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: 19,324,000,000
Criminals: 1,942,454,760
Elderly, Disabled, & Retirees: 2,600,235,513
Military & Reserves: ? 811,762,778
Students and Youth: 3,385,564,800
Unemployed but Able: 2,939,882,659
Working Class: 7,644,099,490

Federal Republic of Nigeria Government Budget Details

Government Budget: $93,845,786,162,783.84
Government Expenditures: $92,907,328,301,156.00
Goverment Waste: $938,457,861,627.84
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,858,146,566,023.12 2%
Social Welfare: $9,290,732,830,115.60 10%
Healthcare: $6,503,512,981,080.92 7%
Education: $17,652,392,377,219.64 19%
Religion & Spirituality: $8,361,659,547,104.04 9%
Defense: $14,865,172,528,184.96 16%
Law & Order: $8,361,659,547,104.04 9%
Commerce: $7,432,586,264,092.48 8%
Public Transport: $1,858,146,566,023.12 2%
The Environment: $5,574,439,698,069.36 6%
Social Equality: $10,219,806,113,127.16 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $81,082,600,000,000.00
GDP Per Capita: $4,195.95
Average Salary Per Employee: $7,744.11
Unemployment Rate: 21.86%
Consumption: $273,631,366,506,086.38
Exports: $42,655,025,725,440.00
Imports: $44,055,706,730,496.00
Trade Net: -1,400,681,005,056.00

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

Black & Grey Markets Combined: $79,229,600,591,657.84
Avg Annual Criminal's Income / Savings: ? $3,237.17
Recovered Product + Fines & Fees: $5,347,998,039,936.91

Black Market & Grey Market Statistics:

Guns & Weapons: $3,842,766,852,721.39
Drugs and Pharmaceuticals: $4,421,813,912,720.50
Extortion & Blackmail: $2,105,625,672,724.05
Counterfeit Goods: $5,264,064,181,810.12
Trafficking & Intl Sales: $2,000,344,389,087.84
Theft & Disappearance: $3,790,126,210,903.28
Counterfeit Currency & Instruments : $4,000,688,778,175.69
Illegal Mining, Logging, and Hunting : $1,473,937,970,906.83
Basic Necessitites : $5,264,064,181,810.12
School Loan Fraud : $4,632,376,479,992.90
Tax Evasion + Barter Trade : $34,068,728,254,412.87

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: $81,082,600,000,000.00 - 51%
Black & Grey Markets Combined: $79,229,600,591,657.84 - 49%
Real Total Economy: $160,312,200,591,657.84          

West Africa Economic Statistics & Links

Gross Regional Product: $1,614,941,660,381,184
Region Wide Imports: $211,465,952,821,248
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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