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: 19,540,000,000
Criminals: 1,964,450,047
Elderly, Disabled, & Retirees: 2,629,300,705
Military & Reserves: ? 820,789,161
Students and Youth: 3,423,408,000
Unemployed but Able: 2,972,954,160
Working Class: 7,729,097,928

Federal Republic of Nigeria Government Budget Details

Government Budget: $94,894,777,380,089.38
Government Expenditures: $93,945,829,606,288.48
Goverment Waste: $948,947,773,800.89
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,878,916,592,125.77 2%
Social Welfare: $9,394,582,960,628.85 10%
Healthcare: $6,576,208,072,440.19 7%
Education: $17,849,707,625,194.81 19%
Religion & Spirituality: $8,455,124,664,565.96 9%
Defense: $15,031,332,737,006.16 16%
Law & Order: $8,455,124,664,565.96 9%
Commerce: $7,515,666,368,503.08 8%
Public Transport: $1,878,916,592,125.77 2%
The Environment: $5,636,749,776,377.31 6%
Social Equality: $10,334,041,256,691.73 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $81,899,300,000,000.00
GDP Per Capita: $4,191.37
Average Salary Per Employee: $7,736.10
Unemployment Rate: 21.86%
Consumption: $276,689,968,410,132.47
Exports: $43,042,163,261,440.00
Imports: $44,548,151,574,528.00
Trade Net: -1,505,988,313,088.00

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

Black & Grey Markets Combined: $80,115,214,731,296.55
Avg Annual Criminal's Income / Savings: ? $3,236.71
Recovered Product + Fines & Fees: $5,407,776,994,362.52

Black Market & Grey Market Statistics:

Guns & Weapons: $3,885,720,605,292.28
Drugs and Pharmaceuticals: $4,471,240,148,555.50
Extortion & Blackmail: $2,129,161,975,502.62
Counterfeit Goods: $5,322,904,938,756.55
Trafficking & Intl Sales: $2,022,703,876,727.49
Theft & Disappearance: $3,832,491,555,904.72
Counterfeit Currency & Instruments : $4,045,407,753,454.98
Illegal Mining, Logging, and Hunting : $1,490,413,382,851.83
Basic Necessitites : $5,322,904,938,756.55
School Loan Fraud : $4,684,156,346,105.76
Tax Evasion + Barter Trade : $34,449,542,334,457.52

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: $81,899,300,000,000.00 - 51%
Black & Grey Markets Combined: $80,115,214,731,296.55 - 49%
Real Total Economy: $162,014,514,731,296.56          

West Africa Economic Statistics & Links

Gross Regional Product: $1,632,946,163,286,016
Region Wide Imports: $213,379,075,538,944
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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