The Muppetocracy of Elmos World 3 is a colossal, efficient nation, ruled by Elmo with an even hand, and renowned for its barren, inhospitable landscape, irreverence towards religion, and complete lack of public education. The hard-nosed, hard-working, humorless population of 5.293 billion Muppets are either ruled by a sleek, efficient government or a conglomerate of multinational corporations; it's difficult to tell which.

The tiny, corrupt, pro-business government prioritizes Industry, although Defense and Administration are also considered important, while Environment and Welfare receive no funds. It meets to discuss matters of state in the capital city of Sesame Street. Citizens pay a flat income tax of 2.6%.

The frighteningly efficient Muppetian economy, worth 946 trillion chunguscoins a year, is driven almost entirely by the private sector, which is broadly diversified and led by the Retail industry, with major contributions from Gambling, Soda Sales, and Arms Manufacturing. Average income is an impressive 178,784 chunguscoins, but there is a vast disparity between incomes, with the richest 10% of citizens earning 1,634,947 per year while the poor average 2,121, a ratio of 770 to 1.

The industries of Elmos World 3 are coughing all the way to the bank, pet owners want to know why their animals keep smiling at them, corporations donate huge sums of money to favored politicians, and diplomacy falls apart when diplomats drink too much. Crime, especially youth-related, is all-pervasive, perhaps because of the country's complete lack of prisons. Elmos World 3's national animal is the child, which teeters on the brink of extinction due to widespread deforestation, and its national religion is Cult of Elmo.

Elmos World 3 is ranked 253,683^rd in the world and 103^rd in Audinesca for Largest Publishing Industry, scoring -6.37 on the Bella Potter Productivity e-Index.