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: 19,747,000,000
Criminals: 1,985,249,112
Elderly, Disabled, & Retirees: 2,657,154,597
Military & Reserves: ? 829,486,265
Students and Youth: 3,459,674,400
Unemployed but Able: 3,004,439,966
Working Class: 7,810,995,661

Federal Republic of Nigeria Government Budget Details

Government Budget: $95,900,055,796,659.00
Government Expenditures: $94,941,055,238,692.41
Goverment Waste: $959,000,557,966.59
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,898,821,104,773.85 2%
Social Welfare: $9,494,105,523,869.24 10%
Healthcare: $6,645,873,866,708.47 7%
Education: $18,038,800,495,351.56 19%
Religion & Spirituality: $8,544,694,971,482.32 9%
Defense: $15,190,568,838,190.79 16%
Law & Order: $8,544,694,971,482.32 9%
Commerce: $7,595,284,419,095.39 8%
Public Transport: $1,898,821,104,773.85 2%
The Environment: $5,696,463,314,321.54 6%
Social Equality: $10,443,516,076,256.16 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $82,770,600,000,000.00
GDP Per Capita: $4,191.55
Average Salary Per Employee: $7,736.42
Unemployment Rate: 21.86%
Consumption: $279,621,114,475,315.19
Exports: $43,501,904,986,112.00
Imports: $45,020,082,077,696.00
Trade Net: -1,518,177,091,584.00

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

Black & Grey Markets Combined: $80,963,924,201,214.27
Avg Annual Criminal's Income / Savings: ? $3,236.73
Recovered Product + Fines & Fees: $5,465,064,883,581.96

Black Market & Grey Market Statistics:

Guns & Weapons: $3,926,884,420,258.35
Drugs and Pharmaceuticals: $4,518,606,730,160.29
Extortion & Blackmail: $2,151,717,490,552.52
Counterfeit Goods: $5,379,293,726,381.30
Trafficking & Intl Sales: $2,044,131,616,024.89
Theft & Disappearance: $3,873,091,482,994.54
Counterfeit Currency & Instruments : $4,088,263,232,049.79
Illegal Mining, Logging, and Hunting : $1,506,202,243,386.76
Basic Necessitites : $5,379,293,726,381.30
School Loan Fraud : $4,733,778,479,215.55
Tax Evasion + Barter Trade : $34,814,487,406,522.13

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: $82,770,600,000,000.00 - 51%
Black & Grey Markets Combined: $80,963,924,201,214.27 - 49%
Real Total Economy: $163,734,524,201,214.25          

West Africa Economic Statistics & Links

Gross Regional Product: $1,650,349,907,640,320
Region Wide Imports: $215,671,933,763,584
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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