Economy Overview: This unique non-profit economy is financially supported by donations (known as “donations to St. Peter”) from Catholics around the world, income from the sale of postage stamps and souvenirs for tourists, museum fees and the sale of printed publications. The income and subsistence level of ordinary workers are comparable or slightly higher than those of those who work in Rome. See topb2bwebsites.com to know more about Vatican City in 2004.
Real growth rate GDP:
GDP per capita:
Composition of GDP by economic sector:
Proportion of population living below the poverty line: n/a.
Percentage distribution of household income or consumption: for the poorest 10% of households: n/a; by top 10% of households: no data.
Inflation rate at consumer prices:
Labor force: n/a.
Employment structure: agriculture – n/a, industry – n/a, services – n/a, note – dignitaries, priests, nuns, guards and 3,000 lay ministers live outside the Vatican.
Budget: revenues: $209.6 million; expenses: $198.5 million, including capital expenditures – n/a (1997).
Spheres of economy: printing and production of a small number of mosaics and uniforms; banking and financial activities covering the whole world.
Growth in Industrial Production:
Electricity Generation: About kWh (1999).
Sources of electricity generation: fossil fuel: no data; hydropower: no data; nuclear fuel: no data; other: no data.
Electricity consumption: no data.
Export of electricity: no data.
Electricity import: no data; note: electricity is supplied by Italy. Economic aid recipient: no.
items : Export
Economic aid donor:
Currency: Italian Lira, Euro.
Currency code: ITL; EUR.
Exchange rate: euro / USD – 1.0659 (January 2001), 1.0854 (2000), 0.9386 (1999); Vatican lira/USD -2,099 (2000), 1,817.2 (1999), 1,736.2 (1998), 1,703.1 (1997), 1,542.9 (1996); note – the Vatican lira is equal to the Italian pira; in 2002, the Vatican, together with Italy, switches to the euro, the exchange rate of the pira to the euro is fixed and amounts to 1,936.17 pir per euro.
Fiscal year: calendar year.
Telecommunications Telephone lines: no data.
Mobile cellular phones: no data available.
Telephone system: automatic; internal: included in the Italian system; international: uses the Italian system.
Broadcast stations: AM – 3, FM – 4, shortwave – 2 (1998).
Radio receivers: no data.
Television broadcast stations: 1 (1996).
TVs: no data.
Internet country code: va
Internet providers: 93 (Vatican and Italy) (2000).
Number of users: no data.
Transport Railways: total length: 862 m; note – connects to the Italian network at St. Peter’s station in Rome; narrow gauge: 862 m (1.435 m gauge) (1999).
Roads: no; only city streets.
Ports and harbours: none.
Airports: none. Helipads: 1 (2000 est.). Armed Forces Armed Forces – note: Italy is responsible for defense; The Swiss Guard guards the entrance to the Vatican.