https://www.confiduss.com/en/jurisdictions/guam/economy/

Economy of Guam
Guam is considered a developed nation. A nation's stage of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. As a developed nation, Guam is able to offer its citizens social services such as public education, health care, and law enforcement. Citizens of developed countries enjoy a high standard of living and longer life expectancies than citizens of developing countries. Guam exports about US$0.04 billion and imports about US$0.9 billion each year. 4.5% of the country's population is unemployed. The total number of unemployed in Guam is 7,457. In Guam, 23% of the population lives below the poverty line. The percentage of citizens living below the poverty line in Guam is quite high, but not a cause for great concern in terms of investment. Potential lenders should look at other economic indicators, including GDP, the rate of urbanization and the strength of the currency, before making investment decisions. The country's Gini index is 40.8. Guam experiences poor equality. The gap between the richest and poorest citizens in this country is quite palpable.

currency
The currency of Guam is the US dollar. The US Dollar is one of the major currencies in the world and is used in several territories besides the United States, including Puerto Rico, Guam and the US Virgin Islands. The US dollar is a stable currency that can be relied upon for investment opportunities. The plural form of the word US dollar is dollars. The symbol used for this currency is $ and is abbreviated to USD. The US dollar is divided into cents; there are 100 in a dollar.

Credit rating
Creditworthiness is the degree to which international investors trust a country to pay off debt and honor the country's lending commitments. No information is available about Guam's creditworthiness.

Central bank
In Guam, the institution that manages the state's currency, money supply, and interest rates is called the Federal Reserve Bank.

National debt
Guam has a national debt equal to 51% of the country's gross domestic product (GDP) as estimated in 2012.

Control information
Corporate income tax in Guam is 35%. The sales tax in Guam is 0% and is known as sales tax.

Finances
Total Gross Domestic Product (GDP) measured at Purchasing Power Parity (PPP) in Guam is US$4.6 billion. Guam's gross domestic product (GDP) calculated as purchasing power parity (PPP) per capita was last seen at $0 million. PPP in Guam is considered below average compared to other countries. Below-average PPPs indicate that citizens in this country find it difficult to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with below-average purchasing power parities are dangerous locations for investments. The total gross domestic product (GDP) in Guam is 3 billion. Based on this statistic, Guam is considered to be a small economy. Countries with small economies generally support fewer industries and investment opportunities. However, worthwhile investment opportunities can be found. The gross domestic product (GDP) per capita in Guam was last recorded at US$0 million. The average citizen of Guam has very little wealth.