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Guam Economy 2014
http://www.theodora.com/wfbcurrent/guam/guam_economy.html
SOURCE: 2014 CIA WORLD FACTBOOK AND OTHER SOURCES


















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Page last updated on January 31, 2014

Economy - overview:
The economy depends largely on US national defense spending, tourism, other services. Total US grants, wages and salaries, and procurement outlays amounted to approximately $1.6 billion in 2010. Over the past 30 years, tourism has grown to become the largest income source following national defense.

GDP (purchasing power parity):
$4.6 billion (2010 est.)
country comparison to the world: 172
[see also: GDP country ranks ]

GDP (official exchange rate):
$4.6 billion (2010 est.)
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
1.3% (2002-10 average est.)
country comparison to the world: 154
[see also: GDP - real growth rate country ranks ]

GDP - per capita:
$28,700 (2010 est.)
country comparison to the world: 53
[see also: GDP - per capita country ranks ]

GDP - composition, by sector of origin:
agriculture: NA%
industry: NA%
services: NA%

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

Industries:
national defense, 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 ]

Labor force:
69,390
country comparison to the world: 185
note: this number is for the civilian labor force only (2010 est.)
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 0.3%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: NA%
services: NA% (2004 est.)

Unemployment rate:
8.2% (2010 est.)
country comparison to the world: 96
[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: $942.6 million
[see also: Budget revenues country ranks ]
expenditures: $1.082 billion (FY10/11 est.)

Taxes and other revenues:
20.5% of GDP (FY10/11 est.)
country comparison to the world: 163
[see also: Taxes and other revenues country ranks ]

Budget surplus (+) or deficit (-):
-3% of GDP (FY10/11 est.)
country comparison to the world: 120
[see also: Budget surplus (+) or deficit (-) country ranks ]

Fiscal year:
1 October - 30 September

Inflation rate (consumer prices):
4% (2011 est.)
country comparison to the world: 126
[see also: Inflation rate (consumer prices) country ranks ]

Exports:
$44 million (2011 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:
$901 million (2011 est.)
country comparison to the world: 178
[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


NOTE: The information regarding Guam on this page is re-published from the 2014 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Guam Economy 2014 information contained here. All suggestions for corrections of any errors about Guam Economy 2014 should be addressed to the CIA.



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This page was last modified 14-Feb-14
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