Holy See (Vatican City) Economy - 2023

Economic overview

limited, tourism-based economy; euro user but issues commemorative stamps and coins; solar energy producer; some printing industry to support museums and religious needs

Real GDP (purchasing power parity)

N/A

Industries

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

Labor force

4,822 (2016)

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

Population below poverty line

N/A

Budget

revenues: $315 million (2013)

expenditures: $348 million (2013)

Budget surplus (+) or deficit (-)

N/A

Taxes and other revenues

N/A

Fiscal year

calendar year

Exchange rates

euros (EUR) per US dollar -

0.885 (2017 est.)

0.903 (2016 est.)

0.9214 (2015 est.)

0.885 (2014 est.)

0.7634 (2013 est.)

NOTE: The information regarding Holy See (Vatican City) on this page is re-published from the 2023 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Holy See (Vatican City) 2023 information contained here. All suggestions for corrections of any errors about Holy See (Vatican City) 2023 should be addressed to the CIA or the source cited on each page.