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: 18,610,000,000
Criminals: 1,870,453,767
Elderly, Disabled, & Retirees: 2,504,159,539
Military & Reserves: ? 781,807,466
Students and Youth: 3,260,472,000
Unemployed but Able: 2,831,086,922
Working Class: 7,362,020,306

Federal Republic of Nigeria Government Budget Details

Government Budget: $90,378,293,861,154.83
Government Expenditures: $89,474,510,922,543.28
Goverment Waste: $903,782,938,611.55
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,789,490,218,450.87 2%
Social Welfare: $8,947,451,092,254.33 10%
Healthcare: $6,263,215,764,578.03 7%
Education: $17,000,157,075,283.22 19%
Religion & Spirituality: $8,052,705,983,028.90 9%
Defense: $14,315,921,747,606.93 16%
Law & Order: $8,052,705,983,028.90 9%
Commerce: $7,157,960,873,803.46 8%
Public Transport: $1,789,490,218,450.87 2%
The Environment: $5,368,470,655,352.60 6%
Social Equality: $9,842,196,201,479.76 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $78,159,400,000,000.00
GDP Per Capita: $4,199.86
Average Salary Per Employee: $7,750.95
Unemployment Rate: 21.86%
Consumption: $263,521,006,780,416.00
Exports: $41,151,673,139,200.00
Imports: $42,427,897,348,096.00
Trade Net: -1,276,224,208,896.00

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

Black & Grey Markets Combined: $76,302,159,293,055.72
Avg Annual Criminal's Income / Savings: ? $3,237.57
Recovered Product + Fines & Fees: $5,150,395,752,281.26

Black Market & Grey Market Statistics:

Guns & Weapons: $3,700,781,101,164.53
Drugs and Pharmaceuticals: $4,258,433,047,915.35
Extortion & Blackmail: $2,027,825,260,912.07
Counterfeit Goods: $5,069,563,152,280.18
Trafficking & Intl Sales: $1,926,433,997,866.47
Theft & Disappearance: $3,650,085,469,641.73
Counterfeit Currency & Instruments : $3,852,867,995,732.94
Illegal Mining, Logging, and Hunting : $1,419,477,682,638.45
Basic Necessitites : $5,069,563,152,280.18
School Loan Fraud : $4,461,215,574,006.56
Tax Evasion + Barter Trade : $32,809,928,496,013.96

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: $78,159,400,000,000.00 - 51%
Black & Grey Markets Combined: $76,302,159,293,055.72 - 49%
Real Total Economy: $154,461,559,293,055.72          

West Africa Economic Statistics & Links

Gross Regional Product: $1,541,270,489,006,080
Region Wide Imports: $202,176,374,767,616
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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