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: 20,197,000,000
Criminals: 2,032,601,203
Elderly, Disabled, & Retirees: 2,717,708,450
Military & Reserves: ? 848,035,397
Students and Youth: 3,538,514,400
Unemployed but Able: 3,074,473,894
Working Class: 7,985,666,656

Federal Republic of Nigeria Government Budget Details

Government Budget: $98,085,454,166,045.50
Government Expenditures: $97,104,599,624,385.05
Goverment Waste: $980,854,541,660.45
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,942,091,992,487.70 2%
Social Welfare: $9,710,459,962,438.51 10%
Healthcare: $6,797,321,973,706.95 7%
Education: $18,449,873,928,633.16 19%
Religion & Spirituality: $8,739,413,966,194.65 9%
Defense: $15,536,735,939,901.61 16%
Law & Order: $8,739,413,966,194.65 9%
Commerce: $7,768,367,969,950.80 8%
Public Transport: $1,942,091,992,487.70 2%
The Environment: $5,826,275,977,463.10 6%
Social Equality: $10,681,505,958,682.36 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $83,988,100,000,000.00
GDP Per Capita: $4,158.44
Average Salary Per Employee: $7,678.51
Unemployment Rate: 21.90%
Consumption: $285,993,201,775,411.19
Exports: $43,824,524,296,192.00
Imports: $46,046,008,836,096.00
Trade Net: -2,221,484,539,904.00

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

Black & Grey Markets Combined: $82,808,953,658,794.92
Avg Annual Criminal's Income / Savings: ? $3,233.36
Recovered Product + Fines & Fees: $5,589,604,371,968.66

Black Market & Grey Market Statistics:

Guns & Weapons: $4,016,371,404,781.05
Drugs and Pharmaceuticals: $4,621,578,054,816.55
Extortion & Blackmail: $2,200,751,454,674.55
Counterfeit Goods: $5,501,878,636,686.37
Trafficking & Intl Sales: $2,090,713,881,940.82
Theft & Disappearance: $3,961,352,618,414.19
Counterfeit Currency & Instruments : $4,181,427,763,881.64
Illegal Mining, Logging, and Hunting : $1,540,526,018,272.18
Basic Necessitites : $5,501,878,636,686.37
School Loan Fraud : $4,841,653,200,284.01
Tax Evasion + Barter Trade : $35,607,850,073,281.81

Federal Republic of Nigeria Total Market Statistics ?

National Currency: Naira
Exchange Rates: 1 Naira = $0.39
  $1 = 2.54 Nairas
  Regional Exchange Rates
Gross Domestic Product: $83,988,100,000,000.00 - 50%
Black & Grey Markets Combined: $82,808,953,658,794.92 - 50%
Real Total Economy: $166,797,053,658,794.94          

West Africa Economic Statistics & Links

Gross Regional Product: $1,737,343,799,132,160
Region Wide Imports: $223,628,192,907,264
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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