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: 19,948,000,000
Criminals: 2,007,568,522
Elderly, Disabled, & Retirees: 2,684,203,032
Military & Reserves: ? 837,575,925
Students and Youth: 3,494,889,600
Unemployed but Able: 3,036,589,627
Working Class: 7,887,173,294

Federal Republic of Nigeria Government Budget Details

Government Budget: $96,876,198,790,535.59
Government Expenditures: $95,907,436,802,630.23
Goverment Waste: $968,761,987,905.36
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,918,148,736,052.60 2%
Social Welfare: $9,590,743,680,263.02 10%
Healthcare: $6,713,520,576,184.12 7%
Education: $18,222,412,992,499.75 19%
Religion & Spirituality: $8,631,669,312,236.72 9%
Defense: $15,345,189,888,420.84 16%
Law & Order: $8,631,669,312,236.72 9%
Commerce: $7,672,594,944,210.42 8%
Public Transport: $1,918,148,736,052.60 2%
The Environment: $5,754,446,208,157.81 6%
Social Equality: $10,549,818,048,289.33 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $82,944,300,000,000.00
GDP Per Capita: $4,158.03
Average Salary Per Employee: $7,677.78
Unemployment Rate: 21.90%
Consumption: $282,467,308,771,737.56
Exports: $43,275,895,177,216.00
Imports: $45,478,330,761,216.00
Trade Net: -2,202,435,584,000.00

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

Black & Grey Markets Combined: $81,788,035,998,743.83
Avg Annual Criminal's Income / Savings: ? $3,233.32
Recovered Product + Fines & Fees: $5,520,692,429,915.21

Black Market & Grey Market Statistics:

Guns & Weapons: $3,966,855,207,373.70
Drugs and Pharmaceuticals: $4,564,600,512,594.39
Extortion & Blackmail: $2,173,619,291,711.62
Counterfeit Goods: $5,434,048,229,279.04
Trafficking & Intl Sales: $2,064,938,327,126.04
Theft & Disappearance: $3,912,514,725,080.91
Counterfeit Currency & Instruments : $4,129,876,654,252.07
Illegal Mining, Logging, and Hunting : $1,521,533,504,198.13
Basic Necessitites : $5,434,048,229,279.04
School Loan Fraud : $4,781,962,441,765.56
Tax Evasion + Barter Trade : $35,168,855,479,459.84

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: $82,944,300,000,000.00 - 50%
Black & Grey Markets Combined: $81,788,035,998,743.83 - 50%
Real Total Economy: $164,732,335,998,743.81          

West Africa Economic Statistics & Links

Gross Regional Product: $1,716,543,406,735,360
Region Wide Imports: $220,908,253,872,128
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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