ce
of income is interest paid on money the government has in the bank.
The British military presence also provides a sizeable economic boost.
GDP: purchasing power parity - $52 million (1996 est.)
GDP - real growth rate: 1% (FY95/96 est.)
GDP - per capita: purchasing power parity - $19,000 (FY95/96 est.)
GDP - composition by sector: agriculture: NA% industry: NA% services: NA%
Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 3.6% (1998)
Labor force: 1,100 (est.)
Labor force - by occupation: agriculture 95% (mostly sheepherding
and fishing)
Unemployment rate: full employment; labor shortage
Budget: revenues: $66.2 million expenditures: $67.9 million, including
capital expenditures of $23.2 million (FY98/99 est.)
Industries: wool and fish processing; sale of stamps and coins; tourism
Industrial production growth rate: NA%
Electricity - production: 12 million kWh (1999)
Electricity - production by source: fossil fuel: 100% hydro: 0% other: 0%
(1999) nuclear: 0%
Electricity - consumption: 11.2 million kWh (1999)
Electricity - exports: 0 kWh (1999)
Electricity - imports: 0 kWh (1999)
Agriculture - products: fodder and vegetable crops; sheep, dairy products
Exports: $7.6 million (1995)
Exports - commodities: wool, hides, meat
Exports - partners: UK, Japan, Chile, NZ
Imports: $24.7 million (1995)
Imports - commodities: fuel, food and drink, building materials, clothing
Imports - partners: UK, Japan, Chile, NZ
Debt - external: $NA
Economic aid - recipient: none
Currency: Falkland pound (FKP)
Currency code: FKP
Exchange rates: Falkland pounds per US dollar - 0.6981 (January 2002),
0.6944 (2001), 0.6596 (2000), 0.6180 (1999), 0.6037 (1998), 0.6106
(1997); note - the Falkland pound is at par with the British pound
Fiscal year: 1 April - 31 March
Communications Falkland Islands (Islas Malvinas)
Telephones - main lines in use: NA
Telephones - mobile cellular: NA
Telephone system: general assessment: NA domestic: government-operated
radiotelephone and private VHF/CB radiotelephone networks provide
effective service to almost all points on both islands international:
satellite earth station - 1 Intelsat (Atlantic Ocean) with links through
London to other countries
Radio broadcast stations: AM 1, FM 7, shortwave 0 (
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