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: 19,202,000,000
Criminals: 1,930,197,573
Elderly, Disabled, & Retirees: 2,583,819,211
Military & Reserves: ? 806,636,747
Students and Youth: 3,364,190,400
Unemployed but Able: 2,921,326,698
Working Class: 7,595,829,371

Federal Republic of Nigeria Government Budget Details

Government Budget: $93,253,304,678,948.55
Government Expenditures: $92,320,771,632,159.06
Goverment Waste: $932,533,046,789.48
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,846,415,432,643.18 2%
Social Welfare: $9,232,077,163,215.91 10%
Healthcare: $6,462,454,014,251.14 7%
Education: $17,540,946,610,110.22 19%
Religion & Spirituality: $8,308,869,446,894.32 9%
Defense: $14,771,323,461,145.45 16%
Law & Order: $8,308,869,446,894.32 9%
Commerce: $7,385,661,730,572.73 8%
Public Transport: $1,846,415,432,643.18 2%
The Environment: $5,539,246,297,929.54 6%
Social Equality: $10,155,284,879,537.50 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $80,568,700,000,000.00
GDP Per Capita: $4,195.85
Average Salary Per Employee: $7,743.93
Unemployment Rate: 21.86%
Consumption: $271,903,835,365,048.31
Exports: $42,383,739,846,656.00
Imports: $43,777,565,655,040.00
Trade Net: -1,393,825,808,384.00

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

Black & Grey Markets Combined: $78,729,396,232,553.20
Avg Annual Criminal's Income / Savings: ? $3,237.16
Recovered Product + Fines & Fees: $5,314,234,245,697.34

Black Market & Grey Market Statistics:

Guns & Weapons: $3,818,506,112,841.34
Drugs and Pharmaceuticals: $4,393,897,444,913.32
Extortion & Blackmail: $2,092,332,116,625.39
Counterfeit Goods: $5,230,830,291,563.48
Trafficking & Intl Sales: $1,987,715,510,794.12
Theft & Disappearance: $3,766,197,809,925.71
Counterfeit Currency & Instruments : $3,975,431,021,588.24
Illegal Mining, Logging, and Hunting : $1,464,632,481,637.77
Basic Necessitites : $5,230,830,291,563.48
School Loan Fraud : $4,603,130,656,575.86
Tax Evasion + Barter Trade : $33,853,640,379,997.88

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: $80,568,700,000,000.00 - 51%
Black & Grey Markets Combined: $78,729,396,232,553.20 - 49%
Real Total Economy: $159,298,096,232,553.19          

West Africa Economic Statistics & Links

Gross Regional Product: $1,604,994,113,470,464
Region Wide Imports: $210,153,521,545,216
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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