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The State of Federal Republi

The State of Federal Republic of Nigeria

Unity and Faith, Peace and Progress

Region: West Africa
Quicksearch Query: Federal Republic of Nigeria

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Federal Republic of Nigeria Domestic Statistics
Government Category: State
Government Priority: Education
Economic Rating: Very Strong
Civil Rights Rating: Excellent
Political Freedoms: World Benchmark
Income Tax Rate: 16%
Consumer Confidence Rate: 104%
Worker Enthusiasm Rate: 108%
Major Industry: Automobile Manufacturing
National Animal: eagle
Federal Republic of Nigeria Demographics
Total Population: 17,120,000,000
Criminals: 1,724,134,564
Elderly, Disabled, & Retirees: 2,303,668,385
Military & Reserves: ? 718,637,101
Students and Youth: 2,999,424,000
Unemployed but Able: 2,606,969,914
Working Class: 6,767,166,036
Federal Republic of Nigeria Government Budget Details
Government Budget: $83,142,201,334,384.56
Government Expenditures: $82,310,779,321,040.72
Goverment Waste: $831,422,013,343.84
Goverment Efficiency: 99%
Federal Republic of Nigeria Government Spending Breakdown:
Administration: $1,646,215,586,420.81 2%
Social Welfare: $8,231,077,932,104.07 10%
Healthcare: $5,761,754,552,472.85 7%
Education: $15,639,048,070,997.74 19%
Religion & Spirituality: $7,407,970,138,893.66 9%
Defense: $13,169,724,691,366.52 16%
Law & Order: $7,407,970,138,893.66 9%
Commerce: $6,584,862,345,683.26 8%
Public Transport: $1,646,215,586,420.81 2%
The Environment: $4,938,646,759,262.44 6%
Social Equality: $9,054,185,725,314.48 11%
Federal Republic of NigeriaWhite Market Economic Statistics ?
Gross Domestic Product: $70,813,200,000,000.00
GDP Per Capita: $4,136.29
Average Salary Per Employee: $7,639.73
Unemployment Rate: 21.92%
Consumption: $242,422,330,247,086.06
Exports: $36,768,523,223,040.00
Imports: $39,030,930,538,496.00
Trade Net: -2,262,407,315,456.00
Federal Republic of Nigeria Non Market Statistics ?
Evasion, Black Market, Barter & Crime
Black & Grey Markets Combined: $70,193,065,382,905.88
Avg Annual Criminal's Income / Savings: ? $3,231.12
Recovered Product + Fines & Fees: $4,738,031,913,346.15
Black Market & Non Monetary Trade:
Guns & Weapons: $3,404,479,928,335.48
Drugs and Pharmaceuticals: $3,917,483,753,153.15
Extortion & Blackmail: $1,865,468,453,882.45
Counterfeit Goods: $4,663,671,134,706.13
Trafficking & Intl Sales: $1,772,195,031,188.33
Theft & Disappearance: $3,357,843,216,988.41
Counterfeit Currency & Instruments : $3,544,390,062,376.66
Illegal Mining, Logging, and Hunting : $1,305,827,917,717.72
Basic Necessitites : $4,663,671,134,706.13
School Loan Fraud : $4,104,030,598,541.39
Tax Evasion + Barter Trade : $30,183,018,114,649.53
Federal Republic of Nigeria Total Market Statistics ?
National Currency: Naira
Exchange Rates: 1 Naira = $0.39
  $1 = 2.55 Nairas
  Regional Exchange Rates
Gross Domestic Product: $70,813,200,000,000.00 - 50%
Black & Grey Markets Combined: $70,193,065,382,905.88 - 50%
Real Total Economy: $141,006,265,382,905.88          
West Africa Economic Statistics & Links
Gross Regional Product: $1,909,406,497,243,136
Region Wide Imports: $243,265,907,458,048
Largest Regional GDP: Douala
Largest Regional Importer: Douala
Regional Search Functions: All West Africa Nations.
Regional Nations by GDP | Regional Trading Leaders
Regional Exchange Rates | WA Members
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