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: 19,418,000,000
Criminals: 1,952,045,451
Elderly, Disabled, & Retirees: 2,612,884,271
Military & Reserves: ? 815,687,801
Students and Youth: 3,402,033,600
Unemployed but Able: 2,954,288,747
Working Class: 7,681,060,129

Federal Republic of Nigeria Government Budget Details

Government Budget: $94,302,286,229,557.73
Government Expenditures: $93,359,263,367,262.16
Goverment Waste: $943,022,862,295.58
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,867,185,267,345.24 2%
Social Welfare: $9,335,926,336,726.22 10%
Healthcare: $6,535,148,435,708.35 7%
Education: $17,738,260,039,779.81 19%
Religion & Spirituality: $8,402,333,703,053.59 9%
Defense: $14,937,482,138,761.95 16%
Law & Order: $8,402,333,703,053.59 9%
Commerce: $7,468,741,069,380.97 8%
Public Transport: $1,867,185,267,345.24 2%
The Environment: $5,601,555,802,035.73 6%
Social Equality: $10,269,518,970,398.84 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $81,432,100,000,000.00
GDP Per Capita: $4,193.64
Average Salary Per Employee: $7,740.07
Unemployment Rate: 21.86%
Consumption: $274,962,409,083,371.50
Exports: $42,817,559,330,816.00
Imports: $44,270,010,499,072.00
Trade Net: -1,452,451,168,256.00

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

Black & Grey Markets Combined: $79,615,002,211,053.12
Avg Annual Criminal's Income / Savings: ? $3,236.94
Recovered Product + Fines & Fees: $5,374,012,649,246.09

Black Market & Grey Market Statistics:

Guns & Weapons: $3,861,459,469,583.49
Drugs and Pharmaceuticals: $4,443,323,225,274.15
Extortion & Blackmail: $2,115,868,202,511.50
Counterfeit Goods: $5,289,670,506,278.75
Trafficking & Intl Sales: $2,010,074,792,385.93
Theft & Disappearance: $3,808,562,764,520.70
Counterfeit Currency & Instruments : $4,020,149,584,771.85
Illegal Mining, Logging, and Hunting : $1,481,107,741,758.05
Basic Necessitites : $5,289,670,506,278.75
School Loan Fraud : $4,654,910,045,525.30
Tax Evasion + Barter Trade : $34,234,450,950,752.84

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: $81,432,100,000,000.00 - 51%
Black & Grey Markets Combined: $79,615,002,211,053.12 - 49%
Real Total Economy: $161,047,102,211,053.12          

West Africa Economic Statistics & Links

Gross Regional Product: $1,622,555,697,872,896
Region Wide Imports: $212,240,120,676,352
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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