Falkland Islands economy · Economy in Falkland Islands  TodayTourism All Destinations | Europe | Asia | North America | Africa | South America | Oceania | Hotels

Economy in Falkland Islands


Economy in Falkland Islands

The economy of the Falklands was formerly based on agriculture (mainly sheep farming) but today fishing contributes the bulk of economic activity. Income from licensing foreign trawlers totals more than $40 million per year with squid accounting for 75% of the fish taken. Agricultural activities mainly support domestic consumption with the exception of high grade wool which is exported. Surveys have revealed oil deposits within a 200 mile oil exploration zone around the islands and exploratory drilling is underway. The British military presence provides a sizeable economic boost. Tourism is being actively encouraged and increasing rapidly with about 66,000 visitors in 2009; a significant part of the increase is from visiting cruise liners. The majority of visitors are from the UK but efforts are being made to encourage wildlife and adventure tourism. The main season is November to March but angling for sea trout is most favourable outside of this period.

The Most Frequently Asked Travel Questions about Falkland Islands


Where To Stay & Best Hotels in Falkland Islands - updated May 2024

SAVE up to 75% on Last Minute deals! Search for discount Falkland Islands hotels, motels, apartments, hostels, guest accommodations and vacation resorts. Book now and pay at the hotel. Instant email confirmation!


>>> SEARCH FOR DEALS <<<

WHERE TO TRAVEL NEXT IN 2020


Falkland Islands Travel Guide from Wikitravel. Many thanks to all Wikitravel contributors. Text is available under Creative Commons Attribution-ShareAlike 3.0, images are available under various licenses, see each image for details.

Europe | Asia | North America | Africa | South America | Oceania | All Destinations