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: 18,291,000,000
Criminals: 1,838,378,919
Elderly, Disabled, & Retirees: 2,461,234,923
Military & Reserves: ? 768,408,395
Students and Youth: 3,204,583,200
Unemployed but Able: 2,782,548,847
Working Class: 7,235,845,717

Federal Republic of Nigeria Government Budget Details

Government Budget: $88,829,089,776,339.52
Government Expenditures: $87,940,798,878,576.12
Goverment Waste: $888,290,897,763.39
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,758,815,977,571.52 2%
Social Welfare: $8,794,079,887,857.61 10%
Healthcare: $6,155,855,921,500.33 7%
Education: $16,708,751,786,929.46 19%
Religion & Spirituality: $7,914,671,899,071.85 9%
Defense: $14,070,527,820,572.18 16%
Law & Order: $7,914,671,899,071.85 9%
Commerce: $7,035,263,910,286.09 8%
Public Transport: $1,758,815,977,571.52 2%
The Environment: $5,276,447,932,714.57 6%
Social Equality: $9,673,487,876,643.37 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $76,823,700,000,000.00
GDP Per Capita: $4,200.08
Average Salary Per Employee: $7,751.33
Unemployment Rate: 21.86%
Consumption: $259,003,906,460,221.44
Exports: $40,450,357,198,848.00
Imports: $41,700,626,006,016.00
Trade Net: -1,250,268,807,168.00

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

Black & Grey Markets Combined: $74,994,238,864,300.69
Avg Annual Criminal's Income / Savings: ? $3,237.59
Recovered Product + Fines & Fees: $5,062,111,123,340.30

Black Market & Grey Market Statistics:

Guns & Weapons: $3,637,344,794,126.70
Drugs and Pharmaceuticals: $4,185,437,845,296.48
Extortion & Blackmail: $1,993,065,640,617.37
Counterfeit Goods: $4,982,664,101,543.43
Trafficking & Intl Sales: $1,893,412,358,586.50
Theft & Disappearance: $3,587,518,153,111.27
Counterfeit Currency & Instruments : $3,786,824,717,173.01
Illegal Mining, Logging, and Hunting : $1,395,145,948,432.16
Basic Necessitites : $4,982,664,101,543.43
School Loan Fraud : $4,384,744,409,358.22
Tax Evasion + Barter Trade : $32,247,522,711,649.30

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: $76,823,700,000,000.00 - 51%
Black & Grey Markets Combined: $74,994,238,864,300.69 - 49%
Real Total Economy: $151,817,938,864,300.69          

West Africa Economic Statistics & Links

Gross Regional Product: $1,424,338,125,324,288
Region Wide Imports: $186,856,595,521,536
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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