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: 18,255,000,000
Criminals: 1,834,761,278
Elderly, Disabled, & Retirees: 2,456,390,767
Military & Reserves: ? 766,895,924
Students and Youth: 3,198,276,000
Unemployed but Able: 2,777,072,749
Working Class: 7,221,603,282

Federal Republic of Nigeria Government Budget Details

Government Budget: $88,654,257,906,788.61
Government Expenditures: $87,767,715,327,720.72
Goverment Waste: $886,542,579,067.89
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,755,354,306,554.41 2%
Social Welfare: $8,776,771,532,772.07 10%
Healthcare: $6,143,740,072,940.45 7%
Education: $16,675,865,912,266.94 19%
Religion & Spirituality: $7,899,094,379,494.86 9%
Defense: $14,042,834,452,435.31 16%
Law & Order: $7,899,094,379,494.86 9%
Commerce: $7,021,417,226,217.66 8%
Public Transport: $1,755,354,306,554.41 2%
The Environment: $5,266,062,919,663.24 6%
Social Equality: $9,654,448,686,049.28 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $76,672,300,000,000.00
GDP Per Capita: $4,200.07
Average Salary Per Employee: $7,751.31
Unemployment Rate: 21.86%
Consumption: $258,494,139,476,213.75
Exports: $40,370,555,453,440.00
Imports: $41,618,551,865,344.00
Trade Net: -1,247,996,411,904.00

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

Black & Grey Markets Combined: $74,846,636,507,694.23
Avg Annual Criminal's Income / Savings: ? $3,237.59
Recovered Product + Fines & Fees: $5,052,147,964,269.36

Black Market & Grey Market Statistics:

Guns & Weapons: $3,630,185,835,364.89
Drugs and Pharmaceuticals: $4,177,200,139,323.98
Extortion & Blackmail: $1,989,142,923,487.61
Counterfeit Goods: $4,972,857,308,719.02
Trafficking & Intl Sales: $1,889,685,777,313.23
Theft & Disappearance: $3,580,457,262,277.70
Counterfeit Currency & Instruments : $3,779,371,554,626.46
Illegal Mining, Logging, and Hunting : $1,392,400,046,441.33
Basic Necessitites : $4,972,857,308,719.02
School Loan Fraud : $4,376,114,431,672.74
Tax Evasion + Barter Trade : $32,184,053,698,308.52

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: $76,672,300,000,000.00 - 51%
Black & Grey Markets Combined: $74,846,636,507,694.23 - 49%
Real Total Economy: $151,518,936,507,694.25          

West Africa Economic Statistics & Links

Gross Regional Product: $1,422,293,452,455,936
Region Wide Imports: $186,587,488,976,896
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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