In 2006, both the Holy See and the Vatican improved, showing smaller deficits compared to 2005.

In 2007, the Holy See achieved a surplus of around €5 million, while the Vatican also reached a positive balance.

In 2008, the Holy See’s surplus decreased slightly, whereas the Vatican’s financial situation worsened into a deficit.

In 2009, both institutions experienced financial decline, showing deficits again.

In 2010, the Vatican began to recover slightly, while the Holy See remained near break-even.

In 2011, the Holy See had a surplus of around €20 million, while the Vatican also showed improvement, ending the period with a positive balance. holy see aja

Holy See

The Holy See began 2005 with a surplus, but this amount dropped noticeably by 2006. In 2007, the financial balance fell sharply and shifted into a major deficit, which worsened slightly in 2008. Between 2008 and 2010, the finances improved slowly. This upward trend, however, stopped in 2011, when the Holy See faced another substantial downturn and returned to a deep deficit.

Vatican

The Vatican started with a large surplus, which rose steeply in 2006 before falling dramatically into a deficit in 2007. A strong recovery followed in 2008, but the balance declined a little in 2009. In 2010, the finances surged to a record high and remained consistently strong throughout 2011.