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: 18,043,000,000
Criminals: 1,813,458,095
Elderly, Disabled, & Retirees: 2,427,864,075
Military & Reserves: ? 757,989,033
Students and Youth: 3,161,133,600
Unemployed but Able: 2,744,825,135
Working Class: 7,137,730,062

Federal Republic of Nigeria Government Budget Details

Government Budget: $87,624,687,082,379.69
Government Expenditures: $86,748,440,211,555.89
Goverment Waste: $876,246,870,823.80
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,734,968,804,231.12 2%
Social Welfare: $8,674,844,021,155.59 10%
Healthcare: $6,072,390,814,808.91 7%
Education: $16,482,203,640,195.62 19%
Religion & Spirituality: $7,807,359,619,040.03 9%
Defense: $13,879,750,433,848.94 16%
Law & Order: $7,807,359,619,040.03 9%
Commerce: $6,939,875,216,924.47 8%
Public Transport: $1,734,968,804,231.12 2%
The Environment: $5,204,906,412,693.35 6%
Social Equality: $9,542,328,423,271.15 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $75,780,500,000,000.00
GDP Per Capita: $4,199.99
Average Salary Per Employee: $7,751.18
Unemployment Rate: 21.86%
Consumption: $255,492,162,689,433.59
Exports: $39,900,314,992,640.00
Imports: $41,135,225,438,208.00
Trade Net: -1,234,910,445,568.00

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

Black & Grey Markets Combined: $73,977,418,095,934.66
Avg Annual Criminal's Income / Savings: ? $3,237.58
Recovered Product + Fines & Fees: $4,993,475,721,475.59

Black Market & Grey Market Statistics:

Guns & Weapons: $3,588,027,302,751.55
Drugs and Pharmaceuticals: $4,128,688,951,111.37
Extortion & Blackmail: $1,966,042,357,672.08
Counterfeit Goods: $4,915,105,894,180.21
Trafficking & Intl Sales: $1,867,740,239,788.48
Theft & Disappearance: $3,538,876,243,809.75
Counterfeit Currency & Instruments : $3,735,480,479,576.96
Illegal Mining, Logging, and Hunting : $1,376,229,650,370.46
Basic Necessitites : $4,915,105,894,180.21
School Loan Fraud : $4,325,293,186,878.58
Tax Evasion + Barter Trade : $31,810,289,781,251.90

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: $75,780,500,000,000.00 - 51%
Black & Grey Markets Combined: $73,977,418,095,934.66 - 49%
Real Total Economy: $149,757,918,095,934.66          

West Africa Economic Statistics & Links

Gross Regional Product: $1,411,595,494,227,968
Region Wide Imports: $185,177,531,744,256
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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