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: 18,383,000,000
Criminals: 1,847,623,404
Elderly, Disabled, & Retirees: 2,473,614,430
Military & Reserves: ? 772,273,698
Students and Youth: 3,220,701,600
Unemployed but Able: 2,796,542,878
Working Class: 7,272,243,989

Federal Republic of Nigeria Government Budget Details

Government Budget: $89,275,874,813,316.97
Government Expenditures: $88,383,116,065,183.80
Goverment Waste: $892,758,748,133.17
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,767,662,321,303.68 2%
Social Welfare: $8,838,311,606,518.38 10%
Healthcare: $6,186,818,124,562.87 7%
Education: $16,792,792,052,384.92 19%
Religion & Spirituality: $7,954,480,445,866.54 9%
Defense: $14,141,298,570,429.41 16%
Law & Order: $7,954,480,445,866.54 9%
Commerce: $7,070,649,285,214.70 8%
Public Transport: $1,767,662,321,303.68 2%
The Environment: $5,302,986,963,911.03 6%
Social Equality: $9,722,142,767,170.22 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $77,210,800,000,000.00
GDP Per Capita: $4,200.12
Average Salary Per Employee: $7,751.40
Unemployment Rate: 21.86%
Consumption: $260,306,622,386,012.16
Exports: $40,654,474,051,584.00
Imports: $41,910,374,760,448.00
Trade Net: -1,255,900,708,864.00

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

Black & Grey Markets Combined: $75,371,438,539,187.00
Avg Annual Criminal's Income / Savings: ? $3,237.60
Recovered Product + Fines & Fees: $5,087,572,101,395.12

Black Market & Grey Market Statistics:

Guns & Weapons: $3,655,639,603,095.65
Drugs and Pharmaceuticals: $4,206,489,406,301.84
Extortion & Blackmail: $2,003,090,193,477.07
Counterfeit Goods: $5,007,725,483,692.67
Trafficking & Intl Sales: $1,902,935,683,803.22
Theft & Disappearance: $3,605,562,348,258.72
Counterfeit Currency & Instruments : $3,805,871,367,606.43
Illegal Mining, Logging, and Hunting : $1,402,163,135,433.95
Basic Necessitites : $5,007,725,483,692.67
School Loan Fraud : $4,406,798,425,649.55
Tax Evasion + Barter Trade : $32,409,718,571,850.41

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: $77,210,800,000,000.00 - 51%
Black & Grey Markets Combined: $75,371,438,539,187.00 - 49%
Real Total Economy: $152,582,238,539,187.00          

West Africa Economic Statistics & Links

Gross Regional Product: $1,428,764,760,211,456
Region Wide Imports: $187,440,375,529,472
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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