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: 19,184,000,000
Criminals: 1,928,389,383
Elderly, Disabled, & Retirees: 2,581,397,134
Military & Reserves: ? 805,880,406
Students and Youth: 3,361,036,800
Unemployed but Able: 2,918,589,117
Working Class: 7,588,707,159

Federal Republic of Nigeria Government Budget Details

Government Budget: $93,165,888,744,173.08
Government Expenditures: $92,234,229,856,731.34
Goverment Waste: $931,658,887,441.73
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,844,684,597,134.63 2%
Social Welfare: $9,223,422,985,673.14 10%
Healthcare: $6,456,396,089,971.19 7%
Education: $17,524,503,672,778.96 19%
Religion & Spirituality: $8,301,080,687,105.82 9%
Defense: $14,757,476,777,077.02 16%
Law & Order: $8,301,080,687,105.82 9%
Commerce: $7,378,738,388,538.51 8%
Public Transport: $1,844,684,597,134.63 2%
The Environment: $5,534,053,791,403.88 6%
Social Equality: $10,145,765,284,240.45 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $80,492,800,000,000.00
GDP Per Capita: $4,195.83
Average Salary Per Employee: $7,743.90
Unemployment Rate: 21.86%
Consumption: $271,648,951,873,044.47
Exports: $42,343,666,024,448.00
Imports: $43,736,528,584,704.00
Trade Net: -1,392,862,560,256.00

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

Black & Grey Markets Combined: $78,655,595,054,249.98
Avg Annual Criminal's Income / Savings: ? $3,237.16
Recovered Product + Fines & Fees: $5,309,252,666,161.87

Black Market & Grey Market Statistics:

Guns & Weapons: $3,814,926,633,460.43
Drugs and Pharmaceuticals: $4,389,778,591,927.07
Extortion & Blackmail: $2,090,370,758,060.51
Counterfeit Goods: $5,225,926,895,151.28
Trafficking & Intl Sales: $1,985,852,220,157.49
Theft & Disappearance: $3,762,667,364,508.92
Counterfeit Currency & Instruments : $3,971,704,440,314.97
Illegal Mining, Logging, and Hunting : $1,463,259,530,642.36
Basic Necessitites : $5,225,926,895,151.28
School Loan Fraud : $4,598,815,667,733.12
Tax Evasion + Barter Trade : $33,821,905,873,327.49

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: $80,492,800,000,000.00 - 51%
Black & Grey Markets Combined: $78,655,595,054,249.98 - 49%
Real Total Economy: $159,148,395,054,250.00          

West Africa Economic Statistics & Links

Gross Regional Product: $1,603,545,769,967,616
Region Wide Imports: $209,962,177,396,736
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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