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: 17,838,000,000
Criminals: 1,789,601,436
Elderly, Disabled, & Retirees: 2,400,276,382
Military & Reserves: ? 749,921,329
Students and Youth: 3,125,217,600
Unemployed but Able: 2,711,224,066
Working Class: 7,061,759,186

Federal Republic of Nigeria Government Budget Details

Government Budget: $86,629,123,695,606.50
Government Expenditures: $85,762,832,458,650.44
Goverment Waste: $866,291,236,956.06
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,715,256,649,173.01 2%
Social Welfare: $8,576,283,245,865.04 10%
Healthcare: $6,003,398,272,105.53 7%
Education: $16,294,938,167,143.58 19%
Religion & Spirituality: $7,718,654,921,278.54 9%
Defense: $13,722,053,193,384.07 16%
Law & Order: $7,718,654,921,278.54 9%
Commerce: $6,861,026,596,692.04 8%
Public Transport: $1,715,256,649,173.01 2%
The Environment: $5,145,769,947,519.03 6%
Social Equality: $9,433,911,570,451.55 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $75,950,900,000,000.00
GDP Per Capita: $4,257.81
Average Salary Per Employee: $7,852.18
Unemployment Rate: 21.80%
Consumption: $252,589,343,275,745.28
Exports: $40,478,395,514,880.00
Imports: $40,667,858,337,792.00
Trade Net: -189,462,822,912.00

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

Black & Grey Markets Combined: $73,136,910,570,525.95
Avg Annual Criminal's Income / Savings: ? $3,243.47
Recovered Product + Fines & Fees: $4,936,741,463,510.50

Black Market & Grey Market Statistics:

Guns & Weapons: $3,547,261,295,678.64
Drugs and Pharmaceuticals: $4,081,780,121,054.87
Extortion & Blackmail: $1,943,704,819,549.94
Counterfeit Goods: $4,859,262,048,874.85
Trafficking & Intl Sales: $1,846,519,578,572.44
Theft & Disappearance: $3,498,668,675,189.89
Counterfeit Currency & Instruments : $3,693,039,157,144.89
Illegal Mining, Logging, and Hunting : $1,360,593,373,684.96
Basic Necessitites : $4,859,262,048,874.85
School Loan Fraud : $4,276,150,603,009.87
Tax Evasion + Barter Trade : $31,448,871,545,326.16

Federal Republic of Nigeria Total Market Statistics ?

National Currency: Naira
Exchange Rates: 1 Naira = $0.40
  $1 = 2.52 Nairas
  Regional Exchange Rates
Gross Domestic Product: $75,950,900,000,000.00 - 51%
Black & Grey Markets Combined: $73,136,910,570,525.95 - 49%
Real Total Economy: $149,087,810,570,525.94          

West Africa Economic Statistics & Links

Gross Regional Product: $1,990,744,722,112,512
Region Wide Imports: $267,980,457,902,080
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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