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    Holy See (Vatican City) Index 2005

    Holy See (Vatican City) Main Index


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    Holy See (Vatican City) Economy - 2005
    https://allcountries.org/wfb2005/holy_see/holy_see_economy.html
    SOURCE: 2005 CIA WORLD FACTBOOK

      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.

      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

      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)

      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 (code):
      euro (EUR)

      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


      NOTE: The information regarding Holy See (Vatican City) on this page is re-published from the 2005 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Holy See (Vatican City) Economy 2005 information contained here. All suggestions for corrections of any errors about Holy See (Vatican City) Economy 2005 should be addressed to the CIA.







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    https://allcountries.org/wfb2005/holy_see/holy_see_economy.html

    Revised 16-Feb-06
    Copyright © 2005 Photius Coutsoukis (all rights reserved)


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