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Holy See (Vatican City) Economy 2007
https://allcountries.org/wfb2007/holy_see/holy_see_economy.html
SOURCE: 2007 CIA WORLD FACTBOOK

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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

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

Population below poverty line:
NA%

Budget:
revenues: $247 million
expenditures: $243 million (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

Currency (code):
euro (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


NOTE: The information regarding Holy See (Vatican City) on this page is re-published from the 2007 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Holy See (Vatican City) Economy 2007 information contained here. All suggestions for corrections of any errors about Holy See (Vatican City) Economy 2007 should be addressed to the CIA.



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This page was last modified 06-Sep-09
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