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: 19,374,000,000
Criminals: 1,947,478,243
Elderly, Disabled, & Retirees: 2,606,963,506
Military & Reserves: ? 813,863,602
Students and Youth: 3,394,324,800
Unemployed but Able: 2,947,487,596
Working Class: 7,663,882,253

Federal Republic of Nigeria Government Budget Details

Government Budget: $94,088,603,907,517.33
Government Expenditures: $93,147,717,868,442.16
Goverment Waste: $940,886,039,075.17
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,862,954,357,368.84 2%
Social Welfare: $9,314,771,786,844.22 10%
Healthcare: $6,520,340,250,790.95 7%
Education: $17,698,066,395,004.01 19%
Religion & Spirituality: $8,383,294,608,159.79 9%
Defense: $14,903,634,858,950.75 16%
Law & Order: $8,383,294,608,159.79 9%
Commerce: $7,451,817,429,475.37 8%
Public Transport: $1,862,954,357,368.84 2%
The Environment: $5,588,863,072,106.53 6%
Social Equality: $10,246,248,965,528.64 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $81,293,200,000,000.00
GDP Per Capita: $4,195.99
Average Salary Per Employee: $7,744.19
Unemployment Rate: 21.86%
Consumption: $274,339,363,679,109.12
Exports: $42,766,184,611,840.00
Imports: $44,169,699,524,608.00
Trade Net: -1,403,514,912,768.00

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

Black & Grey Markets Combined: $79,434,600,237,549.55
Avg Annual Criminal's Income / Savings: ? $3,237.18
Recovered Product + Fines & Fees: $5,361,835,516,034.60

Black Market & Grey Market Statistics:

Guns & Weapons: $3,852,709,675,077.80
Drugs and Pharmaceuticals: $4,433,254,968,582.67
Extortion & Blackmail: $2,111,073,794,563.18
Counterfeit Goods: $5,277,684,486,407.94
Trafficking & Intl Sales: $2,005,520,104,835.02
Theft & Disappearance: $3,799,932,830,213.72
Counterfeit Currency & Instruments : $4,011,040,209,670.03
Illegal Mining, Logging, and Hunting : $1,477,751,656,194.22
Basic Necessitites : $5,277,684,486,407.94
School Loan Fraud : $4,644,362,348,038.99
Tax Evasion + Barter Trade : $34,156,878,102,146.30

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: $81,293,200,000,000.00 - 51%
Black & Grey Markets Combined: $79,434,600,237,549.55 - 49%
Real Total Economy: $160,727,800,237,549.56          

West Africa Economic Statistics & Links

Gross Regional Product: $1,618,988,995,969,024
Region Wide Imports: $211,999,854,166,016
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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