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: 18,474,000,000
Criminals: 1,856,787,580
Elderly, Disabled, & Retirees: 2,485,859,396
Military & Reserves: ? 776,093,611
Students and Youth: 3,236,644,800
Unemployed but Able: 2,810,399,778
Working Class: 7,308,214,834

Federal Republic of Nigeria Government Budget Details

Government Budget: $89,717,816,835,440.66
Government Expenditures: $88,820,638,667,086.25
Goverment Waste: $897,178,168,354.41
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,776,412,773,341.73 2%
Social Welfare: $8,882,063,866,708.63 10%
Healthcare: $6,217,444,706,696.04 7%
Education: $16,875,921,346,746.39 19%
Religion & Spirituality: $7,993,857,480,037.76 9%
Defense: $14,211,302,186,733.80 16%
Law & Order: $7,993,857,480,037.76 9%
Commerce: $7,105,651,093,366.90 8%
Public Transport: $1,776,412,773,341.73 2%
The Environment: $5,329,238,320,025.18 6%
Social Equality: $9,770,270,253,379.49 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $77,587,300,000,000.00
GDP Per Capita: $4,199.81
Average Salary Per Employee: $7,750.86
Unemployment Rate: 21.86%
Consumption: $261,595,217,264,640.00
Exports: $40,850,063,491,072.00
Imports: $42,117,837,619,200.00
Trade Net: -1,267,774,128,128.00

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

Black & Grey Markets Combined: $75,744,549,483,527.03
Avg Annual Criminal's Income / Savings: ? $3,237.57
Recovered Product + Fines & Fees: $5,112,757,090,138.08

Black Market & Grey Market Statistics:

Guns & Weapons: $3,673,736,101,861.14
Drugs and Pharmaceuticals: $4,227,312,774,744.33
Extortion & Blackmail: $2,013,006,083,211.59
Counterfeit Goods: $5,032,515,208,028.96
Trafficking & Intl Sales: $1,912,355,779,051.01
Theft & Disappearance: $3,623,410,949,780.85
Counterfeit Currency & Instruments : $3,824,711,558,102.01
Illegal Mining, Logging, and Hunting : $1,409,104,258,248.11
Basic Necessitites : $5,032,515,208,028.96
School Loan Fraud : $4,428,613,383,065.49
Tax Evasion + Barter Trade : $32,570,156,277,916.62

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: $77,587,300,000,000.00 - 51%
Black & Grey Markets Combined: $75,744,549,483,527.03 - 49%
Real Total Economy: $153,331,849,483,527.03          

West Africa Economic Statistics & Links

Gross Regional Product: $1,533,411,235,725,312
Region Wide Imports: $201,141,119,877,120
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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