, EISalvador Falkland Islands Production Colony of Falkland Islands and Dependencies Gross domestic product 1976: ES(Z:5464mn = $2186mn = £ 1210mn Growth in realterms: 1960-70 5.6 %pa, 1970-76 5.1 %pa Location South Atlantic Structure of.gross d:'mestic product (197 5) By origin Agriculture 24 %, The Falkland Islands comprise some 200 islands manufactunng 17 %, transport and communication 5 %, other 54 % about 770 km north-east of Cape Horn, with 2 main islands. The dependency of South Georgia Production indices 1960 1970 1976 Growth %pa is I 300 km east-south-east of the Falklands, and (1970 = 100) 1960-70 1970-76 the dependency of South Sandwich Islands is Agricultural 75 100 127 3.0 4.0 800 km south-east of South Georgia Manufacturing 36* 100 128" 10.8* 5.1' Land Area 16260 km' = 6 280mi', of which, Main products (000 t) Agriculture ' South Georgia 3 750 km' = I 450 mi', . . South Sandwich group 340 km • = 130 mi • Maize 178 363 342 7.4 -1.0 CIIDiate Cool, with strong winds; rigorous in the dependencies 147 1.0 Sorghum 82 !56 6.0 Weather at Stanley, 2m altitude Sugar, raw value 48 122 262 9.8 13.6 Tel!lperature: hottest month Jan 6-13 coldest July minus 1-4 °C Oranges 22** 41 42* 6.4** 0.4* oc, R!lmfall (av monthly): driest month Sept 38 mm, wettest Dec, Jan 71 mm Pineapples 18** 33 28* 6.2** -2.7* TIDie Stanley: 3 hours behind GMT; other: 4 hours behind GMT Coffee 99 129 !59 2.7 3.5 Measures UK (imperial) system Cotton 42 46 62 0.9 5.1 Monetary unit Falkland Islands (FI £) = I 00 new pence Milk 205* 181 186 -1.2* 0.5 Rate of exchange (1976 av): par FI £ = £ 1, free$ 1.806 = FI £ 1 Eggs 15** 23 27 4.4** 2.7 Beef and veal 16* 21 30* 2.8* 6.1* Timber (000 m ') 2960* 2 375* 3 928*" -2.2* 10.6*' Summary Other Polit~cal UK Colony, to which, as the Islas Malvinas, Argentina makes Petroleum products 172 630*• na 29.6*' a clatm.. sout~ Orkney Islands, South Shetland Islands and part of the Electricity (mn kWh) 256 671 I 193 10.1 10.0 Antarcttc Pemnsula and continent, former dependencies of the Falklands Salt 14* 32* 23*• 8.6* -6.4*' became the British Antarctic Territory from March 3 1962 ' Beer (000 hi) 145 184 386• 2.4 16.0• Economic Wool accounts for nearly all exports; ther;are reported to be oil Cigarettes (mn units) 854 1441 I 779• 5.4 4.3• reserves offshore, and the fishing potential is thought to be considerable Cotton yarn 2.0 3.7 6.2d 6.3 13.8• Cotton fabrics (mn m) 22 37 37d 5.3 o.o• Rayon fabrics (mn m) 16.9 12.9d na -6.5• People, resources and equipment Ethyl alcohol (000 hi) 29h na 11.6• na 56' Population 1962 2 190*, 1970 2 060*, 1976 I 920* Sulphuric acid na 11 na 1.8• 12" Growth : 1962- 70 - 0.8* %pa, 1970-76 - 1.2* %pa Fertilisers, nitrogenous• 8.0* -6.6* 5.3 na Density (1976): 0.1 *people per km' Fertilisers, phosphate• 1.5* 2.4* 8.1* na Vital statistics (rate per 1 000 people, 1975): births 16.8, deaths 11 .5 Cement 167 340• 6.9 15.3• 86 Town (population, 1972) Stanley (capital) 1 081 Radio and television sets Race (1972) British 97 % (000 units) J6d na na na na Language English Motor vehicles (000 units) 1 na na na na t.o• Religio!l (1972) Christian 93 % (Anglican 54 %, Roman Catholic II %) •Years ending June 30th •!975 '1970-75 d!974 •1970-74 '1969 •1963-69 Education (1973) Pupils 280, teachers 21 '1963 I Assembly of lorries only Labour force (I 972) I 006 Transport traffic (1976) Air Passenger-km 195 mn, cargo 14.0 mn t-km Personnel (1974) Physicians: 3, I per 606 people S ea Goods loaded 0.60 mn t, unloaded 1.59 mn t Standard of living Tourism (1 975) Number of visitors 266 000, gross receipts$ 18 mn N ational income per person (I 976): FI £ 980* = $ 1 770* = £ 980* Consumption per person (1975): energy 750* kg coal equivalent Finance and trade electricity (production) I 040 kWh ' T~lephones (Dec 1976): 500**, 260** per I 000 people Price indices 1960 1970 1976 Growth %pa Livestock (000, 1976) Sheep 645, cattle 9, horses 2, chickens 8* (1970 = 100) 1960- 70 1970- 76 E lec trical capacity (1975) I* megawatt Consumer prices 93.8 100.0 161.8 0.6 8.4 Hospital beds (1 976) 27, 1 per 71 people Wholesale prices 89.3 100.0 208.3 1.1 13.0 Roads (1976) 21 km = 13 mi, density 0.001 km per km' Money stock Ships (registered, 1977) 5, total of6 937 gross tons (end-year, ES(Z: mn) 193 317 I 001 5.1 2 1.1 Port Port Stanley Budget (1976) Revenue: ES (2: 805 mn $ 322 mn £ 178 mn = = Airport Stanley Expenditure: ES (2: 830 mn = $ 332 mn = £ 184 mn Radio sets (I 97 5) 961, 500 per I 000 people Balanceofpayments($ mn) 1972 1973 1974 1975 1976 Balance of goods (fob) + 52 + 19 -58 -18 + 105 Balance of services - 52 - 76 -95 -103 - 113 Production, finance and trade Balance of transfers + 12 + 14 + 18 +27 + 30 Gross domestic product Current balance 12 -44 -134 -93 + 22 + 1976: FI £2.l*mn = $ 3.8*mn = £2.1*mn Long-term capital flow + 16 + 7 + 144 + 95 + 48 Main products Ag~iculture (000 t, 1976) Milk I*, mutton and goat meat 3*, Reserves and debt (end-year,$ mn) wooll.4*, sheepskms 0.6* Other (1975) electricity 2 mn kWh International reserves 82 62 98 127 205 Transport traffic (1974) Sea Goods loaded 2 000* t, unloaded 22 000* t External public debt 157 192 308 395 462 Budget (197 5 f7 6 ; year ending June 30th) Externaltrade (1976) Imports: ES (2: 1 762 mn = $ 705 mn = £ 390 mn Revenue: FI £1.21 mn = $2.4 mn = £1.21 mn Exports: ES (2: I 803 mn $ 721 mn £ 399 mn = = Expenditure: FI £0.97 mn = $ 1.9 mn = £0.97 mn Main imports % of total Main exports %of total External trade (1975) Imports: FI £ 1.53 mn = $ 3.39 mn = £ 1.53 mn Machinery 21 Coffee 53 Exports: FI £1.17 mn = $2.61 mn = £ 1.17 mn Chemicals 20 Cotton II Main imports (1971) % of total Main export (1975) % oftotal Food 9 Chemicals 6 Food 19 Wool 97 Crude oil 7 Sugar 6 Electrical machinery 11 Motor vehicles 7 Textile yarns & fabrics 5 Crude oil and products 9 Textile yarns & fabrics 5 Clothing 2 Alcoholic beverages 8 Main sources Main destinations Transport equipment 7 United States 29 United States 33 Chemicals 6 14 Guatemala 15 West Germany Main source (1971) 83 % 14 Japan 10 Guatemala Main destination (1971) United Kingdom 93 % Venezuela 7 Netherlands 8 West Germany 6 Japan 8 Costa Rica 5 Costa Rica 6 127

The Economist, The World in Figures © The Economist Newspaper Limited, England 1978