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: 19,993,000,000
Criminals: 2,012,092,622
Elderly, Disabled, & Retirees: 2,690,258,228
Military & Reserves: ? 839,466,171
Students and Youth: 3,502,773,600
Unemployed but Able: 3,043,436,272
Working Class: 7,904,973,107

Federal Republic of Nigeria Government Budget Details

Government Budget: $97,094,743,460,822.41
Government Expenditures: $96,123,796,026,214.19
Goverment Waste: $970,947,434,608.22
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,922,475,920,524.28 2%
Social Welfare: $9,612,379,602,621.42 10%
Healthcare: $6,728,665,721,834.99 7%
Education: $18,263,521,244,980.70 19%
Religion & Spirituality: $8,651,141,642,359.28 9%
Defense: $15,379,807,364,194.27 16%
Law & Order: $8,651,141,642,359.28 9%
Commerce: $7,689,903,682,097.14 8%
Public Transport: $1,922,475,920,524.28 2%
The Environment: $5,767,427,761,572.85 6%
Social Equality: $10,573,617,562,883.56 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $83,132,900,000,000.00
GDP Per Capita: $4,158.10
Average Salary Per Employee: $7,677.91
Unemployment Rate: 21.90%
Consumption: $283,104,531,594,608.62
Exports: $43,374,985,084,928.00
Imports: $45,580,923,437,056.00
Trade Net: -2,205,938,352,128.00

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

Black & Grey Markets Combined: $81,972,543,025,071.30
Avg Annual Criminal's Income / Savings: ? $3,233.33
Recovered Product + Fines & Fees: $5,533,146,654,192.31

Black Market & Grey Market Statistics:

Guns & Weapons: $3,975,804,103,740.34
Drugs and Pharmaceuticals: $4,574,897,872,797.11
Extortion & Blackmail: $2,178,522,796,570.05
Counterfeit Goods: $5,446,306,991,425.13
Trafficking & Intl Sales: $2,069,596,656,741.55
Theft & Disappearance: $3,921,341,033,826.09
Counterfeit Currency & Instruments : $4,139,193,313,483.10
Illegal Mining, Logging, and Hunting : $1,524,965,957,599.04
Basic Necessitites : $5,446,306,991,425.13
School Loan Fraud : $4,792,750,152,454.11
Tax Evasion + Barter Trade : $35,248,193,500,780.66

Federal Republic of Nigeria Total Market Statistics ?

National Currency: Naira
Exchange Rates: 1 Naira = $0.39
  $1 = 2.55 Nairas
  Regional Exchange Rates
Gross Domestic Product: $83,132,900,000,000.00 - 50%
Black & Grey Markets Combined: $81,972,543,025,071.30 - 50%
Real Total Economy: $165,105,443,025,071.31          

West Africa Economic Statistics & Links

Gross Regional Product: $1,720,217,214,386,176
Region Wide Imports: $221,388,518,457,344
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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