Vatican City Economy - 1986

GEOGRAPHICAL NAMES 

The Vatican City, seat of the Holy See, is supported financially by contributions (known as Peter’s pence) from Roman Catholics throughout the world; some income derived from sale of Vatican postage stamps and tourist mementos, fees for admission to Vatican museums, and sale of publications; industrial activity consists solely of printing and production of a small amount of mosaics and staff uniforms; the banking and financial

Vatican City

activities ot the Vatican are worldwide, the Institute for Religious Works (.1OR) carries out fiscal operations and invests and transfers funds of Roman Catholic religious communities throughout the world; the administration of the Patrimony of the Holy See manages the Holy See’s capital assets; the Vatican announced an operating deficit of $25 million for 1981

Electric power: 3,000 kW (standby) capacity (1985); power supplied by Italy

Monetary conversion rate: the V atican issues its ow n coinage, which is interchangeable with the Italian lira 1,785.4 lira=US$ 1 (February 1984)

NOTE: The information regarding Vatican City on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Vatican City 1986 information contained here. All suggestions for corrections of any errors about Vatican City 1986 should be addressed to the CIA or the source cited on each page.