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: 19,707,000,000
Criminals: 1,981,229,757
Elderly, Disabled, & Retirees: 2,651,772,202
Military & Reserves: ? 827,805,700
Students and Youth: 3,452,666,400
Unemployed but Able: 2,998,355,594
Working Class: 7,795,170,346

Federal Republic of Nigeria Government Budget Details

Government Budget: $95,705,803,534,211.50
Government Expenditures: $94,748,745,498,869.39
Goverment Waste: $957,058,035,342.11
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,894,974,909,977.39 2%
Social Welfare: $9,474,874,549,886.94 10%
Healthcare: $6,632,412,184,920.86 7%
Education: $18,002,261,644,785.18 19%
Religion & Spirituality: $8,527,387,094,898.25 9%
Defense: $15,159,799,279,819.10 16%
Law & Order: $8,527,387,094,898.25 9%
Commerce: $7,579,899,639,909.55 8%
Public Transport: $1,894,974,909,977.39 2%
The Environment: $5,684,924,729,932.16 6%
Social Equality: $10,422,362,004,875.63 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $82,602,300,000,000.00
GDP Per Capita: $4,191.52
Average Salary Per Employee: $7,736.37
Unemployment Rate: 21.86%
Consumption: $279,054,722,374,041.59
Exports: $43,413,082,341,376.00
Imports: $44,928,885,325,824.00
Trade Net: -1,515,802,984,448.00

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

Black & Grey Markets Combined: $80,799,926,116,728.66
Avg Annual Criminal's Income / Savings: ? $3,236.72
Recovered Product + Fines & Fees: $5,453,995,012,879.18

Black Market & Grey Market Statistics:

Guns & Weapons: $3,918,930,241,538.97
Drugs and Pharmaceuticals: $4,509,453,976,565.39
Extortion & Blackmail: $2,147,359,036,459.71
Counterfeit Goods: $5,368,397,591,149.27
Trafficking & Intl Sales: $2,039,991,084,636.72
Theft & Disappearance: $3,865,246,265,627.48
Counterfeit Currency & Instruments : $4,079,982,169,273.45
Illegal Mining, Logging, and Hunting : $1,503,151,325,521.80
Basic Necessitites : $5,368,397,591,149.27
School Loan Fraud : $4,724,189,880,211.36
Tax Evasion + Barter Trade : $34,743,968,230,193.32

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: $82,602,300,000,000.00 - 51%
Black & Grey Markets Combined: $80,799,926,116,728.66 - 49%
Real Total Economy: $163,402,226,116,728.66          

West Africa Economic Statistics & Links

Gross Regional Product: $1,646,912,591,626,240
Region Wide Imports: $215,219,234,144,256
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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