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    Vatican City Economy - 1990
    https://theodora.com/wfb1990/vatican_city/vatican_city_economy.html
    SOURCE: 1990 CIA WORLD FACTBOOK

      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: 5,000 kW standby capacity (1989); 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--1,262.5 (January 1990), 1,372.1 (1989), 1,301.6 (1988), 1,296.1 (1987), 1,490.8 (1986), 1,909.4 (1985); note--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 1990 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Vatican City Economy 1990 information contained here. All suggestions for corrections of any errors about Vatican City Economy 1990 should be addressed to the CIA.

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    https://theodora.com/wfb1990/vatican_city/vatican_city_economy.html

    Revised 07-Feb-03
    Copyright © 2003 Photius Coutsoukis (all rights reserved)


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