The Federal Republic of Parya-Latetta is a small, safe nation, renowned for its compulsory military service. The democratic population of 20 million Parya-Latettans enjoy a sensible mix of personal and economic freedoms, while the political process is open and the people's right to vote held sacrosanct.

The medium-sized government juggles the competing demands of Welfare, Defense, and Education. The average income tax rate is 26.4%, but much higher for the wealthy.

The Parya-Latettan economy, worth 816 billion Gugucks a year, is led by the Automobile Manufacturing industry, with major contributions from Tourism, Cheese Exports, and Beef-Based Agriculture. State-owned companies are reasonably common. Average income is 40,827 Gugucks, and evenly distributed, with the richest citizens earning only 2.0 times as much as the poorest.

The government awards prizes to television shows featuring stereotype-breaking minority roles, every workday begins with group therapy, organ donation rates are among the lowest in the region, and high-income earners pay a 100% tax rate. Crime, especially youth-related, is totally unknown, thanks to a capable police force and progressive social policies in education and welfare. Parya-Latetta's national animal is the Bunny, which frolics freely in the nation's many lush forests.

Parya-Latetta is ranked 322,710^th in the world and 1,029^th in Concord for Largest Black Market, with 2.00 billion Standard Monetary Units.