Holy See (Vatican City)'s Economy | none Economy

Economy - overview: 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.

GDP:

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Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA%

Distribution of family income - Gini index:

Inflation rate (consumer prices):

Labor force: NA

Labor force - by occupation: essentially services with a small amount of industry; note - dignitaries, priests, nuns, guards, and 3,000 lay workers live outside the Vatican

Unemployment rate:

Budget: revenues: $245.2 million expenditures: $260.4 million, including capital expenditures of NA (2002)

Industries: printing; production of coins, medals, postage stamps; a small amount of mosaics and staff uniforms; worldwide banking and financial activities

Industrial production growth rate:

Electricity - production: NA kWh

Electricity - production by source:

Electricity - consumption: NA kWh

Electricity - exports: 0 kWh

Electricity - imports: NA kWh; note - electricity supplied by Italy

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Debt - external:

Economic aid - recipient: none

Currency:

Currency code:

Exchange rates: euros per US dollar - 0.8054 (2004), 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000)

Fiscal year: calendar year



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