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: 19,501,000,000
Criminals: 1,960,531,515
Elderly, Disabled, & Retirees: 2,624,052,871
Military & Reserves: ? 819,150,553
Students and Youth: 3,416,575,200
Unemployed but Able: 2,967,022,150
Working Class: 7,713,667,711

Federal Republic of Nigeria Government Budget Details

Government Budget: $94,705,377,799,191.94
Government Expenditures: $93,758,324,021,200.02
Goverment Waste: $947,053,777,991.92
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,875,166,480,424.00 2%
Social Welfare: $9,375,832,402,120.00 10%
Healthcare: $6,563,082,681,484.00 7%
Education: $17,814,081,564,028.00 19%
Religion & Spirituality: $8,438,249,161,908.00 9%
Defense: $15,001,331,843,392.00 16%
Law & Order: $8,438,249,161,908.00 9%
Commerce: $7,500,665,921,696.00 8%
Public Transport: $1,875,166,480,424.00 2%
The Environment: $5,625,499,441,272.00 6%
Social Equality: $10,313,415,642,332.00 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $81,735,100,000,000.00
GDP Per Capita: $4,191.33
Average Salary Per Employee: $7,736.03
Unemployment Rate: 21.86%
Consumption: $276,137,725,541,744.62
Exports: $42,955,518,640,128.00
Imports: $44,459,240,718,336.00
Trade Net: -1,503,722,078,208.00

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

Black & Grey Markets Combined: $79,955,313,538,496.03
Avg Annual Criminal's Income / Savings: ? $3,236.70
Recovered Product + Fines & Fees: $5,396,983,663,848.48

Black Market & Grey Market Statistics:

Guns & Weapons: $3,877,965,132,605.11
Drugs and Pharmaceuticals: $4,462,316,042,997.66
Extortion & Blackmail: $2,124,912,401,427.46
Counterfeit Goods: $5,312,281,003,568.64
Trafficking & Intl Sales: $2,018,666,781,356.08
Theft & Disappearance: $3,824,842,322,569.42
Counterfeit Currency & Instruments : $4,037,333,562,712.16
Illegal Mining, Logging, and Hunting : $1,487,438,680,999.22
Basic Necessitites : $5,312,281,003,568.64
School Loan Fraud : $4,674,807,283,140.40
Tax Evasion + Barter Trade : $34,380,784,821,553.29

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: $81,735,100,000,000.00 - 51%
Black & Grey Markets Combined: $79,955,313,538,496.03 - 49%
Real Total Economy: $161,690,413,538,496.03          

West Africa Economic Statistics & Links

Gross Regional Product: $1,629,508,041,965,568
Region Wide Imports: $212,926,157,815,808
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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