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: 20,281,000,000
Criminals: 2,041,043,516
Elderly, Disabled, & Retirees: 2,729,011,481
Military & Reserves: ? 851,564,303
Students and Youth: 3,553,231,200
Unemployed but Able: 3,087,252,311
Working Class: 8,018,897,189

Federal Republic of Nigeria Government Budget Details

Government Budget: $98,493,398,417,229.75
Government Expenditures: $97,508,464,433,057.45
Goverment Waste: $984,933,984,172.30
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,950,169,288,661.15 2%
Social Welfare: $9,750,846,443,305.75 10%
Healthcare: $6,825,592,510,314.02 7%
Education: $18,526,608,242,280.92 19%
Religion & Spirituality: $8,775,761,798,975.17 9%
Defense: $15,601,354,309,289.19 16%
Law & Order: $8,775,761,798,975.17 9%
Commerce: $7,800,677,154,644.60 8%
Public Transport: $1,950,169,288,661.15 2%
The Environment: $5,850,507,865,983.45 6%
Social Equality: $10,725,931,087,636.32 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $84,341,000,000,000.00
GDP Per Capita: $4,158.62
Average Salary Per Employee: $7,678.82
Unemployment Rate: 21.90%
Consumption: $287,182,667,466,670.06
Exports: $44,010,392,780,800.00
Imports: $46,237,516,562,432.00
Trade Net: -2,227,123,781,632.00

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

Black & Grey Markets Combined: $83,153,361,877,922.92
Avg Annual Criminal's Income / Savings: ? $3,233.38
Recovered Product + Fines & Fees: $5,612,851,926,759.80

Black Market & Grey Market Statistics:

Guns & Weapons: $4,033,075,773,834.87
Drugs and Pharmaceuticals: $4,640,799,520,577.11
Extortion & Blackmail: $2,209,904,533,608.15
Counterfeit Goods: $5,524,761,334,020.37
Trafficking & Intl Sales: $2,099,409,306,927.74
Theft & Disappearance: $3,977,828,160,494.67
Counterfeit Currency & Instruments : $4,198,818,613,855.48
Illegal Mining, Logging, and Hunting : $1,546,933,173,525.70
Basic Necessitites : $5,524,761,334,020.37
School Loan Fraud : $4,861,789,973,937.93
Tax Evasion + Barter Trade : $35,755,945,607,506.86

Federal Republic of Nigeria Total Market Statistics ?

National Currency: Naira
Exchange Rates: 1 Naira = $0.39
  $1 = 2.54 Nairas
  Regional Exchange Rates
Gross Domestic Product: $84,341,000,000,000.00 - 50%
Black & Grey Markets Combined: $83,153,361,877,922.92 - 50%
Real Total Economy: $167,494,361,877,922.94          

West Africa Economic Statistics & Links

Gross Regional Product: $1,744,955,420,704,768
Region Wide Imports: $224,626,319,818,752
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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