GEOGRAPHICAL NAMES

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.)
country comparison to the world: 185
[see also: GDP country ranks ]

GDP (official exchange rate):
$2.773 billion (2001)
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
NA%
[see also: GDP - real growth rate country ranks ]

GDP - per capita:
$15,000 (2005 est.)
country comparison to the world: 86
[see also: GDP - per capita country ranks ]

GDP - composition by sector:
agriculture: NA%
[see also: GDP - composition by sector - agriculture country ranks ]
industry: NA%
services: NA%

Labor force:
82,950 (2007 est.)
country comparison to the world: 184
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 26%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 10%
services: 64% (2004 est.)

Unemployment rate:
11.4% (2002 est.)
country comparison to the world: 123
[see also: Unemployment rate country ranks ]

Population below poverty line:
23% (2001 est.)
[see also: Population below poverty line country ranks ]

Household income or consumption by percentage share:
lowest 10%: NA%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: NA%

Budget:
revenues: $319.6 million
[see also: Budget revenues country ranks ]
expenditures: $427.8 million (2002 est.)

Taxes and other revenues:
11.5% of GDP (2002 est.)
country comparison to the world: 203
[see also: Taxes and other revenues country ranks ]

Budget surplus (+) or deficit (-):
-3.9% of GDP (2002 est.)
country comparison to the world: 125
[see also: Budget surplus (+) or deficit (-) country ranks ]

Inflation rate (consumer prices):
2.5% (2005 est.)
country comparison to the world: 56
[see also: Inflation rate (consumer prices) country ranks ]

Agriculture - products:
fruits, copra, vegetables; eggs, pork, poultry, beef

Industries:
US military, tourism, construction, transshipment services, concrete products, printing and publishing, food processing, textiles

Industrial production growth rate:
NA%
[see also: Industrial production growth rate country ranks ]

Exports:
$45 million (2004 est.)
country comparison to the world: 198
[see also: Exports country ranks ]

Exports - commodities:
transshipments of refined petroleum products, construction materials, fish, food and beverage products

Imports:
$701 million (2004 est.)
country comparison to the world: 186
[see also: Imports country ranks ]

Imports - commodities:
petroleum and petroleum products, food, manufactured goods

Debt - external:
$NA
[see also: Debt - external country ranks ]

Exchange rates:
the US dollar is used

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