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The State of Federal Republi

The State of Federal Republic of Nigeria

Unity and Faith, Peace and Progress

Region: West Africa
Quicksearch Query: Federal Republic of Nigeria

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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: 18,371,000,000
Criminals: 1,846,417,629
Elderly, Disabled, & Retirees: 2,471,999,712
Military & Reserves: ? 771,769,523
Students and Youth: 3,218,599,200
Unemployed but Able: 2,794,717,590
Working Class: 7,267,496,345
Federal Republic of Nigeria Government Budget Details
Government Budget: $89,217,603,967,930.86
Government Expenditures: $88,325,427,928,251.55
Goverment Waste: $892,176,039,679.31
Goverment Efficiency: 99%
Federal Republic of Nigeria Government Spending Breakdown:
Administration: $1,766,508,558,565.03 2%
Social Welfare: $8,832,542,792,825.15 10%
Healthcare: $6,182,779,954,977.61 7%
Education: $16,781,831,306,367.79 19%
Religion & Spirituality: $7,949,288,513,542.64 9%
Defense: $14,132,068,468,520.25 16%
Law & Order: $7,949,288,513,542.64 9%
Commerce: $7,066,034,234,260.12 8%
Public Transport: $1,766,508,558,565.03 2%
The Environment: $5,299,525,675,695.09 6%
Social Equality: $9,715,797,072,107.67 11%
Federal Republic of NigeriaWhite Market Economic Statistics ?
Gross Domestic Product: $77,160,300,000,000.00
GDP Per Capita: $4,200.11
Average Salary Per Employee: $7,751.39
Unemployment Rate: 21.86%
Consumption: $260,136,718,848,491.50
Exports: $40,627,841,269,760.00
Imports: $41,883,015,315,456.00
Trade Net: -1,255,174,045,696.00
Federal Republic of Nigeria Non Market Statistics ?
Evasion, Black Market, Barter & Crime
Black & Grey Markets Combined: $75,322,243,194,410.72
Avg Annual Criminal's Income / Savings: ? $3,237.60
Recovered Product + Fines & Fees: $5,084,251,415,622.72
Black Market & Non Monetary Trade:
Guns & Weapons: $3,653,253,547,394.21
Drugs and Pharmaceuticals: $4,203,743,807,960.46
Extortion & Blackmail: $2,001,782,765,695.46
Counterfeit Goods: $5,004,456,914,238.64
Trafficking & Intl Sales: $1,901,693,627,410.68
Theft & Disappearance: $3,603,208,978,251.82
Counterfeit Currency & Instruments : $3,803,387,254,821.37
Illegal Mining, Logging, and Hunting : $1,401,247,935,986.82
Basic Necessitites : $5,004,456,914,238.64
School Loan Fraud : $4,403,922,084,530.01
Tax Evasion + Barter Trade : $32,388,564,573,596.61
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: $77,160,300,000,000.00 - 51%
Black & Grey Markets Combined: $75,322,243,194,410.72 - 49%
Real Total Economy: $152,482,543,194,410.72          
West Africa Economic Statistics & Links
Gross Regional Product: $1,428,235,673,927,680
Region Wide Imports: $187,370,515,202,048
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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