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: 19,791,000,000
Criminals: 1,989,669,866
Elderly, Disabled, & Retirees: 2,663,075,231
Military & Reserves: ? 831,334,976
Students and Youth: 3,467,383,200
Unemployed but Able: 3,011,132,375
Working Class: 7,828,404,353

Federal Republic of Nigeria Government Budget Details

Government Budget: $96,113,738,118,699.44
Government Expenditures: $95,152,600,737,512.44
Goverment Waste: $961,137,381,187.00
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,903,052,014,750.25 2%
Social Welfare: $9,515,260,073,751.24 10%
Healthcare: $6,660,682,051,625.87 7%
Education: $18,078,994,140,127.36 19%
Religion & Spirituality: $8,563,734,066,376.12 9%
Defense: $15,224,416,118,001.99 16%
Law & Order: $8,563,734,066,376.12 9%
Commerce: $7,612,208,059,001.00 8%
Public Transport: $1,903,052,014,750.25 2%
The Environment: $5,709,156,044,250.75 6%
Social Equality: $10,466,786,081,126.37 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $82,955,900,000,000.00
GDP Per Capita: $4,191.60
Average Salary Per Employee: $7,736.50
Unemployment Rate: 21.86%
Consumption: $280,244,159,879,577.59
Exports: $43,599,651,930,112.00
Imports: $45,120,393,052,160.00
Trade Net: -1,520,741,122,048.00

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

Black & Grey Markets Combined: $81,144,326,174,717.84
Avg Annual Criminal's Income / Savings: ? $3,236.73
Recovered Product + Fines & Fees: $5,477,242,016,793.46

Black Market & Grey Market Statistics:

Guns & Weapons: $3,935,634,214,764.04
Drugs and Pharmaceuticals: $4,528,674,986,851.77
Extortion & Blackmail: $2,156,511,898,500.85
Counterfeit Goods: $5,391,279,746,252.11
Trafficking & Intl Sales: $2,048,686,303,575.80
Theft & Disappearance: $3,881,721,417,301.52
Counterfeit Currency & Instruments : $4,097,372,607,151.61
Illegal Mining, Logging, and Hunting : $1,509,558,328,950.59
Basic Necessitites : $5,391,279,746,252.11
School Loan Fraud : $4,744,326,176,701.86
Tax Evasion + Barter Trade : $34,892,060,255,128.67

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: $82,955,900,000,000.00 - 51%
Black & Grey Markets Combined: $81,144,326,174,717.84 - 49%
Real Total Economy: $164,100,226,174,717.84          

West Africa Economic Statistics & Links

Gross Regional Product: $1,653,726,288,805,888
Region Wide Imports: $216,117,217,853,440
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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