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NAVIGATION
Territory of Guam
GOVERNMENT
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Country name:
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conventional long form: Territory of Guam
conventional short form: Guam local long form: Guahan |
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Dependency status:
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organized, unincorporated territory of the US with policy relations between Guam and the US under the jurisdiction of the Office of Insular Affairs, US Department of the Interior |
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Government type:
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NA |
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Capital:
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Hagatna (Agana) |
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Administrative divisions:
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none (territory of the US) |
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Independence:
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none (territory of the US) |
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National holiday:
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Discovery Day, first Monday in March (1521) |
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Constitution:
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Organic Act of 1 August 1950 |
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Legal system:
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modeled on US; US federal laws apply |
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Suffrage:
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18 years of age; universal; US citizens, but do not vote in US presidential elections |
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Executive branch:
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chief of state: President George W. BUSH of the US (since 20 January 2001); Vice President Richard B. CHENEY (since 20 January 2001)
election results: Felix P. P. CAMACHO elected governor; percent of vote - Felix P. P. CAMACHO (Republican Party) 55.4%, Robert A. UNDERWOOD (Democratic Party) 44.6% elections: US president and vice president elected on the same ticket for a four-year term; governor and lieutenant governor elected on the same ticket by popular vote for four-year term; election last held 5 November 2002 (next to be held NA November 2006) 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 |
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Legislative branch:
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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 7 November 2000 (next to be held 5 November 2002); results - Robert UNDERWOOD was reelected as delegate; percent of vote by party - NA%; seats by party - Democratic Party 1 election results: percent of vote by party - NA%; seats by party - Democratic Party 9, Republican Party 6 |
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Judicial branch:
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Federal District Court (judge is appointed by the president); Territorial Superior Court (judges appointed for eight-year terms by the governor) |
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Political parties and leaders:
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Democratic Party (party of Governor GUTIERREZ) [leader NA]; Republican Party (controls the legislature) [leader NA] |
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Political pressure groups and leaders:
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NA |
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International organization participation:
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ESCAP (associate), Interpol (subbureau), IOC, SPC |
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Diplomatic representation in the US:
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none (territory of the US) |
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Diplomatic representation from the US:
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none (territory of the US) |
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Flag description:
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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
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Economy - overview:
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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 has 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. |
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GDP:
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purchasing power parity - $3.2 billion (2000 est.) |
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GDP - real growth rate:
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NA% |
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GDP - per capita:
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purchasing power parity - $21,000 (2000 est.) |
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GDP - composition by sector:
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agriculture: NA%
industry: 15% (1993) services: NA% (1993) |
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Population below poverty line:
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23% (2001 est.) |
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Household income or consumption by percentage share:
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lowest 10%: NA%
highest 10%: NA% |
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Inflation rate (consumer prices):
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0% (1999 est.) |
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Labor force:
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60,000 (2000 est.) |
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Labor force - by occupation:
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federal and territorial government 26%, private 74% (trade 24%, other services 40%, industry 10%) (2000 est.) |
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Unemployment rate:
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15% (2000 est.) |
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Budget:
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revenues: $420 million
expenditures: $431 million, including capital expenditures of $NA (2000 est.) |
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Industries:
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US military, tourism, construction, transshipment services, concrete products, printing and publishing, food processing, textiles |
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Industrial production growth rate:
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NA% |
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Electricity - production:
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825 million kWh (2000) |
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Electricity - production by source:
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fossil fuel: 100%
hydro: 0% other: 0% (2000) nuclear: 0% |
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Electricity - consumption:
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767.25 million kWh (2000) |
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Electricity - exports:
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0 kWh (2000) |
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Electricity - imports:
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0 kWh (2000) |
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Agriculture - products:
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fruits, copra, vegetables; eggs, pork, poultry, beef |
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Exports:
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$75.7 million f.o.b. (1999 est.) |
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Exports - commodities:
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mostly transshipments of refined petroleum products; construction materials, fish, food and beverage products |
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Exports - partners:
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US 25% |
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Imports:
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$203 million f.o.b. (1999 est.) |
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Imports - commodities:
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petroleum and petroleum products, food, manufactured goods |
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Imports - partners:
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US 23%, Japan 19% |
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Debt - external:
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$NA |
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Economic aid - recipient:
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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 |
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Currency:
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US dollar (USD) |
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Currency code:
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USD |
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Exchange rates:
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the US dollar is used |
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Fiscal year:
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1 October - 30 September |