December 30, 2017
Hagåtña — In 2010, Guam’s Gross Domestic Product was $4.9 billion. In 2016, the GDP was $5.8 billion.
Unemployment rate dropped to 4% in March 2016 from the 13.3% in March 2011.
The Bureau of Statistics and Plans has published the 2016 Statistical Yearbook. It includes important historical and economic, social and physical data that policy makers, researchers, planners, developers, investors and many others will find useful when creating or improving policies, programs and services to our island community.
“The Bureau of Statistics and Plans Plans is committed to providing our community, stakeholders and outside interests valuable, timely and relevant statistical indices to make sound decisions to improve Guam’s economic viability,” said BSP Director Carl Dominguez.
Dominguez thanked local and federal government agencies and private organizations that contributed to the publication.
Governor Calvo and Lt. Governor Ray Tenorio thanked BSP and its partners for pulling the information together for this year’s iteration of the annual publication.
The publication allows us to track our progress so adjustments can be made.
Governor Calvo stated: “For Guam, this data is particularly important to growing an economy and programs that accommodate the consequences of unfunded federal mandates and federal policies that we have no hand in creating.”
Lt. Governor Ray Tenorio stated: “It’s always important to be able to reflect on where we were at so we know whether we need to keep doing what we’re doing, make adjustments or scrap it altogether and try a new approach.”
You can view the Statistical Yearbook at http://bsp.guam.gov/wp-bsp-