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reflected in less vigorous growth in the tourism sector. About 60% of the labor force works for the private sector and the rest for government. Most food and industrial goods are imported, with about 75% from the US. Guam faces the problem of building up the civilian economic sector to offset the impact of military downsizing. GDP: purchasing power parity - $2 billion (1991 est.) GDP real growth rate: NA% GDP per capita: $14,000 (1991 est.) GDP composition by sector: agriculture: NA% industry: NA% services: NA% Inflation rate (consumer prices): 4% (1992 est.) Labor force: 46,930 (1990) by occupation: federal and territorial government 40%, private 60% (trade 18%, services 15.6%, construction 13.8%, other 12.6%) (1990) Unemployment rate: 2% (1992 est.) Budget: revenues: $525 million expenditures: $395 million, including capital expenditures of $NA (1991) Industries: US military, tourism, construction, transshipment services, concrete products, printing and publishing, food processing, textiles Industrial production growth rate: NA% Electricity: capacity: 300,000 kW production: 750 million kWh consumption per capita: 4,797 kWh (1993) Agriculture: fruits, copra, vegetables; eggs, pork, poultry, beef Exports: $34 million (f.o.b., 1984) commodities: mostly transshipments of refined petroleum products, construction materials, fish, food and beverage products partners: US 25%, Trust Territory of the Pacific Islands 63%, other 12% Imports: $493 million (c.i.f., 1984) commodities: petroleum and petroleum products, food, manufactured goods partners: US 23%, Japan 19%, other 58% External debt: $NA Economic aid: recipient: although Guam receives no foreign aid, it does receive large transfer payments from the general revenues of the US Federal Treasury into which Guamanians pay no income or excise taxes; under the provisions of a special law of Congress, the Guamanian Treasury, rather than the US Treasury, receives federal income taxes paid by military and civilian Federal employees stationed in Guam Currency: 1 United States dollar (US$) = 100 cents Exchange rates: US currency is used Fiscal year: 1 October - 30 September Transportation -------------- Railways: 0 km Highways: total: 674 km (all-weather roads) paved: NA km unpaved: NA km Ports: Apra Harbor Merchant marine: none Airports:
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