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: 19,861,000,000
Criminals: 1,998,822,159
Elderly, Disabled, & Retirees: 2,672,496,320
Military & Reserves: ? 833,921,411
Students and Youth: 3,479,647,200
Unemployed but Able: 3,023,352,953
Working Class: 7,852,759,956

Federal Republic of Nigeria Government Budget Details

Government Budget: $96,453,696,494,701.12
Government Expenditures: $95,489,159,529,754.11
Goverment Waste: $964,536,964,947.02
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,909,783,190,595.08 2%
Social Welfare: $9,548,915,952,975.41 10%
Healthcare: $6,684,241,167,082.79 7%
Education: $18,142,940,310,653.28 19%
Religion & Spirituality: $8,594,024,357,677.87 9%
Defense: $15,278,265,524,760.66 16%
Law & Order: $8,594,024,357,677.87 9%
Commerce: $7,639,132,762,380.33 8%
Public Transport: $1,909,783,190,595.08 2%
The Environment: $5,729,349,571,785.25 6%
Social Equality: $10,503,807,548,272.95 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $82,579,600,000,000.00
GDP Per Capita: $4,157.88
Average Salary Per Employee: $7,677.52
Unemployment Rate: 21.90%
Consumption: $281,235,395,381,821.44
Exports: $43,084,113,641,472.00
Imports: $45,279,982,125,056.00
Trade Net: -2,195,868,483,584.00

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

Black & Grey Markets Combined: $81,431,337,104,560.58
Avg Annual Criminal's Income / Savings: ? $3,233.31
Recovered Product + Fines & Fees: $5,496,615,254,557.84

Black Market & Grey Market Statistics:

Guns & Weapons: $3,949,554,720,223.27
Drugs and Pharmaceuticals: $4,544,693,102,722.66
Extortion & Blackmail: $2,164,139,572,725.08
Counterfeit Goods: $5,410,348,931,812.69
Trafficking & Intl Sales: $2,055,932,594,088.82
Theft & Disappearance: $3,895,451,230,905.14
Counterfeit Currency & Instruments : $4,111,865,188,177.65
Illegal Mining, Logging, and Hunting : $1,514,897,700,907.55
Basic Necessitites : $5,410,348,931,812.69
School Loan Fraud : $4,761,107,059,995.17
Tax Evasion + Barter Trade : $35,015,474,954,961.05

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: $82,579,600,000,000.00 - 50%
Black & Grey Markets Combined: $81,431,337,104,560.58 - 50%
Real Total Economy: $164,010,937,104,560.56          

West Africa Economic Statistics & Links

Gross Regional Product: $1,708,621,607,993,344
Region Wide Imports: $219,873,233,862,656
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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