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Guam — GDP growth

Also known as economic growth rate, GDP growth rate, annual growth of the economy, growth rate.

GDP Growth (Annual %) for Guam, 2003–2022.

Latest value · 2022
5.10%
GDP Growth (Annual %) · annual % · +480.0% since 2003
Free for any use — attribution is the link itself.

GDP growth for Guam was 5.10% in 2022, according to the latest World Bank data. The series covers 20 years, from 2003 to 2022. The highest recorded value was 6.49% in 2004. The lowest was -10.52% in 2020 (about -2.1× the latest value). Across that span the compound annual growth rate works out to 9.69% per year.

Guam ranks 49 of 212 economies on this measure (1 = highest), putting it in the top 23%. The median for East Asia & Pacific is 3.62%, so Guam sits above it. It peaked in 2004 and has fallen 21% since. Over the last decade (2012–2022) the figure moved up 139%. Within East Asia & Pacific it ranks 10 of 36 economies; Singapore (5.03%) is just below it. Its sharpest one-year move was up 2648% in 2012. That is 859% above this series' own ten-year average.

Data highlights

From its 2003 level: doubled by 2004. Doubling roughly every 7.5 years at that pace.

World ranking. Climbed: 167th of 204 in 2003 → 139th of 209 in 2010 → 175th of 209 in 2020 → 87th of 209 in 2022.

Adjacent in the latest world ranking (49 of 212): Indonesia (#48) · Curacao (#50).

Key figures

Latest (2022)
5.10%
First (2003)
0.88%
Change
+480.0%
Highest
6.49%
in 2004
Lowest
-10.52%
in 2020
Average
0.94%
Annual growth (CAGR)
9.69%
Years of data
20

Recent published years. 2022 — 5.1% · 2021 — 2.06% · 2020 — -10.52% · 2019 — 2.52% · 2018 — -0.83%.

Full history — 2003 to 2022

All 20 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Guam — GDP growth
Yearannual %Change
20225.1%+3.0 pp
20212.06%+12.6 pp
2020-10.52%-13.0 pp
20192.52%+3.4 pp
2018-0.83%-1.7 pp
20170.89%+0.7 pp
20160.18%-0.6 pp
20150.83%-1.0 pp
20141.79%+0.1 pp
20131.69%-0.4 pp
20122.13%+2.1 pp
20110.08%-2.2 pp
20102.26%+1.8 pp
20090.44%-1.6 pp
20082.03%+1.3 pp
20070.72%+4.4 pp
2006-3.65%-7.3 pp
20053.64%-2.9 pp
20046.49%+5.6 pp
20030.88%—
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Frequently asked questions

What was Guam’s GDP growth in 2004?

6.49% (2004). The full year-by-year table above lists every published year, most recent first.

Are changes in this series measured in percentage points?

Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.

Is Guam’s GDP growth growing or shrinking?

Between 2003 and 2022 the series was growing overall: +480.0% in total — about 9.7% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2022: 5.1%; 2021: 2.06%; 2020: -10.52%; 2019: 2.52%; 2018: -0.83%. Earlier years are in the full-history table below.

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<iframe src="https://metrikatlas.com/embed/guam/gdp-growth/" width="600" height="360" style="border:0" loading="lazy" title="Guam — GDP growth"></iframe>Free to use with attribution — the link back is the attribution.
Source. World Bank Open Data, indicator NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.
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