The State of Ioco is a gargantuan, socially progressive nation, notable for its frequent executions, absence of drug laws, and complete absence of social welfare. The hard-nosed, hard-working, democratic population of 22.073 billion Iocoans live in a state of perpetual fear, as a complete breakdown of social order has led to the rise of order through biker gangs.

The minute, liberal, pro-business, outspoken government, or what there is of one, is solely concerned with Industry. It meets to discuss matters of state in the capital city of Westminster. Citizens pay a flat income tax of 4.9%.

The very strong Iocoan economy, worth 804 trillion betales a year, is driven almost entirely by the private sector, which is quite specialized and led by the Furniture Restoration industry, with major contributions from Trout Farming, Cheese Exports, and Automobile Manufacturing. Average income is 36,428 betales, but there is a vast disparity between incomes, with the richest 10% of citizens earning 247,670 per year while the poor average 1,957, a ratio of 126 to 1.

A major religion has been named as Ioco's national religion, rioting and unrest sweep the nation, homosexuality is a crime punishable by death, and Ioco has designated Westminster as its capital city. Crime is a major problem, probably because of the absence of a police force. Ioco's national animal is the deer, which is also the nation's favorite main course.

Ioco is ranked 164,753^rd in the world and 6^th in Tarawa for Highest Disposable Incomes, with 34,643.72 Standard Monetary Units.