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: 20,155,000,000
Criminals: 2,028,378,941
Elderly, Disabled, & Retirees: 2,712,056,934
Military & Reserves: ? 846,271,129
Students and Youth: 3,531,156,000
Unemployed but Able: 3,068,083,864
Working Class: 7,969,053,132

Federal Republic of Nigeria Government Budget Details

Government Budget: $97,881,486,873,801.53
Government Expenditures: $96,902,672,005,063.52
Goverment Waste: $978,814,868,738.02
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,938,053,440,101.27 2%
Social Welfare: $9,690,267,200,506.35 10%
Healthcare: $6,783,187,040,354.45 7%
Education: $18,411,507,680,962.07 19%
Religion & Spirituality: $8,721,240,480,455.72 9%
Defense: $15,504,427,520,810.16 16%
Law & Order: $8,721,240,480,455.72 9%
Commerce: $7,752,213,760,405.08 8%
Public Transport: $1,938,053,440,101.27 2%
The Environment: $5,814,160,320,303.81 6%
Social Equality: $10,659,293,920,556.99 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $83,812,000,000,000.00
GDP Per Capita: $4,158.37
Average Salary Per Employee: $7,678.39
Unemployment Rate: 21.90%
Consumption: $285,398,483,022,643.19
Exports: $43,731,923,238,912.00
Imports: $45,950,257,070,080.00
Trade Net: -2,218,333,831,168.00

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

Black & Grey Markets Combined: $82,636,753,629,800.34
Avg Annual Criminal's Income / Savings: ? $3,233.36
Recovered Product + Fines & Fees: $5,577,980,870,011.52

Black Market & Grey Market Statistics:

Guns & Weapons: $4,008,019,418,168.52
Drugs and Pharmaceuticals: $4,611,967,549,673.36
Extortion & Blackmail: $2,196,175,023,653.98
Counterfeit Goods: $5,490,437,559,134.95
Trafficking & Intl Sales: $2,086,366,272,471.28
Theft & Disappearance: $3,953,115,042,577.17
Counterfeit Currency & Instruments : $4,172,732,544,942.56
Illegal Mining, Logging, and Hunting : $1,537,322,516,557.79
Basic Necessitites : $5,490,437,559,134.95
School Loan Fraud : $4,831,585,052,038.76
Tax Evasion + Barter Trade : $35,533,804,060,814.15

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: $83,812,000,000,000.00 - 50%
Black & Grey Markets Combined: $82,636,753,629,800.34 - 50%
Real Total Economy: $166,448,753,629,800.34          

West Africa Economic Statistics & Links

Gross Regional Product: $1,733,895,343,046,656
Region Wide Imports: $223,176,818,688,000
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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