Economic Overview
This unique, noncommercial economy is supported financially by an annual contribution (known as peter's pence) from roman catholic dioceses throughout the world; 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.
Environmental Issues
Na
Government Type
Ecclesiastical
Population
824 (july 2008 est.)
Location
Southern europe, an enclave of rome (italy)
Area
Total: 0.44 sq km
land: 0.44 sq km
water: 0 sq km
About 0.7 times the size of the mall in washington, dc
Country Aliases
Conventional long form: the holy see (state of the vatican city)
conventional short form: holy see (vatican city)
local long form: santa sede (stato della citta del vaticano)
local short form: santa sede (citta del vaticano)
Capital
Name: vatican city
geographic coordinates: 41 54 n, 12 27 e
time difference: utc+1 (6 hours ahead of washington, dc during standard time)
daylight saving time: +1hr, begins last sunday in march; ends last sunday in october
International Disputes
None
Sources: Central Intelligence Agency (CIA)
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