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: 18,189,000,000
Criminals: 1,828,129,042
Elderly, Disabled, & Retirees: 2,447,509,816
Military & Reserves: ? 764,123,043
Students and Youth: 3,186,712,800
Unemployed but Able: 2,767,033,314
Working Class: 7,195,491,986

Federal Republic of Nigeria Government Budget Details

Government Budget: $88,333,729,590,379.83
Government Expenditures: $87,450,392,294,476.03
Goverment Waste: $883,337,295,903.80
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,749,007,845,889.52 2%
Social Welfare: $8,745,039,229,447.60 10%
Healthcare: $6,121,527,460,613.32 7%
Education: $16,615,574,535,950.45 19%
Religion & Spirituality: $7,870,535,306,502.84 9%
Defense: $13,992,062,767,116.17 16%
Law & Order: $7,870,535,306,502.84 9%
Commerce: $6,996,031,383,558.08 8%
Public Transport: $1,749,007,845,889.52 2%
The Environment: $5,247,023,537,668.56 6%
Social Equality: $9,619,543,152,392.36 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $76,394,700,000,000.00
GDP Per Capita: $4,200.05
Average Salary Per Employee: $7,751.28
Unemployment Rate: 21.86%
Consumption: $257,559,557,276,958.72
Exports: $40,224,168,476,672.00
Imports: $41,468,085,403,648.00
Trade Net: -1,243,916,926,976.00

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

Black & Grey Markets Combined: $74,576,029,466,869.47
Avg Annual Criminal's Income / Savings: ? $3,237.59
Recovered Product + Fines & Fees: $5,033,881,989,013.69

Black Market & Grey Market Statistics:

Guns & Weapons: $3,617,060,945,691.97
Drugs and Pharmaceuticals: $4,162,097,526,549.67
Extortion & Blackmail: $1,981,951,203,118.89
Counterfeit Goods: $4,954,878,007,797.22
Trafficking & Intl Sales: $1,882,853,642,962.95
Theft & Disappearance: $3,567,512,165,614.00
Counterfeit Currency & Instruments : $3,765,707,285,925.89
Illegal Mining, Logging, and Hunting : $1,387,365,842,183.22
Basic Necessitites : $4,954,878,007,797.22
School Loan Fraud : $4,360,292,646,861.56
Tax Evasion + Barter Trade : $32,067,692,670,753.87

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: $76,394,700,000,000.00 - 51%
Black & Grey Markets Combined: $74,576,029,466,869.47 - 49%
Real Total Economy: $150,970,729,466,869.47          

West Africa Economic Statistics & Links

Gross Regional Product: $1,418,925,929,660,416
Region Wide Imports: $186,143,731,613,696
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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