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: 18,172,000,000
Criminals: 1,826,420,729
Elderly, Disabled, & Retirees: 2,445,222,298
Military & Reserves: ? 763,408,817
Students and Youth: 3,183,734,400
Unemployed but Able: 2,764,447,391
Working Class: 7,188,766,365

Federal Republic of Nigeria Government Budget Details

Government Budget: $88,251,166,337,154.44
Government Expenditures: $87,368,654,673,782.89
Goverment Waste: $882,511,663,371.55
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,747,373,093,475.66 2%
Social Welfare: $8,736,865,467,378.29 10%
Healthcare: $6,115,805,827,164.80 7%
Education: $16,600,044,388,018.75 19%
Religion & Spirituality: $7,863,178,920,640.46 9%
Defense: $13,978,984,747,805.26 16%
Law & Order: $7,863,178,920,640.46 9%
Commerce: $6,989,492,373,902.63 8%
Public Transport: $1,747,373,093,475.66 2%
The Environment: $5,242,119,280,426.97 6%
Social Equality: $9,610,552,014,116.12 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $76,323,200,000,000.00
GDP Per Capita: $4,200.04
Average Salary Per Employee: $7,751.27
Unemployment Rate: 21.86%
Consumption: $257,318,823,017,840.62
Exports: $40,186,480,164,864.00
Imports: $41,429,325,840,384.00
Trade Net: -1,242,845,675,520.00

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

Black & Grey Markets Combined: $74,506,325,180,251.33
Avg Annual Criminal's Income / Savings: ? $3,237.59
Recovered Product + Fines & Fees: $5,029,176,949,666.97

Black Market & Grey Market Statistics:

Guns & Weapons: $3,613,680,172,343.27
Drugs and Pharmaceuticals: $4,158,207,321,600.47
Extortion & Blackmail: $1,980,098,724,571.65
Counterfeit Goods: $4,950,246,811,429.14
Trafficking & Intl Sales: $1,881,093,788,343.07
Theft & Disappearance: $3,564,177,704,228.98
Counterfeit Currency & Instruments : $3,762,187,576,686.14
Illegal Mining, Logging, and Hunting : $1,386,069,107,200.16
Basic Necessitites : $4,950,246,811,429.14
School Loan Fraud : $4,356,217,194,057.64
Tax Evasion + Barter Trade : $32,037,719,827,508.07

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: $76,323,200,000,000.00 - 51%
Black & Grey Markets Combined: $74,506,325,180,251.33 - 49%
Real Total Economy: $150,829,525,180,251.31          

West Africa Economic Statistics & Links

Gross Regional Product: $1,417,985,734,475,776
Region Wide Imports: $186,019,966,091,264
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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