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: 19,900,000,000
Criminals: 2,002,743,215
Elderly, Disabled, & Retirees: 2,677,744,157
Military & Reserves: ? 835,559,596
Students and Youth: 3,486,480,000
Unemployed but Able: 3,029,286,837
Working Class: 7,868,186,196

Federal Republic of Nigeria Government Budget Details

Government Budget: $96,643,096,075,598.56
Government Expenditures: $95,676,665,114,842.58
Goverment Waste: $966,430,960,755.98
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,913,533,302,296.85 2%
Social Welfare: $9,567,666,511,484.26 10%
Healthcare: $6,697,366,558,038.98 7%
Education: $18,178,566,371,820.09 19%
Religion & Spirituality: $8,610,899,860,335.83 9%
Defense: $15,308,266,418,374.81 16%
Law & Order: $8,610,899,860,335.83 9%
Commerce: $7,654,133,209,187.41 8%
Public Transport: $1,913,533,302,296.85 2%
The Environment: $5,740,599,906,890.56 6%
Social Equality: $10,524,433,162,632.68 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $82,743,000,000,000.00
GDP Per Capita: $4,157.94
Average Salary Per Employee: $7,677.63
Unemployment Rate: 21.90%
Consumption: $281,787,638,250,209.25
Exports: $43,170,042,740,736.00
Imports: $45,368,897,175,552.00
Trade Net: -2,198,854,434,816.00

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

Black & Grey Markets Combined: $81,591,238,297,361.08
Avg Annual Criminal's Income / Savings: ? $3,233.31
Recovered Product + Fines & Fees: $5,507,408,585,071.87

Black Market & Grey Market Statistics:

Guns & Weapons: $3,957,310,192,910.44
Drugs and Pharmaceuticals: $4,553,617,208,280.51
Extortion & Blackmail: $2,168,389,146,800.24
Counterfeit Goods: $5,420,972,867,000.61
Trafficking & Intl Sales: $2,059,969,689,460.23
Theft & Disappearance: $3,903,100,464,240.44
Counterfeit Currency & Instruments : $4,119,939,378,920.46
Illegal Mining, Logging, and Hunting : $1,517,872,402,760.17
Basic Necessitites : $5,420,972,867,000.61
School Loan Fraud : $4,770,456,122,960.53
Tax Evasion + Barter Trade : $35,084,232,467,865.26

Federal Republic of Nigeria Total Market Statistics ?

National Currency: Naira
Exchange Rates: 1 Naira = $0.39
  $1 = 2.55 Nairas
  Regional Exchange Rates
Gross Domestic Product: $82,743,000,000,000.00 - 50%
Black & Grey Markets Combined: $81,591,238,297,361.08 - 50%
Real Total Economy: $164,334,238,297,361.06          

West Africa Economic Statistics & Links

Gross Regional Product: $1,712,068,990,337,024
Region Wide Imports: $220,323,635,003,392
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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