Gross Domestic Product for Guam, 2020
Real gross domestic product (GDP) for Guam decreased 11.9 percent in 2020 after increasing 2.5 percent in 2019, according to statistics released today by the U.S. Bureau of Economic Analysis. The decrease in real GDP reflected decreases in exports of goods and services and personal consumption expenditures. These decreases were partly offset by increases in federal government spending, territorial government spending, and private fixed investment. Imports, a subtraction item in the calculation of GDP, declined.
- Current Release: December 1, 2021
- Next Release: Fall 2022
- Summary of Methodologies: Gross Domestic Product for American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, and the U.S. Virgin Islands
- Estimating GDP for the U.S. Territories
- Territorial Economic Accounts for American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, and the U.S. Virgin Islands Survey of Current Business, June 2021
- The Bureau of Economic Analysis (BEA) Releases GDP Estimates for Four U.S. territories
- Territorial Economic Accounts: New Estimates of GDP for 2016 and New Estimates of GDP by Industry and Compensation by Industry for 2015
- New Estimates of GDP for 2015 and GDP by Industry and Compensation by Industry for 2014
- Results of the First Comprehensive Revision of the Territorial Economic Accounts: New Estimates of GDP for 2014 and Revised Estimates for 2002-2013
What is GDP for Guam?
A comprehensive measure of economic activity for Guam. GDP is the value of the goods and services produced in a territory. Estimates of GDP by industry and compensation by industry are also provided.