Flag description:
two vertical bands of yellow (hoist side) and white with the
crossed keys of Saint Peter and the papal miter centered in the
white band
Economy Holy See (Vatican City)
Economy - overview:
This unique, noncommercial economy is supported financially by an
annual contribution from Roman Catholic dioceses throughout the
world, as well as by special collections (known as Peter's Pence);
the sale of postage stamps, coins, medals, and tourist mementos;
fees for admission to museums; and the sale of publications.
Investments and real estate income also account for a sizable
portion of revenue. The incomes and living standards of lay workers
are comparable to 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:
essentially services with a small amount of industry; note -
dignitaries, priests, nuns, guards, and 3,000 lay workers live
outside the Vatican
Budget:
revenues: $245.2 million
expenditures: $260.4 million, including capital expenditures of NA
(2002)
Industries:
printing; production of coins, medals, postage stamps, a small
amount of mosaics and staff uniforms; worldwide banking and
financial activities
Electricity - production:
NA kWh