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: 18,520,000,000
Criminals: 1,861,409,665
Elderly, Disabled, & Retirees: 2,492,049,150
Military & Reserves: ? 778,026,289
Students and Youth: 3,244,704,000
Unemployed but Able: 2,817,396,677
Working Class: 7,326,414,219

Federal Republic of Nigeria Government Budget Details

Government Budget: $89,941,214,187,277.53
Government Expenditures: $89,041,802,045,404.75
Goverment Waste: $899,412,141,872.78
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,780,836,040,908.10 2%
Social Welfare: $8,904,180,204,540.48 10%
Healthcare: $6,232,926,143,178.33 7%
Education: $16,917,942,388,626.90 19%
Religion & Spirituality: $8,013,762,184,086.43 9%
Defense: $14,246,688,327,264.76 16%
Law & Order: $8,013,762,184,086.43 9%
Commerce: $7,123,344,163,632.38 8%
Public Transport: $1,780,836,040,908.10 2%
The Environment: $5,342,508,122,724.29 6%
Social Equality: $9,794,598,224,994.52 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $77,780,900,000,000.00
GDP Per Capita: $4,199.83
Average Salary Per Employee: $7,750.90
Unemployment Rate: 21.86%
Consumption: $262,246,589,320,396.78
Exports: $40,952,106,057,728.00
Imports: $42,222,711,996,416.00
Trade Net: -1,270,605,938,688.00

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

Black & Grey Markets Combined: $75,933,153,401,539.58
Avg Annual Criminal's Income / Savings: ? $3,237.57
Recovered Product + Fines & Fees: $5,125,487,854,603.92

Black Market & Grey Market Statistics:

Guns & Weapons: $3,682,883,704,259.99
Drugs and Pharmaceuticals: $4,237,838,782,984.10
Extortion & Blackmail: $2,018,018,468,087.67
Counterfeit Goods: $5,045,046,170,219.17
Trafficking & Intl Sales: $1,917,117,544,683.28
Theft & Disappearance: $3,632,433,242,557.80
Counterfeit Currency & Instruments : $3,834,235,089,366.57
Illegal Mining, Logging, and Hunting : $1,412,612,927,661.37
Basic Necessitites : $5,045,046,170,219.17
School Loan Fraud : $4,439,640,629,792.87
Tax Evasion + Barter Trade : $32,651,255,962,662.02

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: $77,780,900,000,000.00 - 51%
Black & Grey Markets Combined: $75,933,153,401,539.58 - 49%
Real Total Economy: $153,714,053,401,539.56          

West Africa Economic Statistics & Links

Gross Regional Product: $1,535,940,300,374,016
Region Wide Imports: $201,474,466,381,824
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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