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: 17,039,000,000
Criminals: 1,715,910,015
Elderly, Disabled, & Retirees: 2,292,768,959
Military & Reserves: ? 715,248,244
Students and Youth: 2,985,232,800
Unemployed but Able: 2,594,585,686
Working Class: 6,735,254,295

Federal Republic of Nigeria Government Budget Details

Government Budget: $82,748,824,794,546.83
Government Expenditures: $81,921,336,546,601.36
Goverment Waste: $827,488,247,945.47
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,638,426,730,932.03 2%
Social Welfare: $8,192,133,654,660.14 10%
Healthcare: $5,734,493,558,262.10 7%
Education: $15,565,053,943,854.26 19%
Religion & Spirituality: $7,372,920,289,194.12 9%
Defense: $13,107,413,847,456.22 16%
Law & Order: $7,372,920,289,194.12 9%
Commerce: $6,553,706,923,728.11 8%
Public Transport: $1,638,426,730,932.03 2%
The Environment: $4,915,280,192,796.08 6%
Social Equality: $9,011,347,020,126.15 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $70,499,400,000,000.00
GDP Per Capita: $4,137.53
Average Salary Per Employee: $7,641.91
Unemployment Rate: 21.92%
Consumption: $241,275,340,440,207.34
Exports: $36,615,736,786,944.00
Imports: $38,846,263,721,984.00
Trade Net: -2,230,526,935,040.00

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

Black & Grey Markets Combined: $69,860,955,999,971.95
Avg Annual Criminal's Income / Savings: ? $3,231.24
Recovered Product + Fines & Fees: $4,715,614,529,998.11

Black Market & Grey Market Statistics:

Guns & Weapons: $3,388,372,073,207.01
Drugs and Pharmaceuticals: $3,898,948,686,977.93
Extortion & Blackmail: $1,856,642,231,894.25
Counterfeit Goods: $4,641,605,579,735.64
Trafficking & Intl Sales: $1,763,810,120,299.54
Theft & Disappearance: $3,341,956,017,409.66
Counterfeit Currency & Instruments : $3,527,620,240,599.08
Illegal Mining, Logging, and Hunting : $1,299,649,562,325.98
Basic Necessitites : $4,641,605,579,735.64
School Loan Fraud : $4,084,612,910,167.36
Tax Evasion + Barter Trade : $30,040,211,079,987.94

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: $70,499,400,000,000.00 - 50%
Black & Grey Markets Combined: $69,860,955,999,971.95 - 50%
Real Total Economy: $140,360,355,999,971.94          

West Africa Economic Statistics & Links

Gross Regional Product: $1,906,273,721,253,888
Region Wide Imports: $243,007,337,005,056
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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