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105<script id="jquery-migrate-js" src="https://www.gov.fk/policy/wp-includes/js/jquery/jquery-migrate.min.js?ver=3.4.1"></script>
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106<script id="addtoany-core-js-before"> 107window.a2a_config=window.a2a_config||{};a2a_config.callbacks=[];a2a_config.overlays=[];a2a_config.templates={};a2a_localize = { 108 Share: "Share", 109 Save: "Save", 110 Subscribe: "Subscribe", 111 Email: "Email", 112 Bookmark: "Bookmark", 113 ShowAll: "Show All", 114 ShowLess: "Show less", 115 FindServices: "Find service(s)", 116 FindAnyServiceToAddTo: "Instantly find any service to add to", 117 PoweredBy: "Powered by", 118 ShareViaEmail: "Share via email", 119 SubscribeViaEmail: "Subscribe via email", 120 BookmarkInYourBrowser: "Bookmark in your browser", 121 BookmarkInstructions: "Press Ctrl+D or \u2318+D to bookmark this page", 122 AddToYourFavorites: "Add to your favourites", 123 SendFromWebOrProgram: "Send from any email address or email program", 124 EmailProgram: "Email program", 125 More: "More…", 126 ThanksForSharing: "Thanks for sharing!", 127 ThanksForFollowing: "Thanks for following!" 128}; 129 130 131//# sourceURL=addtoany-core-js-before 132</script>
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133<script id="addtoany-core-js" defer src="https://static.addtoany.com/menu/page.js"></script>
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href="https://www.gov.fk/policy/2021-census/">Census 2021</a></li><li class="mega-menu-item mega-menu-item-type-post_type mega-menu-item-object-page mega-current-page-ancestor mega-current-menu-ancestor mega-current-menu-parent mega-current-page-parent mega-current_page_parent mega-current_page_ancestor mega-menu-item-has-children mega-align-bottom-left mega-menu-flyout mega-menu-item-624" id="mega-menu-item-624"><a class="mega-menu-link" href="https://www.gov.fk/policy/statistics/" aria-expanded="false" aria-controls="mega-sub-menu-624">Statistics<span class="mega-indicator" aria-hidden="true"></span></a> 187<ul class="mega-sub-menu" id='mega-sub-menu-624'> 188<li class="mega-menu-item mega-menu-item-type-post_type mega-menu-item-object-page mega-menu-item-has-children mega-menu-item-626" id="mega-menu-item-626"><a class="mega-menu-link" href="https://www.gov.fk/policy/statistics/living-minimum-wage/" aria-expanded="false" aria-controls="mega-sub-menu-626">Living &
188 Minimum Wage<span class="mega-indicator" aria-hidden="true"></span></a> 189 <ul class="mega-sub-menu" id='mega-sub-menu-626'> 190<li class="mega-menu-item mega-menu-item-type-post_type mega-menu-item-object-page mega-menu-item-627" id="mega-menu-item-627"><a class="mega-menu-link" href="https://www.gov.fk/policy/statistics/living-minimum-wage/accommodation-offset/">Accommodation Offset</a></li> </ul> 191</li><li class="mega-menu-item mega-menu-item-type-post_type mega-menu-item-object-page mega-current-menu-item mega-page_item mega-page-item-456 mega-current_page_item mega-menu-item-628" id="mega-menu-item-628"><a class="mega-menu-link" href="https://www.gov.fk/policy/statistics/national-accounts/" aria-current="page">National Accounts</a></li><li class="mega-menu-item mega-menu-item-type-post_type mega-menu-item-object-page mega-menu-item-629" id="mega-menu-item-629"><a class="mega-menu-link" href="https://www.gov.fk/policy/statistics/retail-price-index/">Retail Price Index</a></li><li class="mega-menu-item mega-menu-item-type-post_type mega-menu-item-object-page mega-menu-item-625" id="mega-menu-item-625"><a class="mega-menu-link" href="https://www.gov.fk/policy/statistics/household-expenditure-survey-2025-26/">Household Expenditure Survey 2025/26</a></li></ul> 192</li><li class="mega-menu-item mega-menu-item-type-post_type mega-menu-item-object-page mega-menu-item-630" id="mega-menu-item-630"><a class="mega-menu-link" href="https://www.gov.fk/policy/consultations/">Consultations</a></li><li class="mega-menu-item mega-menu-item-type-post_type mega-menu-item-object-page mega-menu-item-632" id="mega-menu-item-632"><a class="mega-menu-link" href="https://www.gov.fk/policy/downloads/">Downloads</a></li></ul><button aria-controls="mega-menu-viewport_main_menu" aria-label="Close" class='mega-close'></button></div> </div> 193 <div class="search"> 194 <form role="search" method="get" id="searchform" action="https://www.gov.fk/policy/"> 195 <label for="s" class="screen-reader-text">Search for:</label> 196 <input type="text" value="" name="s" id="s" placeholder="Search..." /> 197 <button type="submit" id="searchsubmit"><i class="bi bi-search"></i></button> 198 </form> 199 </div> 200 </div> 201 </div> 202 </div> 203 <div class="header-gap"></div> <div class="entry-content wp-block-post-content has-global-padding is-layout-constrained wp-block-post-content-is-layout-constrained"> 204 205<div class="wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained"><div class="yoast-breadcrumbs"><span><span><a href="https://www.gov.fk/policy/">Home</a></span> » <span><a href="https://www.gov.fk/policy/statistics/">Statistics</a></span> » <span class="breadcrumb_last" aria-current="page">National Accounts</span></span></div></div> 206 207 208 209<div style="height:4vh" aria-hidden="true" class="wp-block-spacer"></div> 210 211 212<h1 class="wp-block-post-title">National Accounts</h1> 213 214 215<div style="height:4vh" aria-hidden="true" class="wp-block-spacer"></div> 216 217 218 219<div class="wp-block-group has-global-padding is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-7f51fafc wp-block-group-is-layout-constrained"> 220<p class="wp-block-paragraph">National accounts present data on economic activities taking place in a given geographic area over a period of time. The best known component of national accounts is gross domestic product (GDP), which is widely considered to be a key indicator of the health of an economy. National accounts also provide valuable information about the structure of an economy, and can include a range of other economic indicators.</p> 221 222 223 224<p class="wp-block-paragraph">The System of National Accounts 2008 (SNA 2008), published by the United Nations, sets standards for the compilation of national accounts. Falkland Islands national accounts have, as far as possible, been prepared in line with these standards. However, due to limitations on data availability and statistical resource, the Policy & Economic Development Department does not compile a full set of national accounts as defined in SNA 2008. Work has focussed on compiling a production account and a generation of income account.</p> 225 226 227 228<p class="wp-block-paragraph">Gross Domestic Product measures the amount of economic activity occurring within a defined territory and time-frame. The gross domestic product of an economy is equal to the sum of the gross value added by each institutional unit (i.e. each company, household etc.) within that economy.</p> 229 230 231 232<p class="wp-block-paragraph">GDP estimates can be presented at both current (nominal) and constant (real) prices. Current price estimates of GDP are compiled using prices prevailing in the year of measurement. For example, current price GDP for 2010 is compiled using 2010 prices to value the goods and services produced in that year, and current price GDP for 2011 values that yearâs output using 2011 prices. Changes in GDP at current prices are thus composed of changes in the volume of goods and services provided and changes in the prices of those goods and services. This makes current price GDP a poor measure of changes in the size of an economy (although for economies like the Falkland Islands that engage in large scale trade with the rest of the world, the prices received for export goods are clearly important for economic well being).</p> 233 234 235 236<div style="height:1vh" aria-hidden="true" class="wp-block-spacer"></div> 237 238 239 240<div class="wp-block-file"><a id="wp-block-file--media-890ca16e-5bba-4ebe-95f6-67768f377032" href="https://www.gov.fk/policy/wp-content/uploads/sites/33/2026/05/150-25-Appendix-1-National-accounts-2014-2024.pdf">Falkland Islands National Accounts 2014-2024</a><a href="https://www.gov.fk/policy/wp-content/uploads/sites/33/2026/05/150-25-Appendix-1-National-accounts-2014-2024.pdf" class="wp-block-file__button wp-element-button" download aria-describedby="wp-block-file--media-890ca16e-5bba-4ebe-95f6-67768f377032">Download</a></div> 241 242 243 244<div class="wp-block-file"><a id="wp-block-file--media-424dbcaa-679e-413d-ac8b-b712572dccd2" href="https://www.gov.fk/policy/wp-content/uploads/sites/33/2026/05/National-Accounts-2013-2023.pdf">Falkland Islands National Accounts 2013-2023</a><a href="https://www.gov.fk/policy/wp-content/uploads/sites/33/2026/05/National-Accounts-2013-2023.pdf" class="wp-block-file__button wp-element-button" download aria-describedby="wp-block-file--media-424dbcaa-679e-413d-ac8b-b712572dccd2">Download</a></div> 245 246 247 248<div class="wp-block-file">
248<a id="wp-block-file--media-3032ac32-c375-42d8-a2f3-8a6a93e82f8f" href="https://www.gov.fk/policy/wp-content/uploads/sites/33/2026/05/National-Accounts-2011-2022.pdf">Falkland Islands National Accounts 2011-2022</a><a href="https://www.gov.fk/policy/wp-content/uploads/sites/33/2026/05/National-Accounts-2011-2022.pdf" class="wp-block-file__button wp-element-button" download aria-describedby="wp-block-file--media-3032ac32-c375-42d8-a2f3-8a6a93e82f8f">Download</a></div> 249 250 251 252<div class="wp-block-file"><a id="wp-block-file--media-ce768221-efad-4366-a267-3f53741833b9" href="https://www.gov.fk/policy/wp-content/uploads/sites/33/2026/05/National-Accounts-2010-2020.pdf">Falkland Islands National Accounts 2010-2020</a><a href="https://www.gov.fk/policy/wp-content/uploads/sites/33/2026/05/National-Accounts-2010-2020.pdf" class="wp-block-file__button wp-element-button" download aria-describedby="wp-block-file--media-ce768221-efad-4366-a267-3f53741833b9">Download</a></div> 253 254 255 256<div class="wp-block-file"><a id="wp-block-file--media-a3d38988-d90d-4b2d-92fb-d22205e903a0" href="https://www.gov.fk/policy/wp-content/uploads/sites/33/2026/05/National-Accounts-2009-2018.pdf">Falkland Islands National Accounts 2009-2018</a><a href="https://www.gov.fk/policy/wp-content/uploads/sites/33/2026/05/National-Accounts-2009-2018.pdf" class="wp-block-file__button wp-element-button" download aria-describedby="wp-block-file--media-a3d38988-d90d-4b2d-92fb-d22205e903a0">Download</a></div> 257 258 259 260<div class="wp-block-file"><a id="wp-block-file--media-6cf50bd3-af25-4c66-b3b5-3b2a18626f5a" href="https://www.gov.fk/policy/wp-content/uploads/sites/33/2026/05/National-Accounts-2008-2017.pdf">Falkland Islands National Accounts 2008-2017</a><a href="https://www.gov.fk/policy/wp-content/uploads/sites/33/2026/05/National-Accounts-2008-2017.pdf" class="wp-block-file__button wp-element-button" download aria-describedby="wp-block-file--media-6cf50bd3-af25-4c66-b3b5-3b2a18626f5a">Download</a></div> 261 262 263 264<div class="wp-block-file"><a id="wp-block-file--media-eeb178c3-6323-4698-8d24-1483051ca18d" href="https://www.gov.fk/policy/wp-content/uploads/sites/33/2026/05/State-of-the-Falkland-Islands-Economy-2018.pdf">State of the Falkland Islands Economy 2018</a><a href="https://www.gov.fk/policy/wp-content/uploads/sites/33/2026/05/State-of-the-Falkland-Islands-Economy-2018.pdf" class="wp-block-file__button wp-element-button" download aria-describedby="wp-block-file--media-eeb178c3-6323-4698-8d24-1483051ca18d">Download</a></div> 265 266 267 268<div style="height:1vh" aria-hidden="true" class="wp-block-spacer"></div> 269 270 271 272<p class="wp-block-paragraph"><strong>For more information, please contact:</strong></p> 273 274 275 276<p class="wp-block-paragraph">Roddy Cordeiro<br>Head of Policy, Directorate of Policy & Economic Development<br>Phone: +500 28422<br>Email:Â <a href="/cdn-cgi/l/email-protection#deacbdb1acbabbb7acb19eadbbbdf0b9b1a8f0b8b5"><span class="__cf_email__" data-cfemail="fc8e9f938e9899958e93bc8f999fd29b938ad29a97">[email protected]</span></a>Â Â </p> 277</div> 278 279 280 281<div style="height:4vh" aria-hidden="true" class="wp-block-spacer"></div> 282 283 284 285<div class="wp-block-group alignfull has-background has-global-padding is-layout-constrained wp-block-group-is-layout-constrained" style="background-color:#f9fafb;padding-top:10vh;padding-bottom:10vh"> 286<h2 class="wp-block-heading">For more information, please contact <br>the Directorate of Policy, Economy & Corporate Services</h2> 287 288 289 290<p class="wp-block-paragraph">Youâll find our office hours, location, and full contact details below.</p> 291 292 293 294<div class="wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex"> 295<div class="wp-block-button"><a class="wp-block-button__link wp-element-button" href="https://www.gov.fk/policy/contact-us/">Contact us</a></div> 296</div> 297</div> 298 </div> 299 <div class="footer"> 300 <div class="top-row"> 301 <div class="wrapper"> 302 <div class="logo"> 303 <a href="https://www.gov.fk/policy"> 304 <img src="https://www.gov.fk/policy/wp-content/themes/falklands/assets/img/falklands-logo.svg"> 305 <div class="logotext"> 306 <strong>Falkland</strong>Islands 307 <span>Government</span> 308 </div> 309 </a> 310 </div> 311 <div class="footer-menu"> 312 313<ul class="wp-block-list"> 314<li><a href="https://www.gov.fk/policy/contact-us/" data-type="page" data-id="15">Contact Us</a></li> 315 316 317 318<li><a href="https://www.gov.fk/figas/terms-conditions/" data-type="page" data-id="258"></a><a href="https://www.gov.fk/terms-and-conditions/" target="_blank" rel="noreferrer noopener">Terms & Conditions</a></li> 319 320 321 322<li><a href="https://www.gov.fk/privacy-policy/" target="_blank" rel="noreferrer noopener">Privacy Policy</a></li> 323</ul> 324 </div> 325 </div>
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