Falkland Islands (Islas Malvinas) Economy - 1986

GEOGRAPHICAL NAMES 

Agriculture: predominantly sheep farming

Major industry: wool processing

Electric power: 1,250 kW capacity (1985);

2.2 million kWh produced (1985), 1,100 kWh per capita

Exports: to UK, $5.2 million (1982); wool, hides and skins, and other

Imports: from UK, $8.2 million (1982); food, clothing, fuels, and machinery

Major trade partners: exports—nearly all to the UK, some to the Netherlands and to Japan; imports—Curacao, Japan, and UK

Aid: economic commitments—(1970-79) Western (non-US) countries, ODA and OOF, $24 million

Budget: revenues, $5 million (1982); expenditures, $4.8 million (1982)

Falkland Islands

Monetary conversion rate: .833 Falkland Island pound = 833 pound sterling=US$l .December 1984)

NOTE: The information regarding Falkland Islands (Islas Malvinas) on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Falkland Islands (Islas Malvinas) 1986 information contained here. All suggestions for corrections of any errors about Falkland Islands (Islas Malvinas) 1986 should be addressed to the CIA or the source cited on each page.