Holy See (Vatican City)

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Introduction - Holy See (Vatican City):
Location - Holy See (Vatican City):
People - Holy See (Vatican City):
Government - Holy See (Vatican City):
Economy - Holy See (Vatican City):

Economy overview

This unique, noncommercial economy is supported financially by an annual contribution (known as Peters Pence) from Roman Catholic dioceses throughout the world; by the sale of postage stamps, coins, medals, and tourist mementos; by fees for admission to museums; and by the sale of publications. Investments and real estate income also account for a sizable portion of revenue. The incomes and living standards of lay workers are comparable to those of counterparts who work in the city of Rome.

Gdp purchasing power parity

$NA

Labor force

NA

Labor force by occupation

note: essentially services with a small amount of industry; dignitaries, priests, nuns, guards, and 3,000 lay workers live outside the Vatican

Population below poverty line

NA%

Budget

revenues: $247 million
expenditures: $243 million; including capital expenditures of $NA (2005)

Industries

printing; production of coins, medals, postage stamps; a small amount of mosaics and staff uniforms; worldwide banking and financial activities

Electricity production

NA kWh

Electricity consumption

NA kWh

Electricity imports

NA kWh; note - electricity supplied by Italy

Economic aid recipient

$0

Currency code

euro (EUR)

Exchange rates

euros per US dollar - 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002)

Communications - Holy See (Vatican City):
Transportation - Holy See (Vatican City):
Military - Holy See (Vatican City):
This page was last updated on 16 September, 2007
Source: CIA >>>


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Photo: Holy See (Vatican City)
Holy See (Vatican City)



Photo: Holy See (Vatican City)
Holy See (Vatican City)



Photo: Holy See (Vatican City)
Holy See (Vatican City)



Photo: Holy See (Vatican City)
Holy See (Vatican City)



Photo: Holy See (Vatican City)
Holy See (Vatican City)



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