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South Georgia and the South Sandwich Islands

South Georgia and the South Sandwich Islands

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ISO 4217

South Georgia and the South Sandwich Islands

King Edward Point

English

1,000

South Georgia and the South Sandwich Islands Pound

GS

Delivery

  • Certificate of incorporation 

  • Articles of association

  • Meeting minutes 

  • Company stamp

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Document checklist:

The economy of South Georgia and the South Sandwich Islands is largely dependent on fishing and tourism. According to the World Bank, the GDP of South Georgia and the South Sandwich Islands in 2019 was estimated to be $2.3 million, with a growth rate of 0.3%. The main industries in the region are fishing, tourism, and government services. Fishing is the main source of income, accounting for around 80% of the GDP. The fishing industry employs around 1,000 people and generates an estimated $1.8 million in revenue annually. Tourism is also an important source of income, with an estimated $400,000 in revenue generated in 2019. The government provides services such as healthcare, education, and infrastructure, which account for around 20% of the GDP. The population of South Georgia and the South Sandwich Islands is estimated to be around 3,000 people. The unemployment rate is low, at around 2%. The currency used in the region is the British Pound. Overall, the economy of South Georgia and the South Sandwich Islands is small but stable, with fishing and tourism providing the main sources of income.

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