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: 18,131,000,000
Criminals: 1,822,300,550
Elderly, Disabled, & Retirees: 2,439,705,343
Military & Reserves: ? 761,686,296
Students and Youth: 3,176,551,200
Unemployed but Able: 2,758,210,659
Working Class: 7,172,545,952

Federal Republic of Nigeria Government Budget Details

Government Budget: $88,052,051,726,460.52
Government Expenditures: $87,171,531,209,195.91
Goverment Waste: $880,520,517,264.61
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,743,430,624,183.92 2%
Social Welfare: $8,717,153,120,919.59 10%
Healthcare: $6,102,007,184,643.71 7%
Education: $16,562,590,929,747.22 19%
Religion & Spirituality: $7,845,437,808,827.63 9%
Defense: $13,947,444,993,471.35 16%
Law & Order: $7,845,437,808,827.63 9%
Commerce: $6,973,722,496,735.67 8%
Public Transport: $1,743,430,624,183.92 2%
The Environment: $5,230,291,872,551.75 6%
Social Equality: $9,588,868,433,011.55 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $76,150,800,000,000.00
GDP Per Capita: $4,200.03
Average Salary Per Employee: $7,751.25
Unemployment Rate: 21.86%
Consumption: $256,738,253,497,958.38
Exports: $40,095,575,572,480.00
Imports: $41,335,851,581,440.00
Trade Net: -1,240,276,008,960.00

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

Black & Grey Markets Combined: $74,338,222,042,941.83
Avg Annual Criminal's Income / Savings: ? $3,237.59
Recovered Product + Fines & Fees: $5,017,829,987,898.57

Black Market & Grey Market Statistics:

Guns & Weapons: $3,605,526,891,762.94
Drugs and Pharmaceuticals: $4,148,825,464,494.34
Extortion & Blackmail: $1,975,631,173,568.73
Counterfeit Goods: $4,939,077,933,921.83
Trafficking & Intl Sales: $1,876,849,614,890.30
Theft & Disappearance: $3,556,136,112,423.72
Counterfeit Currency & Instruments : $3,753,699,229,780.59
Illegal Mining, Logging, and Hunting : $1,382,941,821,498.11
Basic Necessitites : $4,939,077,933,921.83
School Loan Fraud : $4,346,388,581,851.21
Tax Evasion + Barter Trade : $31,965,435,478,464.98

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: $76,150,800,000,000.00 - 51%
Black & Grey Markets Combined: $74,338,222,042,941.83 - 49%
Real Total Economy: $150,489,022,042,941.81          

West Africa Economic Statistics & Links

Gross Regional Product: $1,415,758,659,715,072
Region Wide Imports: $185,726,717,132,800
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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