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: 19,827,000,000
Criminals: 1,993,583,611
Elderly, Disabled, & Retirees: 2,667,919,651
Military & Reserves: ? 832,797,889
Students and Youth: 3,473,690,400
Unemployed but Able: 3,016,828,332
Working Class: 7,842,180,117

Federal Republic of Nigeria Government Budget Details

Government Budget: $96,288,569,988,250.34
Government Expenditures: $95,325,684,288,367.84
Goverment Waste: $962,885,699,882.50
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,906,513,685,767.36 2%
Social Welfare: $9,532,568,428,836.79 10%
Healthcare: $6,672,797,900,185.75 7%
Education: $18,111,880,014,789.89 19%
Religion & Spirituality: $8,579,311,585,953.11 9%
Defense: $15,252,109,486,138.86 16%
Law & Order: $8,579,311,585,953.11 9%
Commerce: $7,626,054,743,069.43 8%
Public Transport: $1,906,513,685,767.36 2%
The Environment: $5,719,541,057,302.07 6%
Social Equality: $10,485,825,271,720.46 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $83,013,500,000,000.00
GDP Per Capita: $4,186.89
Average Salary Per Employee: $7,728.27
Unemployment Rate: 21.87%
Consumption: $280,753,926,863,585.28
Exports: $43,585,661,173,760.00
Imports: $45,202,467,192,832.00
Trade Net: -1,616,806,019,072.00

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

Black & Grey Markets Combined: $81,291,928,531,324.28
Avg Annual Criminal's Income / Savings: ? $3,236.25
Recovered Product + Fines & Fees: $5,487,205,175,864.39

Black Market & Grey Market Statistics:

Guns & Weapons: $3,942,793,173,525.86
Drugs and Pharmaceuticals: $4,536,912,692,824.27
Extortion & Blackmail: $2,160,434,615,630.61
Counterfeit Goods: $5,401,086,539,076.52
Trafficking & Intl Sales: $2,052,412,884,849.08
Theft & Disappearance: $3,888,782,308,135.09
Counterfeit Currency & Instruments : $4,104,825,769,698.15
Illegal Mining, Logging, and Hunting : $1,512,304,230,941.42
Basic Necessitites : $5,401,086,539,076.52
School Loan Fraud : $4,752,956,154,387.34
Tax Evasion + Barter Trade : $34,955,529,268,469.44

Federal Republic of Nigeria Total Market Statistics ?

National Currency: Naira
Exchange Rates: 1 Naira = $0.39
  $1 = 2.54 Nairas
  Regional Exchange Rates
Gross Domestic Product: $83,013,500,000,000.00 - 51%
Black & Grey Markets Combined: $81,291,928,531,324.28 - 49%
Real Total Economy: $164,305,428,531,324.28          

West Africa Economic Statistics & Links

Gross Regional Product: $1,657,001,469,804,544
Region Wide Imports: $216,082,690,342,912
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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