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Vatican reports good profit on investments and real estate as the pope tackles a financial crisis
VATICAN CITY, JUL 29 – The Vatican's 62 million euro profit in 2024 is a 16 million euro increase from 2023, helping cover operating costs amid a longstanding budget deficit and pension shortfall.
- The Administration of the Patrimony of the Apostolic See reported a profit of 62 million euros in 2024, an increase of 16 million euros from 2023.
- Forty-Six million euros of this profit were allocated to fund the Holy See's operating costs, according to the report.
- The Vatican has faced a structural deficit of 50 million to 60 million euros for years and a critical pension fund shortfall of 1 billion euros.
- The report indicates that the properties generated 35 million euros in profit, matching the profit of 2023.
41 Articles
41 Articles
catholicworldreport.com
Vatican reports 2024 asset management earnings of 62 million euros
The central loggia of St. Peter’s Basilica. / Credit: Jeffrey Bruno/CNA Vatican City, Jul 28, 2025 / 17:33 pm (CNA). The Administration of the Patrimony of the Apostolic See (APSA) — the body responsible for managing the properties and investme... [...]
Vatican City, Holy See. The Vatican, faced with a strong budget deficit, announced a profit of 62.2 million euros (72.2 million dollars) on its financial and real estate assets, 35% more than the previous year, according to the balance sheet published on Monday.This result facilitates allocating an extraordinary contribution of 46.1 million euros (one 53 million dollars), to cover the needs of the Holy See and the deficit of the Roman Curia.The …
Vatican reports good profit on investments and real estate as Pope Leo XIV tackles financial crisis
VATICAN CITY — The office that manages Vatican investments and real estate on Tuesday reported a profit of 62 million euros (around $63 million) in 2024, up 16 million euros from 2023. It’s one of the best results in years and a bit of good news as Pope Leo XIV begins to tackle the Holy See’s longstanding financial crisis. In its 2024 report, the Administration of the Patrimony of the Apostolic See, or APSA, said it had directed 46 million euros…
Idaho Press
Vatican reports good profit on investments and real estate as the pope tackles a financial crisis
The Vatican office that manages investments and real estate properties on Tuesday reported a profit of 62 million euros (around $63 million) in 2024, up 16 million euros from 2023. It’s one of the best results in years and a…
Published on Monday, July 28, the 2024 Review of the Administration of the Heritage of the Apostolic See (APSA) discreetly reports the sale of an emblematic building: the apostolic nunciature in Tokyo. A real estate operation revealing the persistent budgetary tensions of the Holy See.
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