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: 17,409,000,000
Criminals: 1,752,498,545
Elderly, Disabled, & Retirees: 2,342,555,581
Military & Reserves: ? 730,892,295
Students and Youth: 3,050,056,800
Unemployed but Able: 2,650,427,670
Working Class: 6,882,569,110

Federal Republic of Nigeria Government Budget Details

Government Budget: $84,545,708,972,341.98
Government Expenditures: $83,700,251,882,618.56
Goverment Waste: $845,457,089,723.42
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,674,005,037,652.37 2%
Social Welfare: $8,370,025,188,261.86 10%
Healthcare: $5,859,017,631,783.30 7%
Education: $15,903,047,857,697.53 19%
Religion & Spirituality: $7,533,022,669,435.67 9%
Defense: $13,392,040,301,218.97 16%
Law & Order: $7,533,022,669,435.67 9%
Commerce: $6,696,020,150,609.49 8%
Public Transport: $1,674,005,037,652.37 2%
The Environment: $5,022,015,112,957.11 6%
Social Equality: $9,207,027,707,088.04 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $72,243,000,000,000.00
GDP Per Capita: $4,149.75
Average Salary Per Employee: $7,663.30
Unemployment Rate: 21.91%
Consumption: $246,514,615,352,033.28
Exports: $37,623,547,559,936.00
Imports: $39,689,805,365,248.00
Trade Net: -2,066,257,805,312.00

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

Black & Grey Markets Combined: $71,377,981,127,442.58
Avg Annual Criminal's Income / Savings: ? $3,232.48
Recovered Product + Fines & Fees: $4,818,013,726,102.37

Black Market & Grey Market Statistics:

Guns & Weapons: $3,461,950,304,462.21
Drugs and Pharmaceuticals: $3,983,614,048,970.21
Extortion & Blackmail: $1,896,959,070,938.20
Counterfeit Goods: $4,742,397,677,345.49
Trafficking & Intl Sales: $1,802,111,117,391.29
Theft & Disappearance: $3,414,526,327,688.75
Counterfeit Currency & Instruments : $3,604,222,234,782.57
Illegal Mining, Logging, and Hunting : $1,327,871,349,656.74
Basic Necessitites : $4,742,397,677,345.49
School Loan Fraud : $4,173,309,956,064.03
Tax Evasion + Barter Trade : $30,692,531,884,800.31

Federal Republic of Nigeria Total Market Statistics ?

National Currency: Naira
Exchange Rates: 1 Naira = $0.39
  $1 = 2.55 Nairas
  Regional Exchange Rates
Gross Domestic Product: $72,243,000,000,000.00 - 50%
Black & Grey Markets Combined: $71,377,981,127,442.58 - 50%
Real Total Economy: $143,620,981,127,442.56          

West Africa Economic Statistics & Links

Gross Regional Product: $1,983,482,335,068,160
Region Wide Imports: $254,287,313,633,280
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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