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: 18,585,000,000
Criminals: 1,867,941,710
Elderly, Disabled, & Retirees: 2,500,795,542
Military & Reserves: ? 780,757,107
Students and Youth: 3,256,092,000
Unemployed but Able: 2,827,284,219
Working Class: 7,352,129,422

Federal Republic of Nigeria Government Budget Details

Government Budget: $90,256,880,155,439.94
Government Expenditures: $89,354,311,353,885.53
Goverment Waste: $902,568,801,554.41
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,787,086,227,077.71 2%
Social Welfare: $8,935,431,135,388.55 10%
Healthcare: $6,254,801,794,771.99 7%
Education: $16,977,319,157,238.25 19%
Religion & Spirituality: $8,041,888,021,849.70 9%
Defense: $14,296,689,816,621.69 16%
Law & Order: $8,041,888,021,849.70 9%
Commerce: $7,148,344,908,310.84 8%
Public Transport: $1,787,086,227,077.71 2%
The Environment: $5,361,258,681,233.13 6%
Social Equality: $9,828,974,248,927.41 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $78,054,200,000,000.00
GDP Per Capita: $4,199.85
Average Salary Per Employee: $7,750.93
Unemployment Rate: 21.86%
Consumption: $263,166,994,101,043.19
Exports: $41,096,225,488,896.00
Imports: $42,370,900,951,040.00
Trade Net: -1,274,675,462,144.00

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

Black & Grey Markets Combined: $76,199,655,389,540.45
Avg Annual Criminal's Income / Savings: ? $3,237.57
Recovered Product + Fines & Fees: $5,143,476,738,793.98

Black Market & Grey Market Statistics:

Guns & Weapons: $3,695,809,492,071.95
Drugs and Pharmaceuticals: $4,252,712,292,247.18
Extortion & Blackmail: $2,025,101,091,546.27
Counterfeit Goods: $5,062,752,728,865.69
Trafficking & Intl Sales: $1,923,846,036,968.96
Theft & Disappearance: $3,645,181,964,783.29
Counterfeit Currency & Instruments : $3,847,692,073,937.92
Illegal Mining, Logging, and Hunting : $1,417,570,764,082.39
Basic Necessitites : $5,062,752,728,865.69
School Loan Fraud : $4,455,222,401,401.80
Tax Evasion + Barter Trade : $32,765,851,817,502.39

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: $78,054,200,000,000.00 - 51%
Black & Grey Markets Combined: $76,199,655,389,540.45 - 49%
Real Total Economy: $154,253,855,389,540.44          

West Africa Economic Statistics & Links

Gross Regional Product: $1,539,847,512,653,824
Region Wide Imports: $201,988,906,156,032
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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