Countries Vatican City
Vatican City

Vatican City

Europe GEC: VT ISO: VA

Economic Overview

limited, tourism-based economy; euro user with own minted coins; produces commemorative stamps, coins, and publications to support museums and religious needs; residents pay no direct taxes; “zero deficit” plan to address budget shortfall

All Economic Data

Currency
code: EUR
name: euro (EUR) [€]
Exchange rates
Currency: euros (EUR) per US dollar -
Exchange rates 2020: 0.876 (2020 est.)
Exchange rates 2021: 0.845 (2021 est.)
Exchange rates 2022: 0.95 (2022 est.)
Exchange rates 2023: 0.925 (2023 est.)
Exchange rates 2024: 0.924 (2024 est.)
Note: <strong>note: </strong>while not an EU member state, the Holy See has a 2000 monetary agreement with Italy and the EU to produce limited euro coinage—but not banknotes—that began enforcement in January 2002
Industries
printing; production of coins, medals, postage stamps; mosaics, staff uniforms; worldwide banking and financial activities
Map of Vatican City

Quick Facts

Industries
printing; production of coins, medals, postage stamps; mosaics, staff uniforms; worldwide banking and financial activities
Exchange rates
euros (EUR) per US dollar -

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