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: 16,544,000,000
Criminals: 1,665,206,961
Elderly, Disabled, & Retirees: 2,226,160,961
Military & Reserves: ? 694,612,523
Students and Youth: 2,898,508,800
Unemployed but Able: 2,518,576,168
Working Class: 6,540,934,587

Federal Republic of Nigeria Government Budget Details

Government Budget: $80,344,891,421,569.84
Government Expenditures: $79,541,442,507,354.14
Goverment Waste: $803,448,914,215.70
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,590,828,850,147.08 2%
Social Welfare: $7,954,144,250,735.41 10%
Healthcare: $5,567,900,975,514.79 7%
Education: $15,112,874,076,397.29 19%
Religion & Spirituality: $7,158,729,825,661.87 9%
Defense: $12,726,630,801,176.66 16%
Law & Order: $7,158,729,825,661.87 9%
Commerce: $6,363,315,400,588.33 8%
Public Transport: $1,590,828,850,147.08 2%
The Environment: $4,772,486,550,441.25 6%
Social Equality: $8,749,558,675,808.96 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $68,721,600,000,000.00
GDP Per Capita: $4,153.87
Average Salary Per Employee: $7,670.50
Unemployment Rate: 21.90%
Consumption: $234,266,058,502,963.19
Exports: $35,822,313,275,392.00
Imports: $37,717,740,093,440.00
Trade Net: -1,895,426,818,048.00

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

Black & Grey Markets Combined: $67,831,427,677,202.62
Avg Annual Criminal's Income / Savings: ? $3,232.90
Recovered Product + Fines & Fees: $4,578,621,368,211.18

Black Market & Grey Market Statistics:

Guns & Weapons: $3,289,936,588,146.42
Drugs and Pharmaceuticals: $3,785,680,457,593.14
Extortion & Blackmail: $1,802,704,979,806.26
Counterfeit Goods: $4,506,762,449,515.64
Trafficking & Intl Sales: $1,712,569,730,815.94
Theft & Disappearance: $3,244,868,963,651.26
Counterfeit Currency & Instruments : $3,425,139,461,631.89
Illegal Mining, Logging, and Hunting : $1,261,893,485,864.38
Basic Necessitites : $4,506,762,449,515.64
School Loan Fraud : $3,965,950,955,573.76
Tax Evasion + Barter Trade : $29,167,513,901,197.12

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: $68,721,600,000,000.00 - 50%
Black & Grey Markets Combined: $67,831,427,677,202.62 - 50%
Real Total Economy: $136,553,027,677,202.62          

West Africa Economic Statistics & Links

Gross Regional Product: $1,865,716,345,077,760
Region Wide Imports: $239,645,434,576,896
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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