GDP growth in Guam
Guam: GDP growth was 5.1% in 2022. ◆ Volatile
GDP growth in Guam, 2003–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
In 2022, gdp growth in Guam stood at 5.1%.
Compared with earlier readings it is up 147.8% on the previous year and up 139.0% over ten years.
Over the whole period, gdp growth in Guam peaked at 6.5% in 2004 and was at its lowest, -10.5%, in 2020.
That places Guam 49th out of 214 countries with data for 2022, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.5% | -3.7% | 6.5% | 7 |
| 2010s | 1.2% | -0.8% | 2.5% | 10 |
| 2020s | -1.1% | -10.5% | 5.1% | 3 |
Countries ranked near Guam
More economy & growth data for Guam
- Imports of goods and services 64.0% (2022)
- External balance on goods and services -56.1% (2022)
- GDP per capita 34,628 constant 2015 US$ (2022)
- External balance on goods and services -3.88 billion current LCU (2022)
- External balance on goods and services -3.88 billion current US$ (2022)
- Imports of goods and services 3.63 billion constant 2015 US$ (2022)
- GDP per capita growth 4.2% (2022)
- Imports of goods and services 4.42 billion current US$ (2022)
- Trade 71.9% (2022)
- Imports of goods and services 8.7% (2022)
Frequently asked questions
- What is gdp growth in Guam?
- Gdp growth in Guam was 5.1% in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in Guam?
- The highest recorded value was 6.5% in 2004.
- What is the lowest gdp growth recorded in Guam?
- The lowest recorded value was -10.5% in 2020.
- How does Guam rank for gdp growth?
- Guam ranks 49th out of 214 countries with data for 2022.
- Is gdp growth rising or falling in Guam?
- Over the last ten years it is up 139.0%. The long-run trend across the full record is volatile.
- Where does this Guam data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.