World Factbook
Falkland Islands
Last updated: 2026-03-28 (today)
Industries
fish and wool processing; tourism
Exchange rates
Currency
Falkland pounds (FKP) per US dollar -
Exchange rates 2020
0.78 (2020 est.)
Exchange rates 2021
0.727 (2021 est.)
Exchange rates 2022
0.811 (2022 est.)
Exchange rates 2023
0.805 (2023 est.)
Exchange rates 2024
0.78 (2024 est.)
Economic overview
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
Exports - partners
Spain 68%, Morocco 10%, USA 8%, Namibia 3%, Germany 2% (2023)
note: top five export partners based on percentage share of exports
Imports - partners
UK 68%, Greece 19%, Spain 11%, Netherlands 1%, NZ 0% (2023)
note: top five import partners based on percentage share of imports
Real GDP per capita
Real GDP per capita 2014
$63,000 (2014 est.)
Real GDP per capita 2015
$70,800 (2015 est.)
Agricultural products
fodder and vegetable crops; venison, sheep, dairy products; fish, squid
Exports - commodities
shellfish, fish, wool, sheep and goat meat (2023)
note: top export commodities based on value in dollars over $500,000
Imports - commodities
refined petroleum, aircraft parts, prefabricated buildings, plastic products, surveying equipment (2023)
note: top five import commodities based on value in dollars
GDP (official exchange rate)
$206.4 million (2015 est.)