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Holy See (Vatican City) Economy 2009
http://www.theodora.com/wfbcurrent/holy_see/holy_see_economy.html
SOURCE: 2009 CIA WORLD FACTBOOK
 


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Economy - overview:
This unique, noncommercial economy is supported financially by an annual contribution (known as Peter's 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; nearly all dignitaries, priests, nuns, guards, and the approximately 3,000 lay workers live outside the Vatican

Budget:
revenues: $310 million
expenditures: $307 million (2006)

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; a small portion of electricity is self-produced from solar panels

Exchange rates:
euros (EUR) per US dollar - 0.6827 (2008 est.), 0.7345 (2007), 0.7964 (2006), 0.8041 (2005), 0.8054 (2004)


NOTE: The information regarding Holy See (Vatican City) on this page is re-published from the 2009 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Holy See (Vatican City) Economy 2009 information contained here. All suggestions for corrections of any errors about Holy See (Vatican City) Economy 2009 should be addressed to the CIA.



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This page was last modified 11-Jun-09
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