International organization participation: ESCAP (associate), Interpol (subbureau), 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
Economy Guam
Economy - overview: The economy depends on US military spending, tourism, and the export of fish and handicrafts. Total US grants, wage payments, and procurement outlays amounted to $1 billion in 1998. 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 1 million tourists visit Guam each year. The industry has recently suffered setbacks because of the continuing Japanese slowdown; the Japanese normally make up almost 90% of the tourists. Most food and industrial goods are imported. Guam faces the problem of building up the civilian economic sector to offset the impact of military downsizing.
GDP: purchasing power parity - $3.2 billion (2000 est.)
GDP - real growth rate: NA%
GDP - per capita: purchasing power parity - $21,000 (2000 est.)
GDP - composition by sector: agriculture: NA% industry: 15% (1993) services: NA%