159358
English 43.6%, Filipino 21.2%, Chamorro 17.8%, other Pacific island languages 10%, Asian languages 6.3%, other 1.1% (2010 est.)
HAGATNA (capital) 143,000 (2014)
- Conventional long form
- Territory of Guam
- Conventional short form
- Guam
- Local long form
- Guahan
- Local short form
- Guahan
presidential democracy; a self-governing unincorporated territory of the US
- Name
- Hagatna
- Geographic coordinates
- 13 28 N, 144 44 E
- Time difference
- UTC+10 (15 hours ahead of Washington, DC, during Standard Time)
US national defense spending is the main driver of Guam’s economy, followed by tourism and other services. Guam serves as a forward US base for the Western Pacific and is home to thousands of American military personnel. Total federal spending (defense and non-defense) amounted to $1.973 billion in 2014, or 40.4% of GDP. Of that total, federal grants amounted to $373.3 million in 2013, or 32.6% of Guam’s total revenues for the fiscal year. Service exports, mainly spending by foreign tourists to Guam, amounted to $651 million in 2013, or 13.3% of GDP. In 2013, Guam’s economy grew 0.6%. Despite slow growth, Guam’s economy has been stable over the last decade. National defense spending cushions the island’s economy against fluctuations in tourism.
- Inflation
- None%
- Total tax rate (% of commercial profits)
- None%
- Real Interest Rate
- None%
- Manufacturing, value added (% of GDP)
- None%
- Current Account Balance
- US$
- Labor Force, Total
- Employment in Agriculture
- %
- Employment in Industry
- %
- Employment in Services
- %
- Unemployment Rate
- %
- Imports of goods and services
- US$
- Exports of goods and services
- US$
- Total Merchandise Trade
- %
- FDI, net inflows
- US$
- Commercial Service Exports
- US$
fruits, copra, vegetables; eggs, pork, poultry, beef
national defense, tourism, construction, transshipment services, concrete products, printing and publishing, food processing, textiles
- Commodities
- transshipments of refined petroleum products, construction materials, fish, foodstuffs and beverages
- Partners
- Commodities
- petroleum and petroleum products, food, manufactured goods
- Partners