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: 20,239,000,000
Criminals: 2,036,822,834
Elderly, Disabled, & Retirees: 2,723,359,966
Military & Reserves: ? 849,799,771
Students and Youth: 3,545,872,800
Unemployed but Able: 3,080,863,454
Working Class: 8,002,281,176

Federal Republic of Nigeria Government Budget Details

Government Budget: $98,289,421,458,289.47
Government Expenditures: $97,306,527,243,706.58
Goverment Waste: $982,894,214,582.89
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,946,130,544,874.13 2%
Social Welfare: $9,730,652,724,370.66 10%
Healthcare: $6,811,456,907,059.46 7%
Education: $18,488,240,176,304.25 19%
Religion & Spirituality: $8,757,587,451,933.59 9%
Defense: $15,569,044,358,993.05 16%
Law & Order: $8,757,587,451,933.59 9%
Commerce: $7,784,522,179,496.53 8%
Public Transport: $1,946,130,544,874.13 2%
The Environment: $5,838,391,634,622.40 6%
Social Equality: $10,703,717,996,807.72 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $84,164,400,000,000.00
GDP Per Capita: $4,158.53
Average Salary Per Employee: $7,678.65
Unemployment Rate: 21.90%
Consumption: $286,587,920,528,179.19
Exports: $43,917,278,707,712.00
Imports: $46,141,764,796,416.00
Trade Net: -2,224,486,088,704.00

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

Black & Grey Markets Combined: $82,981,153,687,789.50
Avg Annual Criminal's Income / Savings: ? $3,233.37
Recovered Product + Fines & Fees: $5,601,227,873,925.79

Black Market & Grey Market Statistics:

Guns & Weapons: $4,024,723,391,393.59
Drugs and Pharmaceuticals: $4,631,188,559,959.74
Extortion & Blackmail: $2,205,327,885,695.12
Counterfeit Goods: $5,513,319,714,237.79
Trafficking & Intl Sales: $2,095,061,491,410.36
Theft & Disappearance: $3,969,590,194,251.21
Counterfeit Currency & Instruments : $4,190,122,982,820.72
Illegal Mining, Logging, and Hunting : $1,543,729,519,986.58
Basic Necessitites : $5,513,319,714,237.79
School Loan Fraud : $4,851,721,348,529.25
Tax Evasion + Barter Trade : $35,681,896,085,749.48

Federal Republic of Nigeria Total Market Statistics ?

National Currency: Naira
Exchange Rates: 1 Naira = $0.39
  $1 = 2.54 Nairas
  Regional Exchange Rates
Gross Domestic Product: $84,164,400,000,000.00 - 50%
Black & Grey Markets Combined: $82,981,153,687,789.50 - 50%
Real Total Economy: $167,145,553,687,789.50          

West Africa Economic Statistics & Links

Gross Regional Product: $1,741,028,209,983,488
Region Wide Imports: $224,110,722,416,640
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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