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: 17,472,000,000
Criminals: 1,758,318,350
Elderly, Disabled, & Retirees: 2,351,032,395
Military & Reserves: ? 733,624,654
Students and Youth: 3,061,094,400
Unemployed but Able: 2,659,631,375
Working Class: 6,908,298,826

Federal Republic of Nigeria Government Budget Details

Government Budget: $84,851,659,910,707.94
Government Expenditures: $84,003,143,311,600.86
Goverment Waste: $848,516,599,107.08
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,680,062,866,232.02 2%
Social Welfare: $8,400,314,331,160.09 10%
Healthcare: $5,880,220,031,812.06 7%
Education: $15,960,597,229,204.16 19%
Religion & Spirituality: $7,560,282,898,044.08 9%
Defense: $13,440,502,929,856.14 16%
Law & Order: $7,560,282,898,044.08 9%
Commerce: $6,720,251,464,928.07 8%
Public Transport: $1,680,062,866,232.02 2%
The Environment: $5,040,188,598,696.05 6%
Social Equality: $9,240,345,764,276.09 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $72,669,700,000,000.00
GDP Per Capita: $4,159.21
Average Salary Per Employee: $7,679.85
Unemployment Rate: 21.90%
Consumption: $247,406,693,481,185.28
Exports: $37,925,044,748,288.00
Imports: $39,833,435,111,424.00
Trade Net: -1,908,390,363,136.00

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

Black & Grey Markets Combined: $71,636,281,170,934.47
Avg Annual Criminal's Income / Savings: ? $3,233.44
Recovered Product + Fines & Fees: $4,835,448,979,038.08

Black Market & Grey Market Statistics:

Guns & Weapons: $3,474,478,284,381.01
Drugs and Pharmaceuticals: $3,998,029,806,685.00
Extortion & Blackmail: $1,903,823,717,469.05
Counterfeit Goods: $4,759,559,293,672.62
Trafficking & Intl Sales: $1,808,632,531,595.59
Theft & Disappearance: $3,426,882,691,444.28
Counterfeit Currency & Instruments : $3,617,265,063,191.19
Illegal Mining, Logging, and Hunting : $1,332,676,602,228.33
Basic Necessitites : $4,759,559,293,672.62
School Loan Fraud : $4,188,412,178,431.90
Tax Evasion + Barter Trade : $30,803,600,903,501.82

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: $72,669,700,000,000.00 - 50%
Black & Grey Markets Combined: $71,636,281,170,934.47 - 50%
Real Total Economy: $144,305,981,170,934.47          

West Africa Economic Statistics & Links

Gross Regional Product: $1,974,353,918,951,424
Region Wide Imports: $254,225,405,706,240
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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