Vatican 30 6 billion energy storage project

How much money will the Vatican Museum make in 2024?

In 2024 the Vatican Museums welcomed about seven million visitors and booked ticket and souvenir sales approaching $100 million, revenues now back at pre-COVID levels and likely to surge during the 2025 Holy Year of Jubilee. A third stream is investment income, overseen by the Administration of the Patrimony of the Apostolic See (APSA).

How much money does the Vatican make a year?

It reported a profit of €30.6 million on assets of roughly €5.4 billion last year, passing €13.6 million straight to the Pope’s charitable budget. Since 2022 a papal decree has compelled every Vatican office to hold its accounts there, greatly tightening cash oversight. APSA, the treasury and landlord, manages the patrimonial investments.

Is the Vatican a micro-state?

The economy of the Vatican is an improbable hybrid: a micro-state of just 110 acres that bankrolls the worldwide governance of the Roman-Catholic Church. Revenue Most of the money that keeps the Holy See’s bureaucracy moving still comes from the faithful.

What happened to the Vatican's finances in the 20th century?

For most of the twentieth century the Vatican’s finances were an opaque realm of handshake deals and princely discretion. The Banco Ambrosiano collapse of 1982 – in which Vatican officials were embroiled and which cost Rome $244 million in reparations – prompted only modest clean-up.