Guam
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About Guam
Guam is an unincorporated organized territory of the United States located in the western Pacific Ocean, about three-quarters of the way from Hawaii to the Philippines, covering an area of approximately 544 square kilometers. As of 2024, Guam has a population of over 169,500, with English, Filipino, and Chamorro as the most widely spoken languages. The island is volcanic in origin, surrounded by coral reefs, featuring a relatively flat coralline limestone plateau in the north, low hills in the center, and mountains in the south, with a tropical marine climate moderated by northeast trade winds. Hagatna serves as the capital, and the territory operates under a republican form of local self-government.
Guam has an upper-income economy with a GDP of $6.91 billion and a GDP per capita of $35,600, driven primarily by tourism and the presence of multiple US military bases. The economy was significantly impacted by COVID-19 disruptions but has since recovered through vaccination tourism initiatives. Key industries include aquatic wildlife tourism and fishing, though fishing remains largely undeveloped. Guam serves as a strategic American military outpost in the Pacific and a popular destination for Asian tourists, particularly from Japan and South Korea. The territory continues to develop its infrastructure and tourism sector while maintaining its unique Chamorro cultural heritage.
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Economic Overview
small Pacific island US territorial economy; upper income, tourism-based economy; hard-hit by COVID-19 disruptions; relaunched many industries via vaccination tourism; domestic economy relies on multiple military bases; environmentally fragile economy
