Guam’s ocean economy employs up to 21,000 people annually—about one-third of the total economy. Annual gross domestic product is about $5.7 billion.
Of the six main sectors of Guam’s ocean economy, tourism and recreation is by far the leading employer, at about 88 percent of total ocean employment.
One weather disaster affected Guam in 2018—and a total of three affected the territory between 2010 and 2018.
Guam’s coral reefs provide almost $17 million in protection to buildings and the local economy every year.**