The 2004 CIA World Factbook. United States. Central Intelligence Agency

head of government: Governor Felix P. P. CAMACHO (since 6 January

       2003) and Lieutenant Governor Kaleo MOYLAN (since 6 January 2003)

       cabinet: executive departments; heads appointed by the governor with

       the consent of the Guam legislature

      Legislative branch:

       unicameral Legislature (15 seats; members are elected by popular

       vote to serve two-year terms)

       elections: last held 5 November 2002 (next to be held 2 November

       2004)

       note: Guam elects one nonvoting delegate to the US House of

       Representatives; election last held 5 November 2002 (next to be held

       2 November 2004); results - Madeleine BORDALLO (Democratic Party)

       was elected as delegate; percent of vote by party - Democratic Party

       64.6%, Republican Party 35.4%; seats by party - Democratic Party 1

       election results: percent of vote by party - NA; seats by party -

       Democratic Party 9, Republican Party 6

      Judicial branch:

       Federal District Court (judge is appointed by the president);

       Territorial Superior Court (judges appointed for eight-year terms by

       the governor)

      Political parties and leaders:

       Democratic Party (controls the legislature) [speaker, Vicente (Ben)

       PANGELINAN]; Republican Party (party of Governor CAMACHO) [leader NA]

      Political pressure groups and leaders:

       NA

      International organization participation:

       Interpol (subbureau), IOC, UPU

      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 had

       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: 7% industry: 15% services: 78% (2002 est.)

      Population below poverty line:

       23% (2001 est.)

      Household income or consumption by percentage share:

       lowest 10%: NA

       highest 10%: NA

      Inflation rate (consumer prices):

       0% (1999 est.)

      Labor force:

       60,000 (2000 est.)

      Labor force - by occupation:

       private 74% (industry 10%, trade 24%, other services 40%), federal

       and territorial government 26% (2000 est.)

      Unemployment rate:

       15% (2000 est.)

      Budget:

       revenues: $340 million

       expenditures: $445 million, including capital expenditures of NA

       (2000 est.)

      Agriculture - products:

       fruits, copra, vegetables; eggs, pork, poultry, beef

      Industries:

       US military, tourism, construction, transshipment services,

       concrete products, printing and publishing, food processing, textiles

      Industrial production growth rate:

       NA

      Electricity - production:

       830 million kWh (2001)

      Electricity - consumption:

       771.9 million kWh (2001)

      Electricity - exports:

       0 kWh (2001)

      Electricity - imports:

       0 kWh (2001)

      Oil - production:

       0 bbl/day (2001 est.)

      Oil - consumption:

       20,000 bbl/day (2001 est.)

      Oil - exports:

       NA (2001)

      Oil - imports:

       NA (2001)

      Exports:

       $38 million f.o.b. (2002 est.)

      Exports - commodities:

       mostly transshipments of refined petroleum products; construction

       materials, fish, food and beverage products

      Exports - partners:

       Japan 70.1%, South Korea 17.9%, Singapore 6% (2003)

      Imports:

       $462 million f.o.b. (2002 est.)

      Imports - commodities:

       petroleum and petroleum products, food, manufactured goods

      Imports - partners:

       Singapore 35.8%, Japan 22.2%, South Korea 17.5%, Hong Kong 11.4%

       (2003)

      Debt - external:

       NA (2003 est.)

      Economic aid - recipient:

       Guam receives large transfer payments from the US Federal Treasury

       ($143 million in 1997) into which Guamanians pay no income or excise

       taxes; under the provisions of a special law of Congress, the Guam

       Treasury, rather than the US Treasury, receives federal income taxes

       paid by military and civilian Federal employees stationed in Guam

       (2001 est.)

      Currency: