ECONOMY
Economy
- overview:
Budget: Revenues (2006) $310 million; expenditures (2006) $307 million.
Industries: Worldwide banking and financial activities; printing; production of coins, medals, postage stamps, a small amount of mosaics, and staff uniforms. This unique, noncommercial economy is also supported financially by contributions (known as Peter's Pence) from Roman Catholics throughout the world, the sale of postage stamps and tourist mementos, fees from admissions 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.
