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: 17,822,000,000
Criminals: 1,787,998,044
Elderly, Disabled, & Retirees: 2,398,123,428
Military & Reserves: ? 749,248,376
Students and Youth: 3,122,414,400
Unemployed but Able: 2,708,793,548
Working Class: 7,055,422,204

Federal Republic of Nigeria Government Budget Details

Government Budget: $86,551,413,123,931.19
Government Expenditures: $85,685,898,992,691.88
Goverment Waste: $865,514,131,239.31
Goverment Efficiency: 99%

Federal Republic of Nigeria Government Spending Breakdown:

Administration: $1,713,717,979,853.84 2%
Social Welfare: $8,568,589,899,269.19 10%
Healthcare: $5,998,012,929,488.43 7%
Education: $16,280,320,808,611.46 19%
Religion & Spirituality: $7,711,730,909,342.27 9%
Defense: $13,709,743,838,830.70 16%
Law & Order: $7,711,730,909,342.27 9%
Commerce: $6,854,871,919,415.35 8%
Public Transport: $1,713,717,979,853.84 2%
The Environment: $5,141,153,939,561.51 6%
Social Equality: $9,425,448,889,196.11 11%
        Compare Federal Republic of Nigeria to another nation:

Federal Republic of Nigeria White Market Statistics ?

Gross Domestic Product: $75,882,200,000,000.00
GDP Per Capita: $4,257.78
Average Salary Per Employee: $7,852.13
Unemployment Rate: 21.80%
Consumption: $252,362,758,249,512.94
Exports: $40,441,516,589,056.00
Imports: $40,631,380,475,904.00
Trade Net: -189,863,886,848.00

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

Black & Grey Markets Combined: $73,071,303,175,592.91
Avg Annual Criminal's Income / Savings: ? $3,243.47
Recovered Product + Fines & Fees: $4,932,312,964,352.52

Black Market & Grey Market Statistics:

Guns & Weapons: $3,544,079,228,362.14
Drugs and Pharmaceuticals: $4,078,118,564,142.74
Extortion & Blackmail: $1,941,961,221,020.35
Counterfeit Goods: $4,854,903,052,550.88
Trafficking & Intl Sales: $1,844,863,159,969.33
Theft & Disappearance: $3,495,530,197,836.63
Counterfeit Currency & Instruments : $3,689,726,319,938.67
Illegal Mining, Logging, and Hunting : $1,359,372,854,714.25
Basic Necessitites : $4,854,903,052,550.88
School Loan Fraud : $4,272,314,686,244.77
Tax Evasion + Barter Trade : $31,420,660,365,504.95

Federal Republic of Nigeria Total Market Statistics ?

National Currency: Naira
Exchange Rates: 1 Naira = $0.40
  $1 = 2.52 Nairas
  Regional Exchange Rates
Gross Domestic Product: $75,882,200,000,000.00 - 51%
Black & Grey Markets Combined: $73,071,303,175,592.91 - 49%
Real Total Economy: $148,953,503,175,592.91          

West Africa Economic Statistics & Links

Gross Regional Product: $1,988,729,040,273,408
Region Wide Imports: $267,705,361,891,328
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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