The economy of the Falkland Islands is ranked the largest out of 229 in the world by GDP (PPP), but ranks worldwide by GDP (PPP) per capita.The World Factbook — Central Intelligence Agency . Cia.gov. Retrieved on 20 September 2017. The unemployment rate was 1% in 2016, and inflation was calculated at 1.4% in 2014. Based on 2010 data, the islands have a high Human Development Index of 0.874 and a moderate Gini coefficient for income inequality of 34.17. The local currency is the Falkland Islands pound, which is pegged to the British pound sterling.
