Support our Sponsor

. . Flags of the World Maps of All Countries

  • |Main Index|
  • 1989 INDEX
  • Country Ranks
  • Home PageCountry Index

    Vatican City Economy - 1989

      Overview: The economy is supported financially by contributions (known as Peter's pence) from Roman Catholics throughout the world, the sale of postage stamps, tourist mementos, fees for admission to museums, and the sale of publications.

      Budget: revenues $57 million; expenditures $113.7 million, including capital expenditures of $NA (1986)

      Electricity: 3,000 kW standby capacity (1988); power supplied by Italy

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

      Currency: Vatican lira (plural--lire); 1 Vatican lira (VLit) = 100 centesimi

      Exchange rates: Vatican lire (VLit) per US$1--1,344.2 (January 1989), 1,301.6 (1988), 1,296.1 (1987), 1,490.8 (1986), 1,909.4 (1985); the Vatican lira is at par with the Italian lira which circulates freely

      Fiscal year: calendar year

      NOTE: The information regarding Vatican City on this page is re-published from the 1989 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Vatican City Economy 1989 information contained here. All suggestions for corrections of any errors about Vatican City Economy 1989 should be addressed to the CIA.

    Support Our Sponsor

    Support Our Sponsor

    Please ADD this page to your FAVORITES - - - - -

    Revised 15-Apr-03
    Copyright © 2003 Photius Coutsoukis (all rights reserved)