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: 18,194,000,000
Criminals: 1,828,631,580
Elderly, Disabled, & Retirees: 2,448,182,615
Military & Reserves: ? 764,333,094
Students and Youth: 3,187,588,800
Unemployed but Able: 2,767,793,948
Working Class: 7,197,469,964

Federal Republic of Nigeria Government Budget Details

Government Budget: $88,358,012,331,522.80
Government Expenditures: $87,474,432,208,207.56
Goverment Waste: $883,580,123,315.23
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,749,488,644,164.15 2%
Social Welfare: $8,747,443,220,820.76 10%
Healthcare: $6,123,210,254,574.53 7%
Education: $16,620,142,119,559.44 19%
Religion & Spirituality: $7,872,698,898,738.68 9%
Defense: $13,995,909,153,313.21 16%
Law & Order: $7,872,698,898,738.68 9%
Commerce: $6,997,954,576,656.61 8%
Public Transport: $1,749,488,644,164.15 2%
The Environment: $5,248,465,932,492.45 6%
Social Equality: $9,622,187,542,902.83 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $76,415,700,000,000.00
GDP Per Capita: $4,200.05
Average Salary Per Employee: $7,751.28
Unemployment Rate: 21.86%
Consumption: $257,630,359,812,833.28
Exports: $40,235,246,288,896.00
Imports: $41,479,481,327,616.00
Trade Net: -1,244,235,038,720.00

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

Black & Grey Markets Combined: $74,596,530,247,572.52
Avg Annual Criminal's Income / Savings: ? $3,237.59
Recovered Product + Fines & Fees: $5,035,265,791,711.15

Black Market & Grey Market Statistics:

Guns & Weapons: $3,618,055,267,510.49
Drugs and Pharmaceuticals: $4,163,241,677,683.30
Extortion & Blackmail: $1,982,496,036,992.05
Counterfeit Goods: $4,956,240,092,480.12
Trafficking & Intl Sales: $1,883,371,235,142.45
Theft & Disappearance: $3,568,492,866,585.69
Counterfeit Currency & Instruments : $3,766,742,470,284.89
Illegal Mining, Logging, and Hunting : $1,387,747,225,894.43
Basic Necessitites : $4,956,240,092,480.12
School Loan Fraud : $4,361,491,281,382.51
Tax Evasion + Barter Trade : $32,076,508,006,456.18

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: $76,415,700,000,000.00 - 51%
Black & Grey Markets Combined: $74,596,530,247,572.52 - 49%
Real Total Economy: $151,012,230,247,572.50          

West Africa Economic Statistics & Links

Gross Regional Product: $1,419,238,925,402,112
Region Wide Imports: $186,184,886,124,544
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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