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Google Search: "How much money does the Vatican make?"

December 6, 2006

We are always amused by the Google searches that refer to our website sometimes. This one is “how much does the Vatican make”

Do you want to help our friend with his/her question?? 🙂

Update:

FYI – One of our readers in the comments section linked the CIA World factbook that states the following about the Vatican’s economy:

Economy Overview:

This unique, noncommercial economy is supported financially by an annual contribution from Roman Catholic dioceses throughout the world (known as Peter’s Pence); by the sale of postage stamps, coins, medals, and tourist mementos; by fees for admission to museums; and by 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.

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

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