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: 19,458,000,000
Criminals: 1,956,211,268
Elderly, Disabled, & Retirees: 2,618,266,797
Military & Reserves: ? 817,343,853
Students and Youth: 3,409,041,600
Unemployed but Able: 2,960,481,867
Working Class: 7,696,654,615

Federal Republic of Nigeria Government Budget Details

Government Budget: $94,496,548,158,701.58
Government Expenditures: $93,551,582,677,114.56
Goverment Waste: $944,965,481,587.02
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,871,031,653,542.29 2%
Social Welfare: $9,355,158,267,711.46 10%
Healthcare: $6,548,610,787,398.02 7%
Education: $17,774,800,708,651.77 19%
Religion & Spirituality: $8,419,642,440,940.31 9%
Defense: $14,968,253,228,338.33 16%
Law & Order: $8,419,642,440,940.31 9%
Commerce: $7,484,126,614,169.17 8%
Public Transport: $1,871,031,653,542.29 2%
The Environment: $5,613,094,960,626.87 6%
Social Equality: $10,290,674,094,482.60 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $81,554,000,000,000.00
GDP Per Capita: $4,191.28
Average Salary Per Employee: $7,735.95
Unemployment Rate: 21.86%
Consumption: $275,528,829,370,368.00
Exports: $42,859,981,045,760.00
Imports: $44,361,207,250,944.00
Trade Net: -1,501,226,205,184.00

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

Black & Grey Markets Combined: $79,779,008,456,677.55
Avg Annual Criminal's Income / Savings: ? $3,236.70
Recovered Product + Fines & Fees: $5,385,083,070,825.73

Black Market & Grey Market Statistics:

Guns & Weapons: $3,869,414,044,131.62
Drugs and Pharmaceuticals: $4,452,476,434,343.23
Extortion & Blackmail: $2,120,226,873,496.78
Counterfeit Goods: $5,300,567,183,741.94
Trafficking & Intl Sales: $2,014,215,529,821.94
Theft & Disappearance: $3,816,408,372,294.20
Counterfeit Currency & Instruments : $4,028,431,059,643.88
Illegal Mining, Logging, and Hunting : $1,484,158,811,447.74
Basic Necessitites : $5,300,567,183,741.94
School Loan Fraud : $4,664,499,121,692.91
Tax Evasion + Barter Trade : $34,304,973,636,371.34

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: $81,554,000,000,000.00 - 51%
Black & Grey Markets Combined: $79,779,008,456,677.55 - 49%
Real Total Economy: $161,333,008,456,677.56          

West Africa Economic Statistics & Links

Gross Regional Product: $1,626,125,084,131,328
Region Wide Imports: $212,480,051,642,368
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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