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: 20,075,000,000
Criminals: 2,020,336,763
Elderly, Disabled, & Retirees: 2,701,292,141
Military & Reserves: ? 842,910,581
Students and Youth: 3,517,140,000
Unemployed but Able: 3,055,912,547
Working Class: 7,937,407,968

Federal Republic of Nigeria Government Budget Details

Government Budget: $97,492,972,682,210.19
Government Expenditures: $96,518,042,955,388.08
Goverment Waste: $974,929,726,822.11
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,930,360,859,107.76 2%
Social Welfare: $9,651,804,295,538.81 10%
Healthcare: $6,756,263,006,877.17 7%
Education: $18,338,428,161,523.73 19%
Religion & Spirituality: $8,686,623,865,984.93 9%
Defense: $15,442,886,872,862.09 16%
Law & Order: $8,686,623,865,984.93 9%
Commerce: $7,721,443,436,431.05 8%
Public Transport: $1,930,360,859,107.76 2%
The Environment: $5,791,082,577,323.28 6%
Social Equality: $10,616,984,725,092.69 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $83,476,500,000,000.00
GDP Per Capita: $4,158.23
Average Salary Per Employee: $7,678.14
Unemployment Rate: 21.90%
Consumption: $284,265,670,634,373.12
Exports: $43,555,533,619,200.00
Imports: $45,767,867,760,640.00
Trade Net: -2,212,334,141,440.00

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

Black & Grey Markets Combined: $82,308,749,299,690.31
Avg Annual Criminal's Income / Savings: ? $3,233.34
Recovered Product + Fines & Fees: $5,555,840,577,729.10

Black Market & Grey Market Statistics:

Guns & Weapons: $3,992,110,664,901.01
Drugs and Pharmaceuticals: $4,593,661,587,009.38
Extortion & Blackmail: $2,187,457,898,575.89
Counterfeit Goods: $5,468,644,746,439.74
Trafficking & Intl Sales: $2,078,085,003,647.10
Theft & Disappearance: $3,937,424,217,436.61
Counterfeit Currency & Instruments : $4,156,170,007,294.20
Illegal Mining, Logging, and Hunting : $1,531,220,529,003.13
Basic Necessitites : $5,468,644,746,439.74
School Loan Fraud : $4,812,407,376,866.97
Tax Evasion + Barter Trade : $35,392,762,198,866.84

Federal Republic of Nigeria Total Market Statistics ?

National Currency: Naira
Exchange Rates: 1 Naira = $0.39
  $1 = 2.55 Nairas
  Regional Exchange Rates
Gross Domestic Product: $83,476,500,000,000.00 - 50%
Black & Grey Markets Combined: $82,308,749,299,690.31 - 50%
Real Total Economy: $165,785,249,299,690.31          

West Africa Economic Statistics & Links

Gross Regional Product: $1,727,187,543,654,400
Region Wide Imports: $222,299,101,855,744
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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