Summary Economic Indicators

EmploymentMar
2018
Mar
2019
Mar
2020
Mar
2021
Mar
2022
Percent
Change
from 2021
Percent
Change
from 2018
Private49,20050,50051,60045,01046,3503.0%-5.8%
  Construction5,8006,2007,8508,5909,70012.9%67.2%
Federal Government3,8603,8603,8903,9203,9200.0%1.6%
Government of Guam11,82011,55012,24011,75012,0102.2%1.6%
Total Employment64,88065,91067,73060,68062,2802.6%-4.0%

Weekly
Earnings
Mar
2018
Mar
2019
Mar
2020
Mar
2021
Mar
2022
Percent Change
from 2021
Percent Change
from 2018
Private (Nonsupervisory)$496.28$525.12$519.29$554.28$617.2811.4%24.4%
GovGuam (All Branches)$1,002.62$1,024.71$1,002.80$1,119.47$1,001.99-10.5%-0.1%

Unemployment
Rate
Mar
2018
Mar
2019
Dec
2019
Mar
2021
Mar
2022
Change
from
2021
Change
from 2018
4.4%4.3%6.1%16.5%5.1%-11.40.7

Gross
Domestic
Product
20172018201920202021Percent Change
from 2020
Percent Change
from 2017
GDP
(millions of dollars)
6,0136,0566,3665,8866,1234.0%1.8%
Real GDP
(millions of chained 2012 dollars)
5,5545,5105,6535,0095,0621.1%-8.9%
Population162,500162,900163,200N/AN/AN/AN/A
Real GDP per capita
(chained 2012 dollars)
34,17833,78834,393N/AN/AN/AN/A

Construction
(Thousands of Dollars)
FY
2018
FY
2019
FY
2020
FY
2021
FY
2022
Percent
Change
from 2021
Percent
Change
from 2018
Building Permits365,589361,574379,612307,928580,04088.4%58.7%
DOD Construction Contracts**294,999427,229110,471473,159799,91769.1%171.2%
Total660,588788,803490,083781,0871,379,95776.7%108.9%

TourismFY
2018
FY
2019
FY
2020
FY
2021
FY
2022
Percent Change
from 2021
Percent Change
from 2018
Total Visitors1,525,2191,631,049757,38561,607216,915252.1%-85.8%
Occupancy Tax Collected$42,871,223$45,061,822$28,390,797$13,002,438$16,778,55929.0%-60.9%

Federal
Expenditures/
Obligations
(Millions of Dollars)
Source:
USAspending.gov
FY
2018
FY
2019
FY
2020
FY
2021
FY
2022
Percent
Change
from 2021
Percent
Change
from 2018
Department
of
Defense
882.651,030.001,260.002,090.001,430.00-31.6%62.0%
Non-
Defense/
Other
778.54885.381,923.583,125.061,208.21-61.3%55.2%
Total
Amount
Awarded
1,661.191,915.383,183.585,215.062,638.21-49.4%58.8%

**DOD construction contract awards for projects $5 million and above.

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