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    Holy See (Vatican City) Index


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    Holy See (Vatican City) Economy - 2004
    https://immigration-usa.com/wfb2004/holy_see_/holy_see__economy.html
    SOURCE: 2004 CIA WORLD FACTBOOK

      Economy - overview:
      This unique, noncommercial economy is supported financially by an annual contribution from Roman Catholic dioceses throughout the world, as well as by special collections (known as Peter's Pence); the sale of postage stamps, coins, medals, and tourist mementos; fees for admission to museums; and 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.

      Population below poverty line:
      NA%

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

      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

      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

      Electricity - production:
      NA kWh

      Electricity - consumption:
      NA kWh

      Electricity - exports:
      0 kWh

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

      Economic aid - recipient:
      none

      Currency:
      euro (EUR)

      Currency code:
      EUR

      Exchange rates:
      euros per US dollar - 0.886 (2003),1.1324 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999)

      Fiscal year:
      calendar year


      NOTE: The information regarding Holy See (Vatican City) on this page is re-published from the 2004 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Holy See (Vatican City) Economy 2004 information contained here. All suggestions for corrections of any errors about Holy See (Vatican City) Economy 2004 should be addressed to the CIA.

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    https://immigration-usa.com/wfb2004/holy_see_/holy_see__economy.html

    Revised 21-May-04
    Copyright © 2004 Photius Coutsoukis (all rights reserved)


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