Falkland Islands - Economy
How is the economy of Falkland Islands? Based on the information we have, Falkland Islands has a British South American territorial economy; longstanding fishing industry; surging tourism prior to COVID-19 and Brexit; recent offshore hydrocarbon discoveries threaten ecotourism industries; no central bank and must have British approval on currency shifts. Key agricultural products in this country include: fodder and vegetable crops; venison, sheep, dairy products; fish, squid.
More about the economy of Falkland Islands
Labor force
Industrial production growth rate
Industries fish and wool processing; tourism
Population below poverty line
Taxes and other revenues
Fiscal year
Exchange rates
Currency Falkland pounds (FKP) per US dollar -
Exchange rates 2024 0.78 (2024 est.)
Exchange rates 2023 0.805 (2023 est.)
Exchange rates 2022 0.811 (2022 est.)
Exchange rates 2021 0.727 (2021 est.)
Exchange rates 2020 0.78 (2020 est.)
Budget surplus (+) or deficit (-)
Imports (partners) UK 68%, Greece 19%, Spain 11%, Netherlands 1%, NZ 0% (2023)
Comodities Imports force refined petroleum, aircraft parts, prefabricated buildings, plastic products, surveying equipment (2023)
Exports (partners) Spain 68%, Morocco 10%, USA 8%, Namibia 3%, Germany 2% (2023)
Comodities Exports force shellfish, fish, wool, sheep and goat meat (2023)
GDP (official exchange rate) $206.4 million (2015 est.)
Real GDP Per capita
Real GDP per capita 2015 $70,800 (2015 est.)
Real GDP per capita 2014 $63,000 (2014 est.)
All Important Facts about Falkland Islands

Want to know more about Falkland Islands? Check all different factbooks for Falkland Islands below.

Falkland Islands is found in South America