The Holy See closed the 2024 fiscal year with a surplus of $1.86 million

Vatican City, Dec 1, 2025 / 16:51 pm

The Holy See closed the 2024 fiscal year with a surplus of 1.6 million euros ($1.86 million), according to the 2024 Consolidated Financial Statement published Nov. 26 by the Vatican Secretariat for the Economy. This result represents a substantial change compared with the deficit of 51.2 million euros ($59.5 million) recorded in 2023, according to the Vatican.

The last public report from the Holy See was from 2020 — published in 2021 — and showed a deficit of 66.3 million euros ($77 million).

The current report indicates that the financial improvement is based on a reduction in the operating deficit, which decreased by almost 50%, from 83 million to 44 million euros, ($96.4 to $51.1 million) driven by a 79-million-euro ($91.8 million) increase in rev