World Factbook
Vatican City
La Santa Sede (Stato della Citta del Vaticano)
Last updated: 2026-03-28 (today)
Industries
printing; production of coins, medals, postage stamps; mosaics, staff uniforms; worldwide banking and financial activities
Exchange rates
note
note: 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
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.)
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