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: 17,466,000,000
Criminals: 1,757,714,989
Elderly, Disabled, & Retirees: 2,350,225,035
Military & Reserves: ? 733,372,646
Students and Youth: 3,060,043,200
Unemployed but Able: 2,658,718,380
Working Class: 6,905,925,750

Federal Republic of Nigeria Government Budget Details

Government Budget: $84,822,524,488,014.91
Government Expenditures: $83,974,299,243,134.75
Goverment Waste: $848,225,244,880.16
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,679,485,984,862.70 2%
Social Welfare: $8,397,429,924,313.48 10%
Healthcare: $5,878,200,947,019.43 7%
Education: $15,955,116,856,195.60 19%
Religion & Spirituality: $7,557,686,931,882.13 9%
Defense: $13,435,887,878,901.56 16%
Law & Order: $7,557,686,931,882.13 9%
Commerce: $6,717,943,939,450.78 8%
Public Transport: $1,679,485,984,862.70 2%
The Environment: $5,038,457,954,588.09 6%
Social Equality: $9,237,172,916,744.82 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $72,644,600,000,000.00
GDP Per Capita: $4,159.20
Average Salary Per Employee: $7,679.83
Unemployment Rate: 21.90%
Consumption: $247,321,741,712,424.94
Exports: $37,911,824,957,440.00
Imports: $39,819,757,486,080.00
Trade Net: -1,907,932,528,640.00

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

Black & Grey Markets Combined: $71,611,683,498,546.34
Avg Annual Criminal's Income / Savings: ? $3,233.44
Recovered Product + Fines & Fees: $4,833,788,636,151.88

Black Market & Grey Market Statistics:

Guns & Weapons: $3,473,285,256,530.29
Drugs and Pharmaceuticals: $3,996,657,007,514.31
Extortion & Blackmail: $1,903,170,003,578.24
Counterfeit Goods: $4,757,925,008,945.61
Trafficking & Intl Sales: $1,808,011,503,399.33
Theft & Disappearance: $3,425,706,006,440.84
Counterfeit Currency & Instruments : $3,616,023,006,798.66
Illegal Mining, Logging, and Hunting : $1,332,219,002,504.77
Basic Necessitites : $4,757,925,008,945.61
School Loan Fraud : $4,186,974,007,872.13
Tax Evasion + Barter Trade : $30,793,023,904,374.93

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: $72,644,600,000,000.00 - 50%
Black & Grey Markets Combined: $71,611,683,498,546.34 - 50%
Real Total Economy: $144,256,283,498,546.34          

West Africa Economic Statistics & Links

Gross Regional Product: $1,973,849,931,382,784
Region Wide Imports: $254,159,186,034,688
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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