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: 18,353,000,000
Criminals: 1,844,608,809
Elderly, Disabled, & Retirees: 2,469,577,634
Military & Reserves: ? 771,013,288
Students and Youth: 3,215,445,600
Unemployed but Able: 2,791,979,541
Working Class: 7,260,375,128

Federal Republic of Nigeria Government Budget Details

Government Budget: $89,130,188,033,155.42
Government Expenditures: $88,238,886,152,823.86
Goverment Waste: $891,301,880,331.56
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,764,777,723,056.48 2%
Social Welfare: $8,823,888,615,282.39 10%
Healthcare: $6,176,722,030,697.67 7%
Education: $16,765,388,369,036.53 19%
Religion & Spirituality: $7,941,499,753,754.15 9%
Defense: $14,118,221,784,451.82 16%
Law & Order: $7,941,499,753,754.15 9%
Commerce: $7,059,110,892,225.91 8%
Public Transport: $1,764,777,723,056.48 2%
The Environment: $5,294,333,169,169.43 6%
Social Equality: $9,706,277,476,810.63 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $77,084,600,000,000.00
GDP Per Capita: $4,200.11
Average Salary Per Employee: $7,751.38
Unemployment Rate: 21.86%
Consumption: $259,881,835,356,487.66
Exports: $40,587,924,996,096.00
Imports: $41,841,978,245,120.00
Trade Net: -1,254,053,249,024.00

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

Black & Grey Markets Combined: $75,248,442,016,107.50
Avg Annual Criminal's Income / Savings: ? $3,237.60
Recovered Product + Fines & Fees: $5,079,269,836,087.26

Black Market & Grey Market Statistics:

Guns & Weapons: $3,649,674,068,013.30
Drugs and Pharmaceuticals: $4,199,624,954,974.21
Extortion & Blackmail: $1,999,821,407,130.58
Counterfeit Goods: $4,999,553,517,826.44
Trafficking & Intl Sales: $1,899,830,336,774.05
Theft & Disappearance: $3,599,678,532,835.04
Counterfeit Currency & Instruments : $3,799,660,673,548.10
Illegal Mining, Logging, and Hunting : $1,399,874,984,991.40
Basic Necessitites : $4,999,553,517,826.44
School Loan Fraud : $4,399,607,095,687.27
Tax Evasion + Barter Trade : $32,356,830,066,926.22

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: $77,084,600,000,000.00 - 51%
Black & Grey Markets Combined: $75,248,442,016,107.50 - 49%
Real Total Economy: $152,333,042,016,107.50          

West Africa Economic Statistics & Links

Gross Regional Product: $1,427,278,701,527,040
Region Wide Imports: $187,244,467,978,240
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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