The Liberal Tropical Emirates of Velkia and the Islands is a gargantuan, environmentally stunning nation, ruled by Protectorate Pika Paquet with a fair hand, and renowned for its smutty television, anti-smoking policies, and multi-spousal wedding ceremonies. The compassionate, democratic, humorless population of 30.94 billion Velkia Islanders are free to do what they want with their own bodies, and vote for whomever they like in elections; if they go into business, however, they are regulated to within an inch of their lives.

The medium-sized government prioritizes Education, with Healthcare, Environment, and Social Policy also on the agenda, while Spirituality and Defense receive no funds. It meets to discuss matters of state in the capital city of Four Corners. The average income tax rate is 96.4%.

The frighteningly efficient Velkian economy, worth a remarkable 7,777 trillion Crowns a year, is quite specialized and led by the Information Technology industry, with major contributions from Tourism, Book Publishing, and Cheese Exports. State-owned companies are common. Average income is an amazing 251,363 Crowns, and distributed extremely evenly, with little difference between the richest and poorest citizens.

3D printed organs are a breath of new life for the sick and elderly, a suspicious number of John Smiths are known to donate to Velkian politicians, a niche industry catering to S&M enthusiasts has sprung up, and the Finance Ministry posts hourly updates on where taxpayer money is spent. Crime is totally unknown. Velkia and the Islands's national animal is the Breegull, which soars majestically through the nation's famously clear skies, and its national religion is Atheism.

Velkia and the Islands is ranked 57,305^th in the world and 45^th in Forest for Largest Gambling Industry, scoring 4,175.34 on the Kelly Criterion Productivity Index.