Guam is an unincorporated territory of the United States located in the western Pacific Ocean. It is the largest and southernmost of the Mariana Islands and is the westernmost territory of the U.S. The island is strategically located in the Pacific and is home to a U.S. military base. The official languages are English and Chamorro, and the currency is the U.S. dollar. The island's economy is primarily based on tourism, the military, and government services. The population is a mix of Chamorro, Filipino, and other Pacific Islander descent. Guam has a tropical climate with a rainy season and a dry season. Guam is known for its beaches, snorkeling, and diving, as well as its rich history and culture.
The economy of Guam is primarily based on tourism, the military, and government services. The island is a popular tourist destination, known for its beautiful beaches, snorkeling, and diving opportunities. The tourism industry is the largest sector of the island's economy and is a significant source of employment and revenue.
The U.S. military also plays a significant role in the economy of Guam. The island is home to several military bases, including Andersen Air Force Base and Naval Base Guam, which provide jobs and economic activity. The military is also a major consumer of goods and services on the island.
The government of Guam is also a major employer and provides services such as education and healthcare to the population. The public sector accounts for a significant portion of the island's GDP and employment.
Guam's economy has been facing challenges in recent years, such as high unemployment and a large public debt. The island's economy is heavily dependent on the U.S. government and the military, which can make it vulnerable to changes in federal spending. The government of Guam has been working to diversify the economy by promoting other industries such as agriculture and renewable energy.
