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: 19,124,000,000
Criminals: 1,922,361,140
Elderly, Disabled, & Retirees: 2,573,323,543
Military & Reserves: ? 803,359,428
Students and Youth: 3,350,524,800
Unemployed but Able: 2,909,463,146
Working Class: 7,564,967,944

Federal Republic of Nigeria Government Budget Details

Government Budget: $92,874,495,850,457.34
Government Expenditures: $91,945,750,891,952.77
Goverment Waste: $928,744,958,504.58
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,838,915,017,839.06 2%
Social Welfare: $9,194,575,089,195.28 10%
Healthcare: $6,436,202,562,436.69 7%
Education: $17,469,692,669,471.03 19%
Religion & Spirituality: $8,275,117,580,275.75 9%
Defense: $14,711,320,142,712.44 16%
Law & Order: $8,275,117,580,275.75 9%
Commerce: $7,355,660,071,356.22 8%
Public Transport: $1,838,915,017,839.06 2%
The Environment: $5,516,745,053,517.17 6%
Social Equality: $10,114,032,598,114.80 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $80,240,100,000,000.00
GDP Per Capita: $4,195.78
Average Salary Per Employee: $7,743.81
Unemployment Rate: 21.86%
Consumption: $270,799,321,442,549.75
Exports: $42,210,215,460,864.00
Imports: $43,599,739,748,352.00
Trade Net: -1,389,524,287,488.00

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

Black & Grey Markets Combined: $78,409,585,685,813.36
Avg Annual Criminal's Income / Savings: ? $3,237.16
Recovered Product + Fines & Fees: $5,292,647,033,792.40

Black Market & Grey Market Statistics:

Guns & Weapons: $3,802,994,771,638.24
Drugs and Pharmaceuticals: $4,376,048,778,323.45
Extortion & Blackmail: $2,083,832,751,582.60
Counterfeit Goods: $5,209,581,878,956.49
Trafficking & Intl Sales: $1,979,641,114,003.47
Theft & Disappearance: $3,750,898,952,848.67
Counterfeit Currency & Instruments : $3,959,282,228,006.93
Illegal Mining, Logging, and Hunting : $1,458,682,926,107.82
Basic Necessitites : $5,209,581,878,956.49
School Loan Fraud : $4,584,432,053,481.71
Tax Evasion + Barter Trade : $33,716,121,844,899.74

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: $80,240,100,000,000.00 - 51%
Black & Grey Markets Combined: $78,409,585,685,813.36 - 49%
Real Total Economy: $158,649,685,685,813.38          

West Africa Economic Statistics & Links

Gross Regional Product: $1,598,637,830,307,840
Region Wide Imports: $209,314,526,527,488
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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