The economy of the Falkland Islands is diversified and gets income from commercial fishing, tourism, agriculture and servicing the fishing industry. The economy has a GDP of $105 million. Fisheries contribute around 52.5 percent to the GDP. The Falkland Islands do not have a central bank, but Standard Chartered Bank has a single branch in Stanley that offers retail, commercial and wholesale banking facilities. Farmland accounts for a little over 80 percent of the Falkland’s land area.
There is a huge potential for growth in some South American nations.