eys of Saint Peter and the papal miter
centered in the white band
Holy See (Vatican City) Economy
Economy - overview: This unique, noncommercial economy 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. The incomes and living standards of lay workers are
comparable to, or somewhat better than, those of counterparts who
work in the city of Rome.
Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%
Labor force: NA
Labor force - by occupation: agriculture NA%, industry NA%, services
NA%; note - dignitaries, priests, nuns, guards, and 3,000 lay
workers live outside the Vatican
Budget: revenues: $209.6 million
expenditures: $198.5 million, including capital expenditures of $NA
(1997)
Industries: printing and production of a small amount of mosaics and
staff uniforms; worldwide banking and financial activities
Electricity - production by source: fossil fuel: NA%
hydro: NA%
nuclear: NA%
other: NA%
Electricity - consumption: NA kWh
Electricity - imports: NA kWh; note - electricity supplied by Italy
Economic aid - recipient: none
Currency: Italian lira (ITL); euro (EUR)
Currency code: ITL; EUR
Exchange rates: euros per US dollar - 1.0659 (January 2001), 1.0854
(2000), 0.9386 (1999); Vatican lire per US dollar - 2,099 (2000),
1817.2 (1999), 1,736.2 (1998), 1,703.1 (1997), 1,542.9 (1996); note
- the Vatican lira is at par with the Italian lira; the Vatican will
start using euros in 2002 in conjunction with Italy at a fixed rate
of 1,936.17 lire per euro
Fiscal year: calendar year
Holy See (Vatican City) Communications
Telephones - main lines in use: NA
Telephones - mobile cellular: NA
Telephone system: general assessment: automatic exchange
domestic: tied into Italian system
international: uses Italian system
Radio broadcast stations: AM 3, FM 4, shortwave 2 (1998)
Radios: NA
Television broadcast stations: 1 (1996)
Televisions: NA
Internet country code: .va
Internet Service Providers (ISPs): 93 (Holy See and Italy) (2000)
Internet users: NA
Holy See (Vatican City) Transportation
Railways: total: 862 m; note - a spur of the Italian Railways
system, serving Rome's Saint Peter's st
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