| Economy | Guam |
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Economy - overview:
|
The economy depends largely on US military spending and tourism. Total US grants, wage payments, and procurement outlays amounted to $1.3 billion in 2004. Over the past 30 years, the tourist industry has grown to become the largest income source following national defense. The Guam economy continues to experience expansion in both its tourism and military sectors. |
GDP (purchasing power parity):
|
$2.5 billion (2005 est.) |
GDP - per capita (PPP):
|
$15,000 (2005 est.) |
GDP (official exchange rate):
|
$2.773 billion (2001) |
GDP - real growth rate:
|
NA% |
GDP - composition by sector:
|
agriculture: NA%
industry: NA%
services: NA% |
Investment (gross fixed):
|
void |
Population below poverty line:
|
23% (2001 est.) |
Household income or consumption by percentage share:
|
lowest 10%: NA%
highest 10%: NA% |
Distribution of family income - Gini index:
|
void |
Inflation rate (consumer prices):
|
2.5% (2005 est.) |
Central bank discount rate:
|
void |
Commercial bank prime lending rate:
|
void |
Stock of money:
|
void |
Stock of money - per capita:
|
void |
Stock of quasi money:
|
void |
Stock of quasi money - per capita:
|
void |
Stock of domestic credit:
|
void |
Stock of domestic credit - per capita:
|
void |
Stock of narrow money:
|
void |
Stock of broad money:
|
void |
Labor force:
|
82,950 (2007 est.) |
Labor force participation rate:
|
45.26 % of population |
Labor force - by occupation:
|
agriculture: 26%
industry: 10%
services: 64% (2004 est.) |
Unemployment rate:
|
11.4% (2002 est.) |
Unemployment, youth ages 15-24:
|
void |
Budget:
|
revenues: $319.6 million
expenditures: $427.8 million (2002 est.) |
Budget revenues per capita:
|
1,744 USD per capita |
Taxes and other revenues:
|
11.5% of GDP (2002 est.) |
Budget surplus (+) or deficit (-):
|
-3.9% of GDP (2002 est.) |
Public debt:
|
void |
Industries:
|
US military, tourism, construction, transshipment services, concrete products, printing and publishing, food processing, textiles |
Industrial production growth rate:
|
NA% |
Electricity - production:
|
1.764 billion kWh (2008 est.) |
Electricity - production per capita:
|
9,625 kWh per capita |
Electricity - consumption:
|
1.641 billion kWh (2008 est.) |
Electricity - consumption - per capita:
|
8,954 kWh per capita |
Electricity - exports:
|
0 kWh (2009 est.) |
Electricity - imports:
|
0 kWh (2009 est.) |
Oil - production:
|
0 bbl/day (2010 est.) |
Oil - production per capita:
|
void |
Oil - consumption:
|
9,000 bbl/day (2010 est.) |
Oil - consumption - per capita:
|
17.92 bbl/year per capita |
Oil - exports:
|
0 bbl/day (2009 est.) |
Oil - imports:
|
12,710 bbl/day (2009 est.) |
Oil - proved reserves:
|
0 bbl (1 January 2011 est.) |
Natural gas - production:
|
0 cu m (2009 est.) |
Natural gas - production per capita:
|
void |
Natural gas - consumption:
|
0 cu m (2009 est.) |
Natural gas - consumption - per capita:
|
void |
Natural gas - exports:
|
0 cu m (2009 est.) |
Natural gas - imports:
|
0 cu m (2009 est.) |
Natural gas - proved reserves:
|
0 cu m (1 January 2011 est.) |
Agriculture - products:
|
fruits, copra, vegetables; eggs, pork, poultry, beef |
Current account balance:
|
void |
Current account balance - per capita:
|
void |
Exports:
|
$45 million (2004 est.) |
Exports per capita:
|
246 USD per capita |
Exports - commodities:
|
transshipments of refined petroleum products, construction materials, fish, food and beverage products |
Exports - partners:
|
void |
Imports:
|
$701 million (2004 est.) |
Imports per capita:
|
3,825 USD per capita |
Imports - commodities:
|
petroleum and petroleum products, food, manufactured goods |
Imports - partners:
|
void |
Reserves of foreign exchange and gold:
|
void |
Reserves of foreign exchange and gold - per capita:
|
void |
Debt - external:
|
$NA |
Debt - external - per capita:
|
void |
Stock of direct foreign investment - at home:
|
void |
Stock of direct foreign investment - at home - per capita:
|
void |
Stock of direct foreign investment - abroad:
|
void |
Stock of direct foreign investment - abroad - per capita:
|
void |
Market value of publicly traded shares:
|
void |
Market value of publicly traded shares - per capita:
|
void |
Currency (code):
|
US dollar (USD) |
Exchange rates:
|
the US dollar is used |
Fiscal year:
|
1 October - 30 September |
|
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