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: 18,309,000,000
Criminals: 1,840,187,739
Elderly, Disabled, & Retirees: 2,463,657,000
Military & Reserves: ? 769,164,630
Students and Youth: 3,207,736,800
Unemployed but Able: 2,785,286,896
Working Class: 7,242,966,934

Federal Republic of Nigeria Government Budget Details

Government Budget: $88,916,505,711,114.98
Government Expenditures: $88,027,340,654,003.83
Goverment Waste: $889,165,057,111.16
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,760,546,813,080.08 2%
Social Welfare: $8,802,734,065,400.38 10%
Healthcare: $6,161,913,845,780.27 7%
Education: $16,725,194,724,260.73 19%
Religion & Spirituality: $7,922,460,658,860.34 9%
Defense: $14,084,374,504,640.61 16%
Law & Order: $7,922,460,658,860.34 9%
Commerce: $7,042,187,252,320.31 8%
Public Transport: $1,760,546,813,080.08 2%
The Environment: $5,281,640,439,240.23 6%
Social Equality: $9,683,007,471,940.42 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $76,899,400,000,000.00
GDP Per Capita: $4,200.09
Average Salary Per Employee: $7,751.34
Unemployment Rate: 21.86%
Consumption: $259,258,789,952,225.28
Exports: $40,490,288,021,504.00
Imports: $41,741,663,076,352.00
Trade Net: -1,251,375,054,848.00

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

Black & Grey Markets Combined: $75,068,040,042,603.92
Avg Annual Criminal's Income / Savings: ? $3,237.59
Recovered Product + Fines & Fees: $5,067,092,702,875.76

Black Market & Grey Market Statistics:

Guns & Weapons: $3,640,924,273,507.61
Drugs and Pharmaceuticals: $4,189,556,698,282.73
Extortion & Blackmail: $1,995,026,999,182.25
Counterfeit Goods: $4,987,567,497,955.63
Trafficking & Intl Sales: $1,895,275,649,223.14
Theft & Disappearance: $3,591,048,598,528.05
Counterfeit Currency & Instruments : $3,790,551,298,446.28
Illegal Mining, Logging, and Hunting : $1,396,518,899,427.58
Basic Necessitites : $4,987,567,497,955.63
School Loan Fraud : $4,389,059,398,200.96
Tax Evasion + Barter Trade : $32,279,257,218,319.69

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: $76,899,400,000,000.00 - 51%
Black & Grey Markets Combined: $75,068,040,042,603.92 - 49%
Real Total Economy: $151,967,440,042,603.94          

West Africa Economic Statistics & Links

Gross Regional Product: $1,425,229,733,691,392
Region Wide Imports: $186,974,136,696,832
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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