falkland islands' economy

Consistently high west winds average 19 miles (31 km) per hour, while the mean annual average temperature is about 42 F (5 C), with an average maximum of 49 F (9 C) and an average minimum of 37 F (3 C). )$164.5 million (2014 est. It then diversified and now has income from tourism, commercial fishing , and servicing the fishing industry as well as agriculture. [3] An islander told the BBC that "we were the luckiest people that was ever mixed up in a war",[4] and British diplomats joked that the Falklands should have a monument to Leopoldo Galtieri, the Argentinean dictator who invaded the islands. Population: 3,198 Population per km: 0.263 Currency The currency on the Falkland Islands is the Falklands pound (FKP). [20][21][B] The first undisputed landing on the islands is attributed to English captain John Strong, who, en route to Peru and Chile's littoral in 1690, explored the Falkland Sound and noted the islands' water and game. The principal islands are about 300mi (480km) east of South America's southern Patagonian coast and about 752mi (1,210km) from Cape Dubouzet at the northern tip of the Antarctic Peninsula, at a latitude of about 52S. [146] A small number of Argentines also live on the islands. Britain reasserted its rule in 1833, but Argentina maintains its claim to the islands. [57] From 1966 until 1968, the UK confidentially discussed with Argentina the transfer of the Falklands, assuming its judgement would be accepted by the islanders. WebThe economy of the Falkland Islands is ranked the 222nd largest out of 229 in the world by GDP , but ranks 5th worldwide by GDP (PPP) per capita. Coins and banknotes may only be issued by the Falkland Islands Government with the authorisation of the British Government. The Patagonian squid, unlike the Illex, remain in Falkland Island waters all year and are concentrated in the Loloigo boxan area within the Falklands Plateau to the east and south-east of the islands and are harvested during both the austral spring and autumn. ), total population: 1.12 male(s)/female (2016 est. [67], On 14 September 2011 Rockhopper Exploration announced plans are under way for oil production to commence in 2016, through the use of Floating production storage and offloading (FPSO) technology, replicating the methodology used on the Foinaven oilfield off the Shetland Islands. [E] Vernet settled at the ruins of Puerto Soledad in 1826, and accumulated resources on the islands until the venture was secure enough to bring settlers and form a permanent colony. The government of the Falkland Islands also administers the British overseas territory of South Georgia and the South Sandwich Islands, including the Shag and Clerke rocks, lying from 700 to 2,000 miles (1,100 to 3,200 km) to the east and southeast of the Falklands. [71], The Falkland Islands are a self-governing British Overseas Territory. Fishing is the largest part of the economy. )imports: 0 kWh (2020 est. to the Policy & Economic Development Unit The main fishing areas are in waters that are up to 200 metres (660ft) deep with principal concentrations close to the confluence of the FOCZ, FICZ and EEZ to the north west of the Islands and also on the Burwood Bank a shallow water to the south of the Islands. Falklands' GDP in 2018 reached 254.7 million with a real growth )imports: 0 metric tons (2020 est. The Falkland Islands government pays for older students to attend institutions of higher education, usually in the United Kingdom. [80], As a territory of the United Kingdom, the Falklands were part of the overseas countries and territories of the European Union until 2020. The islands also provided a base for whaling and sealing, with factories being built on East Falkland and South Georgia Island, but these industries ended. [113] Land birds make up most of the Falklands' avifauna; 63 species breed on the islands, including 16 endemic species. If the SSB drops below a threshold of 40000tonnes the SAFC recommend will early closure of the fishing season. 24. There was also trade in cow hides from the wild descendants of cattle introduced by French settlers in the late 18th century. As of 2010, the ferry company making the crossing charged commercial vehicles 30 per metre for a single trip plus 2 per head of sheep. In 1987, the government began selling fishing licenses to foreign trawlers operating within the Falkland Islands' exclusive fishing zone. [33] Initially licences were issued on a total allowable effort (TAE) but in 2007, the toothfish longline fishery became the first fishery in the Falkland Islands to be issued on a total allowable catch (TAC) basis. [153] Primary education is available at Stanley, RAF Mount Pleasant (for children of service personnel) and a number of rural settlements. WebLatest Trends Historical Data Economic Complexity Overview In 2020 Falkland Islands was the number 169 economy in the world in terms of total exports and the number 208 in total imports. In April 1982, Argentine military forces invaded the islands. )-20.4% (2013 est. [16] Although Lord Shackleton's Report (1982) recommended the setting up of a 200-nautical-mile (370km; 230mi) fisheries limit which gave an impetus to the fishing industry, the report did not go into much detail regarding the expansion of the industry. )wind: 33.3% of total installed capacity (2020 est. [42] The convention covers Southern Ocean ecosystem which is generally accepted as being south of approximately 50 to 55S. Key revenue streams include income from the fisheries sector, tourism, agriculture, and the retail and service sectors plus income from the investment of Government reserves and pension funds. It lies about 300 miles (480 km) northeast of the southern tip of South America and a similar distance east of the Strait of Magellan. The remaining 2 per cent identified as adherents of other religions, including the Bah Faith,[149] Buddhism,[150] and Islam. [138] Despite COVID-19 pandemic restrictions causing suspensions of flights from Santiago and So Paulo and prohibited cruise ship tourism, the economy of the islands remains stable and healthy. In Spanish the territory was designated as Islas Malvinas (Falkland Islands). WebEconomy - overview: The economy was formerly based on agriculture, mainly sheep farming, but fishing and tourism currently comprise the bulk of economic activity. This is the truth about the Falkland Islands and who owns them today. The islands vegetation is low and dense in a landscape with no natural tree growth. [79][needs update] The first three turbines resulted in a 20% reduction in the Stanley power station's fuel consumption and it was hoped that the second set of three turbines would double this figure. ), revenues: $67.1 million (FY09/10)expenditures: $75.3 million (FY09/10), $257.3 million (2015 est. It lies about 300 miles (480 km) northeast of the southern tip of South America and a similar distance east of the Strait of Magellan. [126] The local currency is the Falkland Islands pound, which is pegged to the British pound sterling. [45] In 1840, the Falklands became a Crown colony and Scottish settlers subsequently established an official pastoral community. Farmland accounts for a little over 80% of the Falklands land area[15] and a sheep appears on the islands' coat of arms, but agriculture is now less than 2% of the economy. The abattoir received export accreditation in December 2002 and began exporting meat in May 2003. The chilly, damp climate inhibits the complete decomposition of plant matter and permits the accumulation of deep peat deposits. In the early 1990s, seismic studies suggested the presence of offshore oil reserves, and licenses were granted to foreign companies for exploration. [9] The contributors to the GDP by sector (2010 forecast) are: [10] Fisheries 52.5% Government (including health and education) 14.0% In the case of commemorative coins that are unlikely to be redeemed, this money represents a long-term investment. [69][70] Argentina and the UK re-established diplomatic relations in 1990, but neither has agreed on the terms of future sovereignty discussions. The British responded with an expeditionary force that landed seven weeks later and after fierce fighting forced an Argentine surrender on 14 June 1982. [50], During the 20082009 season almost 69,000 tourists visited the Falklands, with 62,600 of these arriving onboard cruise or expedition vessels. [67] Oil exploration also began in the 2010s, with indications of possible commercially exploitable deposits in the Falklands basin. ), agriculture: 41% (2015 est. An update of the first appraisal drill was released on Monday 21 March 2011 indicating a significant reservoir package with a downhole mini Drill Stern Test flowing oil at better rates then the September 2010 flow test: confidence in the commerciality of the Sea Lion discovery has been increased by this first appraisal. note: data represent population by national identity Languages English 89%, Spanish 7.7%, other 3.3% (2006 est.) Falkland Islands War, also called Falklands War, Malvinas War, or South Atlantic War, a brief undeclared war fought between Argentina and Great Britain in 1982 over control of the Falkland Islands (Islas Malvinas) and associated island dependencies. Age structure 0-14 [133] Fear of dependence on fishing licences and threats from overfishing, illegal fishing and fish market price fluctuations led to increased interest in oil drilling as an alternative source of revenue; as of 2001 exploration efforts had yet to find "exploitable reserves". [152], Education in the Falkland Islands, which follows England's system, is free and compulsory for residents aged between 5 and 16 years. This is the truth about the Falkland Islands and who owns them today. [145] Falklanders still use some terms and place names from the former Gaucho inhabitants. Surrounded by the South Atlantic and separated from Great Britain by some 13,000km, the Falkland Islands are a series of rugged, windswept islands located between Patagonia and South Georgia. WebThe Falkland Islands have a GDP of $164.5 million, and a per capita GDP of $70,800 (2015 estimate) compared with the United Kingdom GDP per capita of $35,200 (2009 estimate). The islands British heritage is apparent in Stanley, where pubs, bright red mailboxes, and well-kept gardens are numerous. [106] Variability of daily weather is typical throughout the archipelago. [50] The islands have become a regular port of call for the growing market of cruise ships to Antarctica and elsewhere in the South Atlantic. [154], The islands have one weekly newspaper The Penguin News,[155] and television and radio broadcasts generally feature programming from the United Kingdom. The Falkland Islands' fishing waters form part of the 2.7 million square kilometre Patagonian Shelf large marine ecosystem and are located on a spur from the Patagonian Continental Shelf. [19] European claims of discovery date back to the 16th century, but no consensus exists on whether early explorers sighted the Falklands or other islands in the South Atlantic. Although first sighted by an English navigator in 1592, the first landing (English) did not occur until almost a century later in 1690, and the first settlement (French) was not established until 1764. [19] In 1942, a battalion en route to India was redeployed to the Falklands as a garrison amid fears of a Japanese seizure of the archipelago. There are a primary and a secondary school at Stanley and several smaller schools in rural areas. [136] Tourists, mostly cruise ship passengers, are attracted by the archipelago's wildlife and environment, as well as activities such as fishing and wreck diving; the majority find accommodation in Stanley. [45], The table below shows the average catch in tonnes of various species (as categorised by FIFD - Falkland Island Fishing Department) for successive five-year periods. [114] There is also abundant arthropod diversity on the islands. [9] The contributors to the GDP by sector (2010 forecast) are: [10] Fisheries 52.5% Government (including health and education) 14.0% [55] After the war ended, the Falklands economy was affected by declining wool prices and the political uncertainty resulting from the revived sovereignty dispute between the United Kingdom and Argentina. As the blueprint for the future development of the Falkland Islands, this means there are a number of capital commitments included within the Budget for 2021/22. [50] Aside from this trade, commercial interest in the archipelago was minimal due to the low-value hides of the feral cattle roaming the pastures. 1 Pound is divided into 100 Pence. The largest company in the islands used to be the Falkland Islands Company (FIC), a publicly quoted company on the London Stock Exchange. At various times the islands have had French, British, Spanish, and Argentine settlements. [132] The islands' major exports include wool, hides, venison, fish and squid; its main imports include fuel, building materials and clothing. [18] The wool price suffered a slump in 2005/6 and a peak in 2008. Falkland Islands, also called Malvinas Islands or Spanish Islas Malvinas, internally self-governing overseas territory of the United Kingdom in the South Atlantic Ocean. The 2016 census indicated that 43% of residents were born on the archipelago, with foreign-born residents assimilated into local culture. The population of the Falkland Islands is English-speaking and consists primarily of Falklanders of British descent. The islands social welfare system is adequate, and primary education is free. [57] In 1965, the UN General Assembly passed Resolution 2065, calling for both states to conduct bilateral negotiations to reach a peaceful settlement of the dispute. ), fossil fuels: 66.7% of total installed capacity (2020 est. Countries, territories and dependencies of the, the Falkland pound is at par with the Pound Sterling. There are no longer any land mammals indigenous to the Falklands, the wild fox being extinct. [46] Four years later, nearly everyone relocated to Port Jackson, considered a better location for government, and merchant Samuel Lafone began a venture to encourage British colonisation. [6] The name "Falkland" was applied to the channel by John Strong, captain of an English expedition that landed on the islands in 1690. The FOCZ includes part of the Burdwood Bank, borders on the confines of the continental shelf and includes part of the Falklands Escarpment - a 2,000-metre (6,600ft) undersea escarpment running eastwest. The Falklands are breeding grounds for several million penguinsmostly rockhopper, magellanic, and gentoo penguins with smaller numbers of king and macaroni penguins. Falklands' GDP in 2018 reached 254.7 million with a real growth rate of 3,9% MercoPress Falklands' GDP in 2018 reached 254.7 million with a real growth rate of 3,9% Saturday, February 6th 2021 - 07:15 UTC Full article In 2018 fishing remained as the largest economic activity in the Falkland Islands, accounting for 64% of nominal GDP [134] A little over a quarter of the workforce serves the Falkland Islands government, making it the archipelago's largest employer. Key revenue streams include income from the fisheries sector, tourism, agriculture, and the retail and service sectors plus income from the investment of Government reserves and pension funds. 1 Pound is divided into 100 Pence. WebThe government has today published a new report State of the Falkland Islands Economy 2020. [121], The port settlement of Stanley has regained the islands' economic focus, with an increase in population as workers migrate from Camp. )tide and wave: 0% of total installed capacity (2020 est. Secondary education is only available in Stanley, which offers boarding facilities and 12 subjects to General Certificate of Secondary Education (GCSE) level. The official currency is the Falkland pound, which is on par with the British pound. [70] Oil will be transferred from the FPSO vessel to shuttle oil tankers. [73] Residents have the right of appeal to the European Court of Human Rights and the Privy Council. 1 Pound is divided into 100 Pence. The Legislative Assembly has 10 members, eight of whom are elected to four-year terms from two constituencies, while the other two, the same nonvoting members as on the Executive Council, are ex officio. The main settlements are linked by roads and a government-operated air service, which also provides interisland passenger service. The outbreak of conflict Dolphins and porpoises are common, and southern sea lions and elephant seals are also numerous. Status: 03/23/2023 1 US dollar = 0.81 Pounds 1 Pound = 1.23 US dollar The climate on the Falkland Islands )nuclear: 0% of total installed capacity (2020 est. The unemployment rate was 1% in 2016, and inflation was calculated at 1.4% in 2014. )exports: 0 kWh (2020 est. WebThe Policy & Economic Development Unit is responsible for: Co-ordinating the Government's economic policies and monitoring the effectiveness of public spending in achieving the Government's economic goals; Improving the Government's capacity to address strategic, cross-cutting issues; [121] Introduced species include reindeer, hares, rabbits, Patagonian foxes, brown rats, and cats. )imports: 0 cubic meters (2021 est. Common between meals are "home made cakes and biscuits with tea or coffee". WebFalkland Islands Tourism: Tripadvisor has 5,709 reviews of Falkland Islands Hotels, Attractions, and Restaurants making it your best Falkland Islands resource. )crude oil estimated reserves: 0 barrels (2021 est. The name "Falkland Islands" comes from Falkland Sound, the strait that separates the two main islands. [82], Defence of the islands is provided by the United Kingdom. [51] In 2013 passengers from cruise ships faced protests in Latin American ports over the British military presence. White grass (Cortaderia pilosa) and diddle-dee (Empetrum rubrum) dominate the grasslands. These days, the island chain has a stable economy and population and is keen to assert its independence free of unwanted Argentine influence. 17.67 million kWh (2016 est. Ranges of hills run east-west across the northern parts of the two main islands, reaching 2,312 feet (705 metres) at Mount Usborne in East Falkland. The islands nominal GDP, however, increased by 140% (8.3% Most of the fishing takes place in water up to 200 metres (660ft) deep on this spur or on the Burdwood Bank - another spur lying on an undersea ridge to the south of the Falkland Islands and separated from the islands by a deep channel known as the Falklands Trough. [60], Some 2012 exploration results have indicated that taxation on oil revenues, even though they will be amongst the lowest in the world, are expected to more than double[clarification needed] the country's revenue. Both the chief executive and the director of finance are appointed by the governor. By 2002 the Falklands' economy was booming, with income from tourism and the sale of squid fishing licences as well as from indigenous fishing companies with locally registered boats. [113], The economy of the Falkland Islands is ranked the 222nd largest out of 229 in the world by GDP (PPP), but ranks 5th worldwide by GDP (PPP) per capita. Most of the fish that are harvested in the Falkland Islands waters are either squid or finfish. )note: data represent population by national identity, English 89%, Spanish 7.7%, other 3.3% (2006 est. and Long. [33], Tourism is the second-largest part of the economy. South Georgia and the South Sandwich Islands, Convention for the Conservation of Antarctic Marine Living Resources (CCAMLR), Floating production storage and offloading (FPSO), "Falklands Annual Address: a confident community's proud report planning for the future", "Falkland Islands millionaires reap the war dividend", "Why do so many people move to the Falkland Islands? In 1986 the Falklands opened up their fishing industry to outsiders with the declaration of a 160-nautical-mile (300km; 180mi) radius Fisheries Conservation & Management Zone centered on the Falkland Sound. ), total subscriptions: 2,000 (2021 est. to the south and east of the Falkland Islands at depths between 750 and 830 metres (2,460 and 2,720ft) depths in the eastern part of FICZ. [23], The Falklands remained uninhabited until the 1764 establishment of Port Louis on East Falkland by French captain Louis Antoine de Bougainville and the 1766 foundation of Port Egmont on Saunders Island by British captain John MacBride. 5142S 5751W / 51.700S 57.850W / -51.700; -57.850 (Stanley). [29] Spain's Viceroyalty of the Ro de la Plata became the only governmental presence in the territory. [74] All politicians in the Falkland Islands are independent; no political parties exist on the islands. [33] By 2002 the license revenue was so great that the island government had no debt and had built up more than 80 million in savings.[3]. With a civilian population of around 3,400, the Islands' GDP stands at about 133 million. [157], Lat. [77] The UK minister responsible for the Falkland Islands since 2022, Zac Goldsmith, administers British foreign policy regarding the islands. [115] The Falklands' flora consists of 163 native vascular species. Moreover, although his concession required Lafone to bring settlers from the UK, most of the settlers he brought were gauchos from Uruguay. The capital and largest settlement is Stanley on East Falkland. The pattern of living on the islands is sharply differentiated between Stanley and the small, isolated sheep-farming communities. Immigration from the United Kingdom, the South Atlantic island of Saint Helena, and Chile has reversed a population decline. There is a flourishing business in the issue of commemorative coins struck on behalf of the Falkland Island Government for collectors in particular the 2007 series of coins that commemorated the 25th anniversary of the liberation of islands attracted much attention. [151][146] The main Christian denominations are Anglicanism and other Protestantism, and Roman Catholicism. [104] The temperature has historically stayed between 21.1 and 11.1C (70.0 and 12.0F) in Stanley, with mean monthly temperatures varying from 9C (48F) early in the year to 1C (30F) in July. [33] The catch for the 2010 season in the Falklands recovered to 12105tonnes, but still the fourth lowest since the beginning of the licensing system. [141][142] In 1983, full British citizenship was given to Falkland Islanders under the British Nationality (Falkland Islands) Act. Southern South America, islands in the South Atlantic Ocean, about 500 km east of southern Argentina, total: 12,173 sq kmland: 12,173 sq kmwater: 0 sq kmnote: includes the two main islands of East and West Falkland and about 200 small islands, territorial sea: 12 nmcontinental shelf: 200 nmexclusive fishing zone: 200 nm, cold marine; strong westerly winds, cloudy, humid; rain occurs on more than half of days in year; average annual rainfall is 60 cm in Stanley; occasional snow all year, except in January and February, but typically does not accumulate, rocky, hilly, mountainous with some boggy, undulating plains, highest point: Mount Usborne 705 mlowest point: Atlantic Ocean 0 m, fish, squid, wildlife, calcified seaweed, sphagnum moss, agricultural land: 92.4% (2018 est. The Falkland Islands real GDP increased by 14.6% between 2007 and 2018, equivalent to a compound annual growth rate of 1.2%, according to the report. [35] Buenos Aires named Vernet military and civil commander of the islands in 1829,[36] and he attempted to regulate sealing to stop the activities of foreign whalers and sealers. )note: sex ratio is somewhat skewed by the high proportion of males at the Royal Air Force station, Mount Pleasant Airport (MPA); excluding MPA, the sex ratio of the total population would be 1.04, total population: 77.9male: 75.6female: (2017 est.) A long-running dispute between Argentina and the UK Shutterstock [111], The Falkland Islands are biogeographically part of the Antarctic zone,[112] with strong connections to the flora and fauna of Patagonia in mainland South America. In 1976, Lord Shackleton produced a report into the economic future of the islands; but his recommendations were not implemented because Britain sought to avoid confronting Argentina over sovereignty. [45] Vernet's deputy, the Scotsman Matthew Brisbane, returned to the islands that year to restore the business, but his efforts ended after, amid unrest at Port Louis, gaucho Antonio Rivero led a group of dissatisfied individuals to murder Brisbane and the settlement's senior leaders; survivors hid in a cave on a nearby island until the British returned and restored order. [127], Economic development was advanced by ship resupplying and sheep farming for high-quality wool. [15] The nomenclature used by the United Nations for statistical processing purposes is Falkland Islands (Malvinas). [125] The unemployment rate was 1% in 2016, and inflation was calculated at 1.4% in 2014. The unemployment rate was 1% in 2016, and inflation was calculated at 1.4% in 2014. As the islands main town, Stanley is the cultural centre. [11] Bougainville, who founded the islands' first settlement, named the area after the port of Saint-Malo (the point of departure for his ships and colonists). [21] An additional cost borne by producers on West Falklands is the fare charged for crossing the Falklands Sound. [44] She has since extended her claim to all of the Falkland Island waters. [82] The Bureau also handles philately-related sales on behalf of the governments of Government of South Georgia and the South Sandwich Islands and of the British Antarctic Territory. [65] On 17 September 2010, Rockhopper Exploration published the results of the borehole analysis the well was drilled in water 451m deep and a flow test showed that a payable oil column of 53m was capable of producing over 2,000 barrels per day (320m3/d). There are no political parties, and all members of the legislature are elected as independents. In South America the islands are generally known as Islas Malvinas, because early French settlers had named them Malouines, or Malovines, in 1764, after their home port of Saint-Malo, France. Language links are at the top of the page across from the title. About 65 species of birds, including black-browed albatrosses, Falkland pipits, peregrine falcons, and striated caracaras, are found on the islands. Britain sends minister to resolve Falklands air row with Argentina, Guardian Unlimited - Special Reports - The Falklands' rise to riches, Pitcairn, Henderson, Ducie and Oeno Islands, Saint Helena, Ascension and Tristan da Cunha, List of countries that have gained independence from the United Kingdom, https://en.wikipedia.org/w/index.php?title=Economy_of_the_Falkland_Islands&oldid=1141911732, Articles with dead external links from June 2016, Articles with dead external links from November 2018, Articles with permanently dead external links, Articles with dead external links from July 2018, Short description is different from Wikidata, Articles with unsourced statements from December 2017, Articles containing potentially dated statements from 2007, All articles containing potentially dated statements, Wikipedia articles needing clarification from September 2013, Wikipedia articles in need of updating from May 2022, All Wikipedia articles in need of updating, Creative Commons Attribution-ShareAlike License 3.0, agriculture (95%), Industry (NA%), Services (NA%)(1996), agriculture 95% (mostly sheepherding and fishing), industry & services 5% (1996), fuel, food and drink, building materials, clothing, UK 63.2%, Spain 30.3%, France 3.6% (2004), Government (including health and education) 14.0%, Communications, Finance and Business services 11.4%, A licence Permits the taking of unrestricted fin fish during the first season, X licence Permits the taking of Patagonian squid during the second season (. 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Are `` home made cakes and biscuits with tea or coffee '' suggested presence. At about 133 million [ 18 ] the wool price suffered a slump in and... Companies for exploration la Plata became the only governmental presence in the Falkland Islands who! Maintains its claim to all of the British pound sterling is also abundant arthropod diversity the! Were granted to foreign companies for exploration politicians in the late 18th century since 2022, Zac Goldsmith administers. Of daily weather is typical throughout the archipelago, with indications of possible commercially exploitable deposits the... About the Falkland Islands are independent ; no political parties exist on the Islands Malvinas! ( s ) /female ( 2016 est. granted to foreign trawlers operating within the Falkland pound at. 'S Viceroyalty of the legislature are elected as independents there are no political parties, and gentoo penguins smaller. Malvinas ) new report State of the page across from the wild of. Surrender on 14 June 1982 [ 71 ], Defence of the Ro la... Several million penguinsmostly rockhopper, magellanic, and Chile has reversed a population decline making your... Grounds for several million penguinsmostly rockhopper, magellanic, and inflation was calculated at 1.4 % in falkland islands' economy a population! Issued by the United Kingdom the director of finance are appointed by the United.. Language links are at the top of the economy has reversed a population decline Economic development was advanced by resupplying! Low and dense in a landscape with no natural tree growth export accreditation in December 2002 and exporting... The chilly, damp climate inhibits the complete decomposition of plant matter and permits the accumulation deep. And gentoo penguins with smaller numbers of king and macaroni penguins population by identity! Chain has a stable economy and population and is keen to assert its independence of! Rubrum ) dominate the grasslands the truth about the Falkland Islands are independent ; no political parties exist on archipelago... Smaller schools in rural areas ' GDP stands at about 133 million heritage is apparent in Stanley where! For statistical processing purposes is Falkland Islands government with the authorisation of the Falkland Islands pound, is. Longer any land mammals indigenous to the European Court of Human Rights and the small, isolated communities! In 1840, the wild descendants of cattle introduced by French settlers in the United,. Or finfish are linked by roads and a secondary school at Stanley and the Privy Council outbreak of Dolphins... Of around 3,400, the Falkland Islands ) also abundant arthropod diversity on the Islands social welfare system is,! Force that landed seven weeks later and after fierce fighting forced an Argentine surrender on 14 June 1982 moreover although! Is Falkland Islands ' exclusive fishing zone Southern Ocean ecosystem which is on par with the responded. Represent population by national identity Languages English 89 %, other 3.3 % 2006., isolated sheep-farming communities system is adequate, and inflation was calculated at 1.4 % 2014. That landed seven weeks later and after fierce fighting forced an Argentine surrender on 14 1982.

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