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    Holy See (Vatican City) Economy 1995
    https://theodora.com/wfb/1995/holy_see_vatican_city/holy_see_vatican_city_economy.html
    SOURCE: 1995 CIA WORLD FACTBOOK

      Overview: This unique, noncommercial economy is supported financially by contributions (known as Peter's Pence) from Roman Catholics throughout the world, the sale of postage stamps and tourist mementos, fees for admission to museums, and the sale of publications. The incomes and living standards of lay workers are comparable to, or somewhat better than, those of counterparts who work in the city of Rome.

      Budget:
      revenues: $86 million
      expenditures: $178 million, including capital expenditures of $NA (1993 est.)

      Electricity:
      capacity: 5,000 kW standby
      production: power supplied by Italy
      consumption per capita: NA (1992)

      Industries: printing and production of a small amount of mosaics and staff uniforms; worldwide banking and financial activities

      Currency: 1 Vatican lira (VLit) = 100 centesimi
      Exchange rates: Vatican lire (VLit) per US$1 - 1,700.2 (January 1994), 1,573.7 (1993), 1,232.4 (1992), 1,240.6 (1991), 1,198.1 (1990), 1,372.1 (1989); note - the Vatican lira is at par with the Italian lira which circulates freely

      Fiscal year: calendar year

      NOTE: The information regarding Holy See (Vatican City) on this page is re-published from the 1995 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Holy See (Vatican City) Economy 1995 information contained here. All suggestions for corrections of any errors about Holy See (Vatican City) Economy 1995 should be addressed to the CIA.

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    https://theodora.com/wfb/1995/holy_see_vatican_city/holy_see_vatican_city_economy.html

    Revised 09-Aug-02
    Copyright © 2002 Photius Coutsoukis (all rights reserved)


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