The Federation of The New Valyrian Freehold is a titanic, environmentally stunning nation, ruled by Freeholder Rhaella Vesperonis with an even hand, and notable for its compulsory military service and suspicion of poets. The hard-nosed, hard-working, devout population of 14.385 billion Valyrians are highly moralistic and fiercely conservative, in the sense that they tend to believe most things should be outlawed. People who have good jobs and work quietly at them are lauded; others are viewed with suspicion.

The relatively small government juggles the competing demands of Defense, Education, and Environment. It meets to discuss matters of state in the capital city of Old Valyria. The average income tax rate is 13.3%.

The strong New Valyrian economy, worth 916 trillion Gold Dragons a year, is broadly diversified and led by the Book Publishing industry, with major contributions from Cheese Exports, Door-to-door Insurance Sales, and Information Technology. Average income is 63,735 Gold Dragons, and evenly distributed, with the richest citizens earning only 3.8 times as much as the poorest.

The nation is experiencing a severe shortage of sporting events, all statues and paintings of dogs are being destroyed to avoid offending cat-lovers, concert halls sport signs proclaiming "No Shorts, Sandals or Swastikas", and Valyrians submit requests for a date in writing with an enclosed RSVP card. Crime, especially youth-related, is totally unknown. The New Valyrian Freehold's national animal is the Dragon, which soars majestically through the nation's famously clear skies, and its national religion is The Lord of Light.

The New Valyrian Freehold is ranked 107,743^rd in the world and 1,086^th in eta for Most Developed, scoring 59.81 on the Human Development Index.