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Edward Snowden, 29, is described by the paper as an ex-CIA technical assistant, currently employed by defence contractor Booz Allen Hamilton.
The Guardian said his identity was being revealed at his own request.
The recent revelations are that US agencies gathered millions of phone records and monitored internet data.
A spokesman for the Office of the Director of National Intelligence said the matter had now been referred to the Department of Justice as a criminal matter.
The Guardian quotes Mr Snowden as saying he flew to Hong Kong on 20 May, where he holed himself up in a hotel

He told the paper that the extent of US surveillance was "horrifying", adding: "We can plant bugs in machines. Once you go on the network, I can identify your machine. You will never be safe whatever protections you put in place."

He added: "I don't want to live in a society that does these sort of things… I do not want to live in a world where everything I do and say is recorded."
Mr Snowden said he did not believe he had committed a crime: "We have seen enough criminality on the part of government. It is hypocritical to make this allegation against me."
Asked what he thought would happen to him, he replied: "Nothing good."
Mr Snowden said he accepted he could end up in jail. "If they want to get you, over time they will," he said.
He said he also feared the US authorities would "act aggressively against anyone who has known me. That keeps me up at night".
Mr Snowden said he had gone to Hong Kong because of its "strong tradition of free speech".
Hong Kong signed an extradition treaty with the US shortly before the territory returned to Chinese sovereignty in 1997.
However, Beijing can block any extradition if it believes it affects national defence or foreign policy issues.