Holy See (Vatican City) Economy:
This unique, noncommercial economy is supported financially by an annual contribution from Roman Catholic dioceses throughout the world (known as Peter's Pence); by the sale of postage stamps, coins, medals, and tourist mementos; by fees for admission to museums; and by the sale of publications. Investments and real estate income also account for a sizable portion of revenue. The incomes and living standards of lay workers are comparable to those of counterparts who work in the city of Rome.
Labor force:
NA
Labor force — by occupation:
NA
note: Dignitaries, priests, nuns, guards, and 3,000 lay workers live outside the Vatican
Population below poverty line:
NA
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Budget:
revenues: $245.2 million
expenditures: $260.4 million including capital expenditures of NA (2002 est.)
Industries:
printing; production of coins, medals, postage stamps; a small amount of mosaics and staff uniforms; worldwide banking and financial activities
Electricity — production:
NA
Electricity — consumption:
NA
Electricity — exports:
0 kWh
Electricity — imports:
NA
note: Electricity supplied by Italy
Economic aid — recipient:
$none
Currency:
euro (EUR)
Exchange rates:
euros per US$: 0.81 (2004 est.), 0.89 (2003 est.), 1.06 (2002 est.), 1.12 (2001 est.), 1.09 (2000 est.)
Fiscal year:
calendar year
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