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: 18,934,000,000
Criminals: 1,903,272,911
Elderly, Disabled, & Retirees: 2,547,757,171
Military & Reserves: ? 795,376,126
Students and Youth: 3,317,236,800
Unemployed but Able: 2,880,565,136
Working Class: 7,489,791,855

Federal Republic of Nigeria Government Budget Details

Government Budget: $91,951,771,020,416.78
Government Expenditures: $91,032,253,310,212.61
Goverment Waste: $919,517,710,204.17
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,820,645,066,204.25 2%
Social Welfare: $9,103,225,331,021.26 10%
Healthcare: $6,372,257,731,714.88 7%
Education: $17,296,128,128,940.40 19%
Religion & Spirituality: $8,192,902,797,919.14 9%
Defense: $14,565,160,529,634.02 16%
Law & Order: $8,192,902,797,919.14 9%
Commerce: $7,282,580,264,817.01 8%
Public Transport: $1,820,645,066,204.25 2%
The Environment: $5,461,935,198,612.76 6%
Social Equality: $10,013,547,864,123.39 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $79,439,500,000,000.00
GDP Per Capita: $4,195.60
Average Salary Per Employee: $7,743.50
Unemployment Rate: 21.86%
Consumption: $268,108,881,450,762.22
Exports: $41,787,506,294,784.00
Imports: $43,166,568,808,448.00
Trade Net: -1,379,062,513,664.00

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

Black & Grey Markets Combined: $77,630,572,341,374.98
Avg Annual Criminal's Income / Savings: ? $3,237.14
Recovered Product + Fines & Fees: $5,240,063,633,042.81

Black Market & Grey Market Statistics:

Guns & Weapons: $3,765,211,334,192.13
Drugs and Pharmaceuticals: $4,332,571,946,193.68
Extortion & Blackmail: $2,063,129,498,187.47
Counterfeit Goods: $5,157,823,745,468.67
Trafficking & Intl Sales: $1,959,973,023,278.09
Theft & Disappearance: $3,713,633,096,737.44
Counterfeit Currency & Instruments : $3,919,946,046,556.19
Illegal Mining, Logging, and Hunting : $1,444,190,648,731.23
Basic Necessitites : $5,157,823,745,468.67
School Loan Fraud : $4,538,884,896,012.43
Tax Evasion + Barter Trade : $33,381,146,106,791.24

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: $79,439,500,000,000.00 - 51%
Black & Grey Markets Combined: $77,630,572,341,374.98 - 49%
Real Total Economy: $157,070,072,341,375.00          

West Africa Economic Statistics & Links

Gross Regional Product: $1,582,800,004,186,112
Region Wide Imports: $207,224,253,186,048
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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