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Economic Indicators

Calendar YearTotal Population
2020153,836
2010159,358
2000154,805
1990133,152
1980105,979
Source: U.S. Census Bureau, 2020 Census, Guam Bureau of Statistics & Plans, 2020 Statistical Yearbook

Calendar YearGDP (Millions of Dollars)Real GDP (Millions of Chained Dollars)
2022$6,910$5,420
2021$6,234$5,157
2020$5,916$5,053
2019$6,355$5,647
2018$6,051$5,508

Source: Bureau of Economic Analysis Report (April 15, 2024)

Calendar YearAnnual AverageAnnual Average Percent Change
2024167.42.7%
2023162.98.7%
2022149.97.9%
2021139.01.7%
2020133.91.8%
2019131.62.6%

Source: Guam Bureau of Statistics & Plans, Guam Quarterly Consumer Price Index 2nd Quarter 2024 Report

CommodityPeriod
March 2022
Food & Non-Alcoholic Beverages$17,627,343
Alcoholic Beverages$1,413,748
Men & Women Apparel$867,251
Plastics, Leather & Paper$2,502,632
Transportation & Parts$9,113,646
Home Appliances, Equipment & Others$4,412,499
Construction Materials$5,867,831
Other Imports$10,617,789
Total$52,422,739

Source: Bureau of Statistics & Plans, Guam Import Data, External Trade Section, March 2022

CommodityPeriod
July – Sept 2022April – June 2022January – March 2022
Food & Non-Alcoholic Beverages$464,233$360,163$377,172
Alcoholic Beverages$1,754,931$2,015,237$2,248,056
Men & Women Apparel$40,395$22,591
Plastics, Leather & Paper$120,950$40,395
$633,978
Transportation & Parts$1,834,565
$1,690,581
$1,551,149
Home Appliances, Equipment & Others$641,814
$212,276
$740,517
Construction Materials$1,114,729
$1,260,210
$1,528,821
Other Imports$2,302,090
$2,762,014
$3,012,186
Total$8,233,312
$8,381,271
$10,114,470

Source: Bureau of Statistics & Plans, Guam Export Data, External Trade Section, September 2022, June 2022, March 2022

September 2024September 2023September 2022September 2021September 2020
Total Private Sector51,64050,37048,53046,38043,390
Federal Government3,8204,1103,9003,9403,810
Government of Guam12,21012,04012,11011,92011,730
Total Payroll Employment67,67066,52064,54062,24058,930

Source: Guam Bureau of Labor and Statistics, September 2024 Current Employment Report

Total Civilian Labor ForceEmployedUnemployedUnemployment Rate (%)
September 202467,50065,2102,2903.4%
September 202371,99069,0102,9804.1%
September 202271,68068,5503,1304.4%
September 202169,92064,2605,3308.1%
September 202070,62057,97012,65017.9%

Source: Guam Bureau of Labor and Statistics, Unemployment Situation on Guam-Sep 2024

*Data includes the civilian noninstitutional population 16 years of age and older but excludes non-immigrant aliens and civilian living within military installations or housing. 

SectorSeptember 2024September 2023September 2022September 2021September 2020
Agriculture$14.17$13.73$11.87$12.49$12.08
Construction$19.24$18.21$18.14$17.80$16.86
Manufacturing$23.87$22.64
$18.90
$16.59
$15.98
Transportation & Public Utilities$27.48
$27.84
$24.06
$20.78
$20.93
Wholesale Trade$14.18
$15.23
$13.60
$12.50
$12.16
Retail Trade$14.35
$14.31
$13.28
$11.82
$14.87
Finance, Insurance & Real Estate$17.17
$16.59
$16.29
$15.52
$15.18
Services$17.39
$16.90
$16.58
$16.46
$18.75
Total Private Sector Average$18.38
$18.07
$17.13
$16.06
$17.36

Source: Guam Bureau of Labor and Statistics, Current Employment Statistics Historical Summary: 1993-2024

Fiscal YearAmount Obligated
2024$1,776,308,309
2023$3,660,353,578
2022$2,989,544,744
2021$5,217,523,365
2020$3,183,726,308
2019$1,915,369,986

Source: usaspending.gov, August 5, 2024

Calendar YearVisitor Arrivals
2024739,145
2023656,518
2022328,446
202179,389
2020328,173
20191,666,665

Source: Guam Visitors Bureau, December 2024, Preliminary Arrival Summary

By Country of Origin

LocationCY 2024CY 2023CY 2022CY 2021CY 2020CY 2019
Japan208,855
136,73623,5394,168144,240684,802
South Korea374,635
371,903193,4078,002124,181753,357
Taiwan3,598
5,6006362,2674,60128,216
China4,892
2,7565521722,05011,496
United States84,957
83,67770,57849,66633,66690,994
CNMI13,266
13,06315,9353,9565,22922,988
Palau3,704
4,3312,4314617814,331
FSM12,472
12,9035,2292,8933,29720,729
Marshall Islands629
707371582451,634
Philippines13,551
13,6388,8422,8873,29720,729
Australia1,300
2,2871,3593937582,287
Europe1,491
2,2899908275062,289
Hong Kong702
818246294875,116
Russia148
15188704834,012
Singapore680
1,5396161,0561751,539
India143
1088014965175
Malaysia147
156823771388
Other5,231
3,8972,7061,3782,0536,562
Air Arrivals730,401
652,842327,68778,469326,5921,655,670
Sea Arrivals8,744
3,6767599201,58110,995
Total Visitor Arrivals739,145
656,518328,44679,389328,1731,666,665

Airports

AB Won Pat International Airport
Anderson Air Force Base Terminal

AirlinesDirect Flights
China AirlinesHonolulu, USA (7hrs, 10min)
Japan Airlines Co., Ltd.Fukuoka, Japan (4hrs, 15min)
Jeju AirHaneda, Japan (3hrs, 55min)
Jin Air Co., Ltd.Narita, Japan (3hrs, 50min)
Korean AirNagoya, Japan (3hrs, 50min)
Philippine AirlinesOsaka, Japan (4hrs)
Star Marianas Air, Inc.Busan, South Korea (4hrs, 25min)
T’way Air Co., Ltd.Seoul, South Korea (4hrs, 45min)
United AirlinesManila, Philippines (3hrs, 50min)
Saipan, Northern Mariana Islands (45min)
Chuuk, Micronesia (1hr, 45min)
Yap, Micronesia (1hr, 30min)
Koror, Palau (2hrs, 5min)

Number of Flights

Fiscal YearTotal
2024 (Unaudited)30,904
202327,602
202218,756
202112,408
202029,834
201954,538

Source: Guam International Airport Authority Website Statistics, February 19, 2025

Enplaned Passengers

Fiscal YearTotal
2024 (Unaudited)1,050,982
2023882,664
2022418,234
2021135,100
2020888,665
20191,885,108

Source: Guam International Airport Authority Website Statistics, February 19, 2025

Cargo & Mail

(Enplaned & Deplaned, in metric tons)

Fiscal YearTotal
2024 (Unaudited)25,284
202323,495
202234,052
202138,741
202028,064
201919,686

Source: Guam International Airport Authority Website Statistics, February 19, 2025

Airline Carriers

U.S. to GuamAsia to GuamGuam to U.S. Guam to Asia
United AirlinesKorean AirlinesUnited AirlinesKorean Airlines
UA Cargo Charter via Asia Pacific AirlinesJapan AirlinesUA Cargo Charter via Asia Pacific AirlinesJapan Airlines
UPS Freighter

Air Freight Forwarders/3rd Party Logistics

U.S. to GuamAsia to GuamGuam to U.S.Guam to Asia
Triple B ForwardersTriple B ForwardersTriple B ForwardersTriple B Forwarders
CTSI LogisticsCTSI LogisticsCTSI LogisticsCTSI Logistics
Ambyth LogisticsAmbyth LogisticsAmbyth LogisticsAmbyth Logistics
DHLDHLDHLDHL
FedExFedExFedExFedEx
UPSUPSUPSUPS

Jose D. Leon Guerrero Commercial Port Cargo Statistics

Fiscal YearTotal Cargo Revenue TonsTotal Containers HandledTotal Vessel Calls
20231,167,29085,627281
20221,118,03289,052318
20211,084,36686,794319
20201,112,10685,143384
20191,153,13384,954422

Source: Jose D. Leon Guerrero Port Cargo Statistics and Graphs-Tonnage and Container Count

Ocean Carriers

U.S. to GuamAsia to GuamGuam to U.S.Guam to Asia
MatsonAPLMatsonAPL
APLMarianas Express LinesAPLMarianas Express Lines
KyowaKyowa

Ocean Freight Forwards/3rd Party Logistics

U.S. to GuamAsia to GuamGuam to U.S.Guam to Asia
Triple B ForwardersTriple B ForwardersTriple B ForwardersTriple B Forwarders
CTSI LogisticsCTSI LogisticsCTSI LogisticsCTSI Logistics
Approved Freight ForwardersAmbyth Logistics
DGX
Traffic Tech
Aduana
Ambyth Logistics

Real Estate Sales Volume

Calendar YearApproximate Value
2023$469,900,000
2022$600,600,000
2021$599,700,000
2020$388,100,000
2019$435,800,000

Source: Guam Economic Outlook 2024, Siska Hutapea, President Cornerstone Valuation Guam, Inc., Presentation to the Guam Chamber of Commerce, January 19, 2024

Real Estate Sales Transactions

Calendar YearNumber of Sales
20231,131
20221,585
20211,804
20201,251
20191,435

Source: Guam Economic Outlook 2024, Siska Hutapea, President Cornerstone Valuation Guam, Inc., Presentation to the Guam Chamber of Commerce, January 19, 2024

FY2024FY2023FY2022FY2021FY2020
Total Permits Issued9247401,002969623
Building & Construction Permit Fees $378,092,000.00
$253,860,000$580,040,000$307,928,000$379,612,000

Source: Building and Construction Permits FY 1996-2024, Department of Public Works

Hotel NameYear OpenedRooms
Crowne Plaza Resort Guam2022 (Rebrand)321
Rihga Royal Laguna Guam Resort2022 (Rebrand)318
Tsubaki Tower2020340
Dusit Thani Guam Resort2015419
Wyndham Garden Guam2015144
Lotte Hotel2014222
Pacific Star Resort & Spa2014436
Verona Resort & Spa2013256
Pacific Bay Guam2012132
Palmridge Inn201164
Fiesta Resort Hotel2005318
Dusit Beach Resort1999604
Bayview Guam1998148
Santa Fe on the Bay1998105
Tamuning Plaza Hotel199866
Grand Plaza Hotel1997124
Guam Airport Hotel199650
Holiday Resort & Spa Guam1996229
Royal Orchid Guam1996200
Westin Resort Guam1996432
Guam Reef & Olive Spa1994460
Hyatt Regency Hotel1993455
Leo Palace Resort Hotel1993435
Hotel Nikko Guam1992492
Onward Agana Beach Resort1992430
Starts Guam Resort Hotel199262
Tumon Bay Capital Hotel199262
Guam Plaza Hotel1983505
Pacific Islands Club1980793
Hilton Guam Resort & Spa1972658

General Service – Non-Demand (<5,000 kWh per month)

Single Phase ServiceFirst 350 kWh per month$0.20 per kWh
Over 350 kWh per month$0.11 per kWh
Three Phase ServiceFirst 500 kWh per month$0.20 per kWh
Over 500 kWh per month$0.11 per kWh
Customer Charge$14.16 per month

General Services – Demand (>200 kWh per day)

Single Phase ServiceFirst 2,000 kWh per month$0.20 per kWh
Over 2,000 kWh per month$0.07 per kWh
Demand Charge$6.16 per kWh
Three Phase ServiceFirst 5,000 kWh per month$0.19 per kWh
Over 5,000 kWh per month$0.06 per kWh
Demand Charge$5.80 per kWh
Customer Charge$38.33 per month

Large Power Service (Demand ≥200kW)

Energy ChargeFirst 55,000 kWh per month$0.14 per kWh
Over 55,000 kWh per month$0.06 per kWh
Demand ChargePer kW of billing demand per month$8.94 per kW
Customer Charge$55.25 per month

Levelized Energy Adjustment Clause (Distribution Level)

Effective DateRate
8/1/2024$0.26 per kWh
2/1/2024$0.26 per kWh
6/1/2023$0.23 per kWh
2/1/2023$0.32 per kWh

Commercial Water Rates

Rates Effective October 1, 2024

Meter SizeBasic Water ChargeWater Consumption Per K/GAL
¾”
$34.14
$20.20
1”
$39.84
$20.20
1 ½”
$62.51
$20.20
2”
$79.62
$20.20
3”
$142.22
$20.20
4”
$199.08
$20.20
6”
$369.70
$20.20
8”
$540.32
$20.20
10”
$739.41
$20.20
12”
$881.55
$20.20

Agriculture Water Rates

Rates Effective October 1, 2024

Meter Size
Basic Water Charge
Water Consumption Per K/GAL
¾”
$32.98
$6.49
1”
$38.49
$6.49
1 ½”
$60.41
$6.49
2”
$76.94
$6.49
3”
$137.43
$6.49
4”
$192.35
$6.49
6”
$357.20
$6.49
8”
$522.04
$6.49
10”
$714.40
$6.49
12”
$851.73
$6.49

Commercial Sewer Rates

Rates Effective October 1, 2024

CategoryRate
Commercial 1 (per 1000 gallons*)
$11.14
Commercial 2 (per 1000 gallons*)
$27.14
Commercial 3 (per 1000 gallons*)
$37.63

*Rate applied to 80% of water consumption

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