International organization participation: ESCAP (associate), IOC, SPC
Diplomatic representation in the US: none (territory of the US)
Diplomatic representation from the US: none (territory of the US)
Flag description: 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
Economy-overview: The economy depends mainly on US military spending and on revenue generated by the tourism industry. Over the past 20 years, the tourist industry has grown rapidly, creating a construction boom for new hotels and the expansion of older ones. More than one million tourists visit Guam each year. 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.
GDP: purchasing power parity-$3 billion (1996 est.)
GDP-real growth rate: NA%
GDP-per capita: purchasing power parity-$19,000 (1996 est.)
GDP-composition by sector: agriculture: NA% industry: NA% services: NA%