Guam’s Economy Grows in 2015

The Bureau of Economic Analysis released estimates of gross domestic product for Guam for 2015, in addition to estimates of GDP by industry and compensation by industry for 2014.

These estimates were developed under the Statistical Improvement Program funded by the Office of Insular Affairs of the U.S. Department of the Interior.

Revised estimates of Guam’s GDP for 2013 and 2014, as well as revised estimates of GDP by industry and compensation by industry for 2013, are presented in this release.

The estimates of GDP for Guam show that real GDP (adjusted to remove price changes) increased 0.4 percent in 2015, after increasing 1.3 percent in 2014. For comparison, real GDP for the United States (excluding the territories) increased 2.6 percent in 2015, after increasing 2.4 percent in 2014.

guam-sept-21

For more information, read the full report.


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