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: 18,843,000,000
Criminals: 1,894,130,511
Elderly, Disabled, & Retirees: 2,535,512,225
Military & Reserves: ? 791,552,569
Students and Youth: 3,301,293,600
Unemployed but Able: 2,866,724,405
Working Class: 7,453,786,691

Federal Republic of Nigeria Government Budget Details

Government Budget: $91,509,838,664,989.42
Government Expenditures: $90,594,740,278,339.53
Goverment Waste: $915,098,386,649.89
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,811,894,805,566.79 2%
Social Welfare: $9,059,474,027,833.95 10%
Healthcare: $6,341,631,819,483.77 7%
Education: $17,213,000,652,884.51 19%
Religion & Spirituality: $8,153,526,625,050.56 9%
Defense: $14,495,158,444,534.33 16%
Law & Order: $8,153,526,625,050.56 9%
Commerce: $7,247,579,222,267.16 8%
Public Transport: $1,811,894,805,566.79 2%
The Environment: $5,435,684,416,700.37 6%
Social Equality: $9,965,421,430,617.35 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $79,056,100,000,000.00
GDP Per Capita: $4,195.52
Average Salary Per Employee: $7,743.35
Unemployment Rate: 21.86%
Consumption: $266,820,314,757,857.28
Exports: $41,585,069,391,872.00
Imports: $42,959,101,755,392.00
Trade Net: -1,374,032,363,520.00

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

Black & Grey Markets Combined: $77,257,469,558,173.75
Avg Annual Criminal's Income / Savings: ? $3,237.13
Recovered Product + Fines & Fees: $5,214,879,195,176.73

Black Market & Grey Market Statistics:

Guns & Weapons: $3,747,115,231,255.38
Drugs and Pharmaceuticals: $4,311,749,033,225.37
Extortion & Blackmail: $2,053,213,825,345.42
Counterfeit Goods: $5,133,034,563,363.54
Trafficking & Intl Sales: $1,950,553,134,078.14
Theft & Disappearance: $3,695,784,885,621.75
Counterfeit Currency & Instruments : $3,901,106,268,156.29
Illegal Mining, Logging, and Hunting : $1,437,249,677,741.79
Basic Necessitites : $5,133,034,563,363.54
School Loan Fraud : $4,517,070,415,759.91
Tax Evasion + Barter Trade : $33,220,711,910,014.71

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: $79,056,100,000,000.00 - 51%
Black & Grey Markets Combined: $77,257,469,558,173.75 - 49%
Real Total Economy: $156,313,569,558,173.75          

West Africa Economic Statistics & Links

Gross Regional Product: $1,575,404,204,720,128
Region Wide Imports: $206,248,037,318,656
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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