The State of Federal Republi

The State of Federal Republic of Nigeria

Unity and Faith, Peace and Progress

Region: West Africa         Federal Republic of Nigeria Economic Stats           Federal Republic of Nigeria Mobile Stats         Calculation Explained

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: 19,168,000,000
Criminals: 1,926,781,894
Elderly, Disabled, & Retirees: 2,579,244,176
Military & Reserves: ? 805,208,138
Students and Youth: 3,358,233,600
Unemployed but Able: 2,916,155,556
Working Class: 7,582,376,635

Federal Republic of Nigeria Government Budget Details

Government Budget: $93,088,178,172,497.77
Government Expenditures: $92,157,296,390,772.78
Goverment Waste: $930,881,781,724.98
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,843,145,927,815.46 2%
Social Welfare: $9,215,729,639,077.28 10%
Healthcare: $6,451,010,747,354.10 7%
Education: $17,509,886,314,246.83 19%
Religion & Spirituality: $8,294,156,675,169.55 9%
Defense: $14,745,167,422,523.64 16%
Law & Order: $8,294,156,675,169.55 9%
Commerce: $7,372,583,711,261.82 8%
Public Transport: $1,843,145,927,815.46 2%
The Environment: $5,529,437,783,446.37 6%
Social Equality: $10,137,302,602,985.01 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $80,425,400,000,000.00
GDP Per Capita: $4,195.82
Average Salary Per Employee: $7,743.87
Unemployment Rate: 21.86%
Consumption: $271,422,366,846,812.16
Exports: $42,308,060,315,648.00
Imports: $43,700,050,722,816.00
Trade Net: -1,391,990,407,168.00

Federal Republic of Nigeria Grey and Black Market Statistics ?
Evasion, Black Market, Barter & Crime

Black & Grey Markets Combined: $78,589,987,659,316.94
Avg Annual Criminal's Income / Savings: ? $3,237.16
Recovered Product + Fines & Fees: $5,304,824,167,003.89

Black Market & Grey Market Statistics:

Guns & Weapons: $3,811,744,566,143.93
Drugs and Pharmaceuticals: $4,386,117,035,014.94
Extortion & Blackmail: $2,088,627,159,530.92
Counterfeit Goods: $5,221,567,898,827.30
Trafficking & Intl Sales: $1,984,195,801,554.38
Theft & Disappearance: $3,759,528,887,155.66
Counterfeit Currency & Instruments : $3,968,391,603,108.75
Illegal Mining, Logging, and Hunting : $1,462,039,011,671.65
Basic Necessitites : $5,221,567,898,827.30
School Loan Fraud : $4,594,979,750,968.03
Tax Evasion + Barter Trade : $33,793,694,693,506.28

Federal Republic of Nigeria Total Market Statistics ?

National Currency: Naira
Exchange Rates: 1 Naira = $0.39
  $1 = 2.53 Nairas
  Regional Exchange Rates
Gross Domestic Product: $80,425,400,000,000.00 - 51%
Black & Grey Markets Combined: $78,589,987,659,316.94 - 49%
Real Total Economy: $159,015,387,659,316.94          

West Africa Economic Statistics & Links

Gross Regional Product: $1,602,055,282,098,176
Region Wide Imports: $209,765,598,756,864
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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