The Gross Domestic Product, which is currently about £100m annually, enables the Islands to be economically self sufficient in all areas but defence. The cost of defending the Islands is currently met by Her Majesty’s Government, and is estimated to amount 0.177% of the total UK Defence budget annually. Beyond the cost of defence, the Falkland Islands do not receive any further financial assistance from the United Kingdom.
Through revenues received, the Falkland Islands Government maintains a balanced budget and provides a high standard of public services. Estimated Operating Expenditure for the 2011/12 Financial Year is £43.0 million, while it is estimated Government Revenue for the same period will be £46.5 million. The Falkland Islands Government reserves currently stand at c.£200m.