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
View of St. Peter's Square from the top of Michelangelo's dome
Currency
Euro (EUR)
Fiscal year
Calendar year
Statistics
GDP
n/a
GDP per capita
US$21,198
Labour force
4,822 (2016)
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
$315 million (2013)
Expenses
$334 million (2013)
Main data source:CIA World Fact Book All values, unless otherwise stated, are in US dollars.
This article is part of a series on
Vatican City
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President: Giuseppe Bertello
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00120 (Vatican postcode)
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Postage stamps and postal history of Vatican City
Public holidays in Vatican City
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The Story of the Vatican, 1941 documentary
Buildings/geography
Apostolic nunciature
Apostolic Palace
Basilica di Santa Maria Maggiore
Borgia Apartments
Bramante Staircase
Domus Sanctae Marthae
Fountains of St. Peter's Square
Gardens of Vatican City
Geography of Vatican City
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Monument to the Royal Stuarts
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Saint Peter's Basilica
Saint Peter's Square
Saint Peter's tomb
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Lateran Palace
Leonine City
Niccoline Chapel
Old St. Peter's Basilica
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Papal tombs in Old St. Peter's Basilica
Paul VI Audience Hall
Tomb of the Julii
Torre San Giovanni
Scala Regia
Via della Conciliazione
Vatican Climate Forest
Vatican Heliport
Vatican Hill
Vatican Necropolis
Papal Concert to Commemorate the Shoah
Postage stamps and postal history of Vatican City
Public holidays in Vatican City
Vatican Secret Archives
St. Peter's Baldachin
Sala Regia
San Pellegrino in Vaticano
Sant'Anna dei Palafrenieri
Santa Maria della Pietà in Camposanto dei Teutonici
Vatican Advanced Technology Telescope
Vatican Observatory
Vatican Pharmacy
Bibliotheca Palatina
Cappella Giulia
Cappella Paolina
Cardinal Secretary of State
Casina Pio IV
Circus of Nero
Redemptoris Mater Chapel
Saints Martin and Sebastian of the Swiss
Santo Stefano degli Abissini
Santo Stefano degli Ungheresi
Teutonic Cemetery
Cortile del Belvedere
Passetto di Borgo
Porta San Pellegrino
Vatican Museums
Vatican Museums
Vatican Gallery of Maps
Gallery of Sistine Chapel ceiling
Collection of Modern Religious Art
Raphael Rooms
Redemptoris Mater Chapel
Restoration of the Sistine Chapel frescoes
Sistine Chapel
Sistine Chapel ceiling
The Last Judgment by Michelangelo
Outline
Index
Vatican City portal
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The economy of Vatican City is mainly supported financially by the sale of stamps, coins, medals, and tourist mementos as well as fees for admission to museums and publication sales. Vatican City employed 4,822 people in 2016.[1]
The Vatican City receives subsidies from the Italian state, which include the water supply free of charge, tax exemptions and other kinds of dedicated public funding.
Vatican City issues its own coins and stamps. It has used the euro as its currency since 1 January 1999, owing to a special agreement with the European Union (council decision 1999/98). Euro coins and notes were introduced on 1 January 2002—the Vatican does not issue euro banknotes. Issuance of euro-denominated coins is strictly limited by treaty, though somewhat more than usual is allowed in a year in which there is a change in the papacy.[2] Because of their rarity, Vatican euro coins are highly sought by collectors.[3]
^"Europe :: Holy See (Vatican City) — The World Factbook - Central Intelligence Agency". www.cia.gov. Retrieved 2019-11-18.
^"Agreements on monetary relations (Monaco, San Marino, the Vatican and Andorra)". Activities of the European Union: Summaries of legislation. Retrieved 23 February 2007.
^"Benedict Vatican euros set for release". Catholic News. 21 April 2006. Retrieved 25 September 2014.
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