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| Government Type |
NA |
| Legal System |
modeled on US; US federal laws apply |
| Currency |
US dollar (USD) |
| Economic 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. |
| Natural Resources |
fishing (largely undeveloped), tourism (especially from Japan) |
| Primary Industries |
US military, tourism, construction, transshipment services, concrete products, printing and publishing, food processing, textiles |
| Agricultural Products |
fruits, copra, vegetables; eggs, pork, poultry, beef |
| Import Commodities |
petroleum and petroleum products, food, manufactured goods |
| Export Commodities |
mostly transshipments of refined petroleum products; construction materials, fish, food and beverage products |
| Export Partners |
US 25%, Hong Kong, Japan, Federated States of Micronesia |
| AIRPORTS of Guam |
| Guam-Antonio BWon Pat Intīl Airport |
Agana 6km (3miles), Position 13°29ī00"N, 144°47ī00"E, Elevation 91m (298ft),21 Aircraft Stands |
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