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: 14,979,000,000
Criminals: 1,503,602,805
Elderly, Disabled, & Retirees: 2,015,570,872
Military & Reserves: ? 629,587,962
Students and Youth: 2,624,320,800
Unemployed but Able: 2,277,297,583
Working Class: 5,928,619,977

Federal Republic of Nigeria Government Budget Details

Government Budget: $72,744,567,444,351.22
Government Expenditures: $72,017,121,769,907.70
Goverment Waste: $727,445,674,443.52
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,440,342,435,398.15 2%
Social Welfare: $7,201,712,176,990.77 10%
Healthcare: $5,041,198,523,893.54 7%
Education: $13,683,253,136,282.46 19%
Religion & Spirituality: $6,481,540,959,291.69 9%
Defense: $11,522,739,483,185.23 16%
Law & Order: $6,481,540,959,291.69 9%
Commerce: $5,761,369,741,592.62 8%
Public Transport: $1,440,342,435,398.15 2%
The Environment: $4,321,027,306,194.46 6%
Social Equality: $7,921,883,394,689.85 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $63,514,100,000,000.00
GDP Per Capita: $4,240.21
Average Salary Per Employee: $7,821.44
Unemployment Rate: 21.82%
Consumption: $212,105,372,117,237.75
Exports: $33,727,015,976,960.00
Imports: $34,149,784,092,672.00
Trade Net: -422,768,115,712.00

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

Black & Grey Markets Combined: $61,414,830,217,645.80
Avg Annual Criminal's Income / Savings: ? $3,241.68
Recovered Product + Fines & Fees: $4,145,501,039,691.09

Black Market & Grey Market Statistics:

Guns & Weapons: $2,978,720,983,868.37
Drugs and Pharmaceuticals: $3,427,569,351,300.59
Extortion & Blackmail: $1,632,175,881,571.71
Counterfeit Goods: $4,080,439,703,929.27
Trafficking & Intl Sales: $1,550,567,087,493.12
Theft & Disappearance: $2,937,916,586,829.08
Counterfeit Currency & Instruments : $3,101,134,174,986.25
Illegal Mining, Logging, and Hunting : $1,142,523,117,100.20
Basic Necessitites : $4,080,439,703,929.27
School Loan Fraud : $3,590,786,939,457.76
Tax Evasion + Barter Trade : $26,408,376,993,587.69

Federal Republic of Nigeria Total Market Statistics ?

National Currency: Naira
Exchange Rates: 1 Naira = $0.40
  $1 = 2.52 Nairas
  Regional Exchange Rates
Gross Domestic Product: $63,514,100,000,000.00 - 51%
Black & Grey Markets Combined: $61,414,830,217,645.80 - 49%
Real Total Economy: $124,928,930,217,645.80          

West Africa Economic Statistics & Links

Gross Regional Product: $1,017,668,811,358,208
Region Wide Imports: $135,928,962,088,960
Largest Regional GDP: RAMEANIA
Largest Regional Importer: RAMEANIA
Regional Search Functions: All West Africa Nations.
Regional Nations by GDP | Regional Trading Leaders
Regional Exchange Rates | WA Members
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