Vatican $78 million deficit

The Vatican reported a deficit of €66.3 million ($78.29 million) for 2020, in balance sheets made public on Saturday, July 24. At the same time the Vatican also— for the first time— provided a full balance sheet for the Administration of the Patrimony of the Apostolic See (APSA), the body that handles investments and functions as the treasury for the Holy See. The operating deficit for 2020 was far greater than the €11 million shortfall for 2019, but compared favorably with the record €75 million deficit from 2018.