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: 19,244,000,000
Criminals: 1,934,416,996
Elderly, Disabled, & Retirees: 2,589,470,725
Military & Reserves: ? 808,401,491
Students and Youth: 3,371,548,800
Unemployed but Able: 2,927,714,620
Working Class: 7,612,447,369

Federal Republic of Nigeria Government Budget Details

Government Budget: $93,457,271,971,192.52
Government Expenditures: $92,522,699,251,480.59
Goverment Waste: $934,572,719,711.92
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,850,453,985,029.61 2%
Social Welfare: $9,252,269,925,148.06 10%
Healthcare: $6,476,588,947,603.64 7%
Education: $17,579,312,857,781.31 19%
Religion & Spirituality: $8,327,042,932,633.25 9%
Defense: $14,803,631,880,236.89 16%
Law & Order: $8,327,042,932,633.25 9%
Commerce: $7,401,815,940,118.45 8%
Public Transport: $1,850,453,985,029.61 2%
The Environment: $5,551,361,955,088.84 6%
Social Equality: $10,177,496,917,662.87 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $80,745,700,000,000.00
GDP Per Capita: $4,195.89
Average Salary Per Employee: $7,744.00
Unemployment Rate: 21.86%
Consumption: $272,498,554,117,816.31
Exports: $42,477,200,474,112.00
Imports: $43,873,317,421,056.00
Trade Net: -1,396,116,946,944.00

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

Black & Grey Markets Combined: $78,901,596,261,547.80
Avg Annual Criminal's Income / Savings: ? $3,237.17
Recovered Product + Fines & Fees: $5,325,857,747,654.48

Black Market & Grey Market Statistics:

Guns & Weapons: $3,826,858,099,453.88
Drugs and Pharmaceuticals: $4,403,507,950,056.51
Extortion & Blackmail: $2,096,908,547,645.96
Counterfeit Goods: $5,242,271,369,114.90
Trafficking & Intl Sales: $1,992,063,120,263.66
Theft & Disappearance: $3,774,435,385,762.73
Counterfeit Currency & Instruments : $3,984,126,240,527.32
Illegal Mining, Logging, and Hunting : $1,467,835,983,352.17
Basic Necessitites : $5,242,271,369,114.90
School Loan Fraud : $4,613,198,804,821.11
Tax Evasion + Barter Trade : $33,927,686,392,465.55

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: $80,745,700,000,000.00 - 51%
Black & Grey Markets Combined: $78,901,596,261,547.80 - 49%
Real Total Economy: $159,647,296,261,547.81          

West Africa Economic Statistics & Links

Gross Regional Product: $1,608,402,572,673,024
Region Wide Imports: $210,603,570,364,416
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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