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Tourism Contributes 5% of GDP

The Falkland Islands Tourist Board this week launched the Islands™ first Tourism Satellite Account (TSA), a United Nations endorsed international standard for measuring the true economic impact of tourism. The TSA reveals that tourists spent £6.6 million in the Falkland Islands in the 2008-9 season, 43% of which was spent by cruise passengers, with a further 43% spent by air passengers and 14% by domestic tourists. The spend of £6.6 million represents 5% of the Falkland Islands™ GDP, which is a significant value in comparison with many other countries.