Economy of Vatican City

Not to be confused with Prefecture for the Economic Affairs of the Holy See or Institute for the Works of Religion.

Economy of Vatican City

Currency	Euro (EUR)
Fiscal year	Calendar year
Statistics
GDP	n/av
Labour force	2,832 (December 2011)
Labour 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
Main industries	printing, production of coins, medals, postage stamps, mosaics and staff uniforms and financial services
Public finances
Revenues	$308 million (2011)
Expenses	$326.4 million (2011)
Economic aid	Peter's Pence
Main data source: CIA World Fact Book All values, unless otherwise stated, are in US dollars.

A souvenir shop on the roof of St. Peter's Basilica

An ATM in Vatican City with Latin instructions

The unique, noncommercial economy of Vatican City is supported financially by contributions (known as Peter's Pence) from Roman Catholics throughout the world, the sale of postage stamps and tourist mementos, fees for admission to museums, and the sale of publications.

Key statistics

Budget:

• revenues: $455.5 million (2008)
• expenditures: $356.8 million (2008)

Industries: printing and production of a small amount of mosaics and staff uniforms; worldwide banking and financial activities

Electricity – production: 442 MWh (2010) from solar panels.

Electricity – imports: Electricity supplied by Italy.

Currency: Euro (since 2002). Vatican City depends on Italy for practical production of banknotes, stamps and other valuable titles. Owing to their rarity, Vatican euro coins are highly sought by collectors.

Fiscal year: Calendar year

See also

• Index of Vatican City-related articles

References

•  This article incorporates public domain material from the CIA World Factbook document "2010 edition".