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World > Europe > Holy See (Vatican City) > Economy (Facts)

Holy See (Vatican City) - Economy (Facts)
Economy - overview: This unique, noncommercial economy is supported financially by an annual contribution (known as Peter's Pence) from Roman Catholic dioceses throughout the world; 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.
GDP (purchasing power parity): NA
Population below poverty line: NA
Labor force: NA
Labor force - by occupation: note: essentially services with a small amount of industry; dignitaries, priests, nuns, guards, and 3,000 lay workers live outside the Vatican
Budget: revenues: $247 million
expenditures: $243 million; including capital expenditures of NA (2005)
Industries: printing; production of coins, medals, postage stamps; a small amount of mosaics and staff uniforms; worldwide banking and financial activities
Electricity - production: NA kWh
Electricity - consumption: NA kWh
Electricity - imports: NA kWh; note - electricity supplied by Italy
Economic aid - recipient: $0
Currency: Euro (EUR)

Current Euro Exchange Rates
Historical Euro Exchange Rates
Chart Euro Exchange Rates
Currency code: EUR
Exchange rates: euros per US dollar - 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002)
Fiscal year: calendar year


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