Economy of Guam
An overview of key economic indicators. Select a category for detailed trends, charts, and insights.
Explore Economic Domains
Growth & Output
Trade & Finance
Labor & Income
Energy & Environment
Economic Snapshot Overview
A summary of key economic indicators for Guam
- The economic architecture of Guam is substantial, anchored by a Gross Domestic Product (GDP) of approximately $6.91B2022The economy is experiencing robust expansion, with a high growth rate of 5.1%2022,
- On the global stage, the nation's trade and financial dynamics reveal a complex interplay of factors. The nation runs a trade deficit, with exports at 7.9% of GDP and imports at 64.0%2022.
- The labor market is stable, with unemployment at 5.6%2024. The services sector is a primary driver of the labor market, accounting for 86.6% of total employment2023.
- On the environment and energy front, The energy mix is still heavily reliant on traditional sources, with renewables contributing 6.7%2022
Key Economic Insights
Macroeconomic Health
Maintaining a balance between growth, inflation, and employment is the central challenge for economic policymakers.
Trade & Investment Profile
The degree of openness to trade and foreign investment is a major determinant of economic structure and resilience.
Social Equity & Distribution
Distributing the benefits of economic growth equitably is crucial for social cohesion and long-term stability.
Energy & Sustainability
Heavy reliance on fossil fuels creates significant long-term risks related to climate change, price volatility, and energy security.
More About This Country
Neighbors & Regional Peers
Note: The information on this page has been compiled from authoritative sources. While every effort is made to ensure accuracy, please note that some figures may not be current or entirely precise.