Economy - overview:
The Holy See is supported financially by a variety of sources, including investments, real estate income, and donations from Catholic individuals, dioceses, and institutions; these help fund the Roman Curia (Vatican bureaucracy), diplomatic missions, and media outlets. The separate Vatican City State budget includes the Vatican museums and post office and is supported financially by the sale of stamps, coins, medals, and tourist mementos; by fees for admission to museums; and by publications sales. Moreover, an annual collection taken up in dioceses and direct donations go to a non-budgetary fund known as Peter's Pence, which is used directly by the Pope for charity, disaster relief, and aid to churches in developing nations. 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
[see also: GDP (purchasing power parity) country ranks ]
Labor force:
NA
[see also: Labor force country ranks ]
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:
NA%
[see also: Population below poverty line country ranks ]
Budget:
revenues: $355.5 million
[see also: Budget - revenues country ranks ]
expenditures:
$356.8 million (2008)
[see also: Budget - expenditures country ranks ]
Industries:
printing; production of coins, medals, postage stamps; mosaics and staff uniforms; worldwide banking and financial activities
Electricity - production:
NA kWh
[see also: Electricity - production country ranks ]
Electricity - consumption:
NA kWh
[see also: Electricity - consumption country ranks ]
Electricity - imports:
NA kWh; note - electricity supplied by Italy; a small portion of electricity is self-produced from solar panels
[see also: Electricity - imports country ranks ]
Exchange rates:
euros (EUR) per US dollar - 0.7715 (2010), 0.7179 (2009), 0.6827 (2008), 0.7345 (2007), 0.7964 (2006)
