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: 19,583,000,000
Criminals: 1,968,770,609
Elderly, Disabled, & Retirees: 2,635,086,779
Military & Reserves: ? 822,595,808
Students and Youth: 3,430,941,600
Unemployed but Able: 2,979,494,677
Working Class: 7,746,110,527

Federal Republic of Nigeria Government Budget Details

Government Budget: $95,103,607,020,579.73
Government Expenditures: $94,152,570,950,373.94
Goverment Waste: $951,036,070,205.80
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,883,051,419,007.48 2%
Social Welfare: $9,415,257,095,037.40 10%
Healthcare: $6,590,679,966,526.18 7%
Education: $17,888,988,480,571.05 19%
Religion & Spirituality: $8,473,731,385,533.65 9%
Defense: $15,064,411,352,059.83 16%
Law & Order: $8,473,731,385,533.65 9%
Commerce: $7,532,205,676,029.92 8%
Public Transport: $1,883,051,419,007.48 2%
The Environment: $5,649,154,257,022.44 6%
Social Equality: $10,356,782,804,541.13 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $82,080,300,000,000.00
GDP Per Capita: $4,191.41
Average Salary Per Employee: $7,736.16
Unemployment Rate: 21.86%
Consumption: $277,298,864,581,509.12
Exports: $43,137,650,524,160.00
Imports: $44,646,185,041,920.00
Trade Net: -1,508,534,517,760.00

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

Black & Grey Markets Combined: $80,291,519,813,115.05
Avg Annual Criminal's Income / Savings: ? $3,236.71
Recovered Product + Fines & Fees: $5,419,677,587,385.27

Black Market & Grey Market Statistics:

Guns & Weapons: $3,894,271,693,765.77
Drugs and Pharmaceuticals: $4,481,079,757,209.93
Extortion & Blackmail: $2,133,847,503,433.30
Counterfeit Goods: $5,334,618,758,583.25
Trafficking & Intl Sales: $2,027,155,128,261.63
Theft & Disappearance: $3,840,925,506,179.94
Counterfeit Currency & Instruments : $4,054,310,256,523.27
Illegal Mining, Logging, and Hunting : $1,493,693,252,403.31
Basic Necessitites : $5,334,618,758,583.25
School Loan Fraud : $4,694,464,507,553.26
Tax Evasion + Barter Trade : $34,525,353,519,639.47

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: $82,080,300,000,000.00 - 51%
Black & Grey Markets Combined: $80,291,519,813,115.05 - 49%
Real Total Economy: $162,371,819,813,115.06          

West Africa Economic Statistics & Links

Gross Regional Product: $1,636,390,995,492,864
Region Wide Imports: $213,833,016,672,256
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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