Falkland Islands (islas Malvinas)

Dependent territory of the U.K.

 

Geography                 Economy                 Defense Forces
People Transportation Government
Communications History Travel

GEOGRAPHY

Location

Southern South America, islands in the South Atlantic Ocean, east of southern Argentina

Area

Note: Includes the two main islands of East and West Falkland and about 200 small islands

Land Boundaries

0 km

Coastline

1,288 km

Maritime Claims

International Disputes

Administered by the U.K., claimed by Argentina

Climate

Cold marine; strong westerly winds, cloudy, humid; rain occurs on more than half of days in year; occasional snow all year, except in January and February, but does not accumulate

Terrain

Rocky, hilly, mountainous with some boggy, undulating plains
lowest point: Atlantic Ocean 0 m
highest point: Mount Usborne 705 m

Natural Resources

Land Use

Irrigated Land

NA

Environment

Note: Deeply indented coast provides good natural harbors; short growing season

PEOPLE

Population

2,374 (July 1996 est.)
2,317 (July 1995 est.)

Age Structure

0-14 Years

NA

15-64 Years

NA

65 Years and Over

NA

Population Growth Rate

2.43% (1996 est.)

Birth Rate

NA

Death Rate

NA

Net Migration Rate

NA

Infant Mortality Rate

NA

Life Expectancy at Birth

NA

Total Fertility Rate

NA

Nationality

Ethnic Divisions

Religions

Languages

English

Labor Force

1,100 (est.)

By occupation:

GOVERNMENT

Names

Digraph

FA

Type

Dependent territory of the U.K.

Capital

Stanley

Administrative Divisions

None (dependent territory of the U.K.)

Independence

None (dependent territory of the U.K.)

National Holiday

Liberation Day, 14 June (1982)

Constitution

3 October 1985

Legal System

English common law

Suffrage

18 years of age; universal

Executive Branch

Legislative Branch

Unicameral

Legislative Council

Elections last held 11 October 1989 (next to be held October 1994); results - percent of vote by party NA; seats - (10 total, 8 elected) independents 8

Judicial Branch

Supreme Court

Political Parties and Leaders

NA

Member of

ICFTU

Flag

Blue with the flag of the U.K. in the upper hoist-side quadrant and the Falkland Island coat of arms in a white disk centered on the outer half of the Falkland Islands flag; the coat of arms contains a white ram (sheep raising is the major economic activity) above the sailing ship Desire (whose crew discovered the islands) with a scroll at the bottom bearing the motto DESIRE THE RIGHT

ECONOMY

Overview

The economy was formerly based on agriculture, mainly sheep farming, which directly or indirectly employs most of the work force. Dairy farming supports domestic consumption; crops furnish winter fodder. Exports feature shipments of high-grade wool to the UK and the sale of postage stamps and coins. Rich stocks of fish in the surrounding waters are not presently exploited by the islanders. So far, efforts to establish a domestic fishing industry have been unsuccessful. The economy has diversified since 1987, when the government began selling fishing licenses to foreign trawlers operating within the Falklands exclusive fishing zone. These license fees total more than $40 million per year and support the island's health, education, and welfare system. To encourage tourism, the Falkland Islands Development Corporation has built three lodges for visitors attracted by the abundant wildlife and trout fishing. The islands are now self-financing except for defense. The British Geological Survey announced a 200-mile oil exploration zone around the islands in 1993, and early seismic surveys suggest substantial reserves capable of producing 500,000 barrels per day. An agreement between Argentina and the United Kingdom in 1995 seeks to defuse licensing and sovereignty conflicts that would dampen foreign interest in exploiting potential oil reserves.

National Product

GDP NA

National Product Real Growth Rate

NA

National Product Per Capita

NA

Inflation Rate (consumer Prices)

7.4% (1980-87 average)

Unemployment Rate

NA; labor shortage

Budget

Exports

$5.4 million

Commodities:

Partners:

Imports

At least $13.9 million

Commodities:

Partners:

External Debt

NA

Industrial Production

Growth rate NA

Electricity

Industries

Agriculture

Predominantly sheep farming; small dairy herds; some fodder and vegetable crops

Economic Aid

Currency

1 Falkland pound (#F) = 100 pence

Exchange Rates

Falkland pound (#F) per US$1 - 0.6535 (January 1996), 0.6335 (1995), 0.6529 (1994), 0.6658 (1993), 0.5664 (1992), 0.5652 (1991), 0.5604 (1990); note - the Falkland pound is at par with the British pound

Fiscal Year

1 April - 31 March

TRANSPORTATION

Railroads

0 km

Highways

Ports

Stanley

Merchant Marine

None

Airports

COMMUNICATIONS

Telephone System

1,180 telephones (1991 est.)

Radio

Television

DEFENSE FORCES

Branches

British Forces Falkland Islands (includes Army, Royal Air Force, Royal Navy, and Royal Marines), Police Force

Defense Expenditures

NA, % of GDP: NA

Note: Defense is the responsibility of the U.K.

History
World Atlas

Last modified: 8 december 1997