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Holy See (Vatican City)

Holy See (Vatican City) Economy Stats

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.

Definitions

  • Budget > Expenditures: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
  • Budget > Revenues: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
  • Budget > Revenues > Per capita: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per capita figures expressed per 1 population.
  • Currency: The national medium of exchange and its basic sub-unit.
  • Exchange rates: The official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat.
  • Fiscal year: The beginning and ending months for a country's accounting period of 12 months, which often is the calendar year but which may begin in any month. All yearly references are for the calendar year (CY) unless indicated as a noncalendar fiscal year (FY).
  • Industries: A rank ordering of industries starting with the largest by value of annual output.
  • Labor force: This entry contains the total labor force figure.
STAT AMOUNT DATE RANK HISTORY
Budget > Expenditures $326.40 million 2011 20th out of 23
Budget > Revenues $308.00 million 2013 191st out of 223
Budget > Revenues > Per capita $431,432.04 per capita 2008 1st out of 9
Currency euro 2008
Exchange rates euros (EUR) per US dollar -
0.78 (2012 est.)
0.72 (2011 est.)
0.76 (2010 est.)
0.72 (2009 est.)
0.68 (2008 est.)
2013
Fiscal year calendar year 2013
Industries printing; production of coins, medals, postage stamps; mosaics and staff uniforms; worldwide banking and financial activities 2013
Labor force 2 2013 206th out of 230

SOURCES: CIA World Factbooks 18 December 2003 to 28 March 2011; All CIA World Factbooks 18 December 2003 to 18 December 2008; CIA World Factbooks 2010, 2011, 2012, 2013

Citation

"Holy See (Vatican City) Economy Stats", NationMaster. Retrieved from http://www.nationmaster.com/country-info/profiles/Holy-See-(Vatican-City)/Economy

Holy See (Vatican City) Economy Profiles (Subcategories)

Budget 4 Trade 84
Government 5

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