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Holy See

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Causes We Support

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Holy See News

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Geography

Southern Europe, an enclave of Rome (Italy)
Area

Total 0.44 sq km
Land 0.44 sq km
Water 0 sq km

Climate

temperate; mild, rainy winters (September to May) with hot, dry summers (May to September)
Natural Resources

none ;
Natural Hazards

NA
Current Environmental Issues

NA

Demographics

Nationality
none
Population
839 (July 2013 est.)
Ethnic Groups
Languages
Religions

Finances

The Holy See is supported financially by a variety of sources, including investments, real estate income, and donations from Catholic individuals, dioceses, and institutions; these help fund the Roman Curia (Vatican bureaucracy), diplomatic missions, and media outlets. Moreover, an annual collection taken up in dioceses and from direct donations go to a non-budgetary fund, known as Peter's Pence, which is used directly by the Pope for charity, disaster relief, and aid to churches in developing nations. Donations increased between 2010 and 2011. The separate Vatican City State budget includes the Vatican museums and post office and is supported financially by ...See More the sale of stamps, coins, medals, and tourist mementos; by fees for admission to museums; and by publication sales. Its revenues increased between 2010 and 2011 because of expanded opening hours and a growing number of visitors. However, the Holy See has not escaped the financial difficulties engulfing other European countries; in 2012 it started a spending review to determine where to cut costs to reverse its 2011 budget deficit of 15 million euros. Most public expenditures go to wages and other personnel costs; the incomes and living standards of lay workers are comparable to those of counterparts who work in the city of Rome. Show Less ;
GDP Purchasing Power Parity

$NA
Industries

printing; production of coins, medals, postage stamps; mosaics and staff uniforms; worldwide banking and financial activities