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: 18,642,000,000
Criminals: 1,875,555,177
Elderly, Disabled, & Retirees: 2,508,467,145
Military & Reserves: ? 782,836,278
Students and Youth: 3,266,078,400
Unemployed but Able: 2,837,354,719
Working Class: 7,371,708,282

Federal Republic of Nigeria Government Budget Details

Government Budget: $90,533,695,671,112.84
Government Expenditures: $89,628,358,714,401.72
Goverment Waste: $905,336,956,711.13
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,792,567,174,288.03 2%
Social Welfare: $8,962,835,871,440.17 10%
Healthcare: $6,273,985,110,008.12 7%
Education: $17,029,388,155,736.33 19%
Religion & Spirituality: $8,066,552,284,296.15 9%
Defense: $14,340,537,394,304.28 16%
Law & Order: $8,066,552,284,296.15 9%
Commerce: $7,170,268,697,152.14 8%
Public Transport: $1,792,567,174,288.03 2%
The Environment: $5,377,701,522,864.10 6%
Social Equality: $9,859,119,458,584.19 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $77,696,700,000,000.00
GDP Per Capita: $4,167.83
Average Salary Per Employee: $7,694.93
Unemployment Rate: 21.89%
Consumption: $263,974,120,461,434.88
Exports: $40,625,346,052,096.00
Imports: $42,500,853,071,872.00
Trade Net: -1,875,507,019,776.00

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

Black & Grey Markets Combined: $76,433,357,760,644.20
Avg Annual Criminal's Income / Savings: ? $3,234.32
Recovered Product + Fines & Fees: $5,159,251,648,843.48

Black Market & Grey Market Statistics:

Guns & Weapons: $3,707,144,444,140.03
Drugs and Pharmaceuticals: $4,265,755,250,791.27
Extortion & Blackmail: $2,031,312,024,186.32
Counterfeit Goods: $5,078,280,060,465.80
Trafficking & Intl Sales: $1,929,746,422,977.00
Theft & Disappearance: $3,656,361,643,535.38
Counterfeit Currency & Instruments : $3,859,492,845,954.01
Illegal Mining, Logging, and Hunting : $1,421,918,416,930.42
Basic Necessitites : $5,078,280,060,465.80
School Loan Fraud : $4,468,886,453,209.90
Tax Evasion + Barter Trade : $32,866,343,837,077.01

Federal Republic of Nigeria Total Market Statistics ?

National Currency: Naira
Exchange Rates: 1 Naira = $0.39
  $1 = 2.54 Nairas
  Regional Exchange Rates
Gross Domestic Product: $77,696,700,000,000.00 - 50%
Black & Grey Markets Combined: $76,433,357,760,644.20 - 50%
Real Total Economy: $154,130,057,760,644.19          

West Africa Economic Statistics & Links

Gross Regional Product: $1,605,419,986,321,408
Region Wide Imports: $207,540,889,583,616
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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