ch: unicameral
Legislature: elections last held 8 November 1994 (next to be held NA
November 1996); results - percent of vote by party NA; seats - (21
total) Democrats 14, Republican 7
US House of Representatives: elections last held 8 November 1994 (next
to be held NA November 1996); Guam elects one delegate; results -
Robert UNDERWOOD was reelected as delegate; seats - (1 total) Democrat
1

Judicial branch: Federal District Court, Territorial Superior Court

Political parties and leaders: Democratic Party (controls the
legislature); Republican Party (party of the Governor)

Member of: ESCAP (associate), INTERPOL (subbureau), IOC, SPC

Diplomatic representation in US: none (territory of the US)

US diplomatic representation: none (territory of the US)

Flag: 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

@Guam:Economy

Overview: The economy depends mainly on US military spending and on
revenues from tourism. Over the past 20 years the tourist industry has
grown rapidly, creating a construction boom for new hotels and the
expansion of older ones. Visitors numbered about 900,000 in 1992. The
slowdown in Japanese economic growth has been 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.

National product: GDP - purchasing power parity - $2 billion (1991
est.)

National product real growth rate: NA%

National product per capita: $14,000 (1991 est.)

Inflation rate (consumer prices): 4% (1992 est.)

Unemployment rate: 2% (1992 est.)

Budget:
revenues: $525 million
expenditures: $395 million, including capital expenditures of $NA
(1991)

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,