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EconomyEconomy - overview
The Holy See is supported financially by a variety of sources, including investments, real estate income, and donations from Catholic individuals, dioceses, and institutions; these help fund the Roman Curia (Vatican bureaucracy), diplomatic missions, and media outlets. The separate Vatican City State budget includes the Vatican museums and post office and is supported financially by the sale of stamps, coins, medals, and tourist mementos; by fees for admission to museums; and by publications sales. Moreover, an annual collection taken up in dioceses and direct donations go to a non-budgetary fund known as Peter's Pence, which is used directly by the Pope for charity, disaster relief, and aid to churches in developing nations. 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; nearly all dignitaries, priests, nuns, guards, and the approximately 3,000 lay workers live outside the Vatican Population below poverty line
NA%
Budget
Revenues $326 million
Expenditures $313 million (2010) Industries
Printing; production of coins, medals, postage stamps; 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; a small portion of electricity is self-produced from solar panels Exchange rates
Euros (EUR) per US dollar -
0.7194 (2011 est.) 0.755 (2010 est.) 0.7198 (2009 est.) 0.6827 (2008 est.) 0.7345 (2007 est.) Fiscal year
Calendar year
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