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: 19,663,000,000
Criminals: 1,976,808,687
Elderly, Disabled, & Retirees: 2,645,851,568
Military & Reserves: ? 825,957,043
Students and Youth: 3,444,957,600
Unemployed but Able: 2,991,662,950
Working Class: 7,777,762,152

Federal Republic of Nigeria Government Budget Details

Government Budget: $95,492,121,212,171.06
Government Expenditures: $94,537,200,000,049.34
Goverment Waste: $954,921,212,121.72
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,890,744,000,000.99 2%
Social Welfare: $9,453,720,000,004.94 10%
Healthcare: $6,617,604,000,003.46 7%
Education: $17,962,068,000,009.38 19%
Religion & Spirituality: $8,508,348,000,004.44 9%
Defense: $15,125,952,000,007.89 16%
Law & Order: $8,508,348,000,004.44 9%
Commerce: $7,562,976,000,003.95 8%
Public Transport: $1,890,744,000,000.99 2%
The Environment: $5,672,232,000,002.96 6%
Social Equality: $10,399,092,000,005.43 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $82,417,100,000,000.00
GDP Per Capita: $4,191.48
Average Salary Per Employee: $7,736.30
Unemployment Rate: 21.86%
Consumption: $278,431,676,969,779.19
Exports: $43,315,361,873,920.00
Imports: $44,828,574,351,360.00
Trade Net: -1,513,212,477,440.00

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

Black & Grey Markets Combined: $80,619,524,143,225.08
Avg Annual Criminal's Income / Savings: ? $3,236.72
Recovered Product + Fines & Fees: $5,441,817,879,667.69

Black Market & Grey Market Statistics:

Guns & Weapons: $3,910,180,447,033.28
Drugs and Pharmaceuticals: $4,499,385,719,873.91
Extortion & Blackmail: $2,142,564,628,511.39
Counterfeit Goods: $5,356,411,571,278.46
Trafficking & Intl Sales: $2,035,436,397,085.82
Theft & Disappearance: $3,856,616,331,320.49
Counterfeit Currency & Instruments : $4,070,872,794,171.63
Illegal Mining, Logging, and Hunting : $1,499,795,239,957.97
Basic Necessitites : $5,356,411,571,278.46
School Loan Fraud : $4,713,642,182,725.05
Tax Evasion + Barter Trade : $34,666,395,381,586.78

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: $82,417,100,000,000.00 - 51%
Black & Grey Markets Combined: $80,619,524,143,225.08 - 49%
Real Total Economy: $163,036,624,143,225.06          

West Africa Economic Statistics & Links

Gross Regional Product: $1,643,350,855,778,304
Region Wide Imports: $214,749,857,972,224
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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