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: 20,035,000,000
Criminals: 2,016,314,884
Elderly, Disabled, & Retirees: 2,695,909,744
Military & Reserves: ? 841,230,439
Students and Youth: 3,510,132,000
Unemployed but Able: 3,049,826,301
Working Class: 7,921,586,631

Federal Republic of Nigeria Government Budget Details

Government Budget: $97,298,710,753,066.38
Government Expenditures: $96,325,723,645,535.70
Goverment Waste: $972,987,107,530.67
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,926,514,472,910.71 2%
Social Welfare: $9,632,572,364,553.57 10%
Healthcare: $6,742,800,655,187.50 7%
Education: $18,301,887,492,651.79 19%
Religion & Spirituality: $8,669,315,128,098.21 9%
Defense: $15,412,115,783,285.71 16%
Law & Order: $8,669,315,128,098.21 9%
Commerce: $7,706,057,891,642.86 8%
Public Transport: $1,926,514,472,910.71 2%
The Environment: $5,779,543,418,732.14 6%
Social Equality: $10,595,829,601,008.93 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $83,309,000,000,000.00
GDP Per Capita: $4,158.17
Average Salary Per Employee: $7,678.04
Unemployment Rate: 21.90%
Consumption: $283,699,250,347,376.62
Exports: $43,467,497,013,248.00
Imports: $45,676,675,203,072.00
Trade Net: -2,209,178,189,824.00

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

Black & Grey Markets Combined: $82,144,743,054,065.89
Avg Annual Criminal's Income / Savings: ? $3,233.34
Recovered Product + Fines & Fees: $5,544,770,156,149.45

Black Market & Grey Market Statistics:

Guns & Weapons: $3,984,156,090,352.88
Drugs and Pharmaceuticals: $4,584,508,377,940.30
Extortion & Blackmail: $2,183,099,227,590.62
Counterfeit Goods: $5,457,748,068,976.55
Trafficking & Intl Sales: $2,073,944,266,211.09
Theft & Disappearance: $3,929,578,609,663.11
Counterfeit Currency & Instruments : $4,147,888,532,422.18
Illegal Mining, Logging, and Hunting : $1,528,169,459,313.43
Basic Necessitites : $5,457,748,068,976.55
School Loan Fraud : $4,802,818,300,699.36
Tax Evasion + Barter Trade : $35,322,239,513,248.34

Federal Republic of Nigeria Total Market Statistics ?

National Currency: Naira
Exchange Rates: 1 Naira = $0.39
  $1 = 2.55 Nairas
  Regional Exchange Rates
Gross Domestic Product: $83,309,000,000,000.00 - 50%
Black & Grey Markets Combined: $82,144,743,054,065.89 - 50%
Real Total Economy: $165,453,743,054,065.88          

West Africa Economic Statistics & Links

Gross Regional Product: $1,723,714,928,377,856
Region Wide Imports: $221,845,781,479,424
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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