Diplomatic representation in US: none (territory of the US)
US diplomatic representation: none (territory of the US)
Flag: territorial flag is dark blue with a narrow red border on all four sides; centered is a red-bordered, pointed, vertical ellipse containing a beach scene, outrigger canoe with sail, and a palm tree with the word GUAM superimposed in bold red letters; US flag is the national flag
@Guam:Economy
Overview: The economy depends mainly on US military spending and on revenues from tourism. Over the past 20 years the tourist industry has grown rapidly, creating a construction boom for new hotels and the expansion of older ones. Visitors numbered about 900,000 in 1992. The slowdown in Japanese economic growth has been reflected in less vigorous growth in the tourism sector. About 60% of the labor force works for the private sector and the rest for government. Most food and industrial goods are imported, with about 75% from the US. Guam faces the problem of building up the civilian economic sector to offset the impact of military downsizing.
National product: GDP - purchasing power parity - $2 billion (1991 est.)
National product real growth rate: NA%
National product per capita: $14,000 (1991 est.)
Inflation rate (consumer prices): 4% (1992 est.)
Unemployment rate: 2% (1992 est.)