The Federal Republic of Karapetya is a titanic, socially progressive nation, remarkable for its absence of drug laws and spontaneously combusting cars. The hard-working, democratic population of 17.471 billion Karapetyans 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 tiny, liberal, pro-business, outspoken government prioritizes Defense, with Healthcare, Welfare, and Administration also on the agenda, while International Aid and Spirituality are ignored. Citizens pay a flat income tax of 7.3%.

The strong Karapetyan economy, worth 689 trillion rubles a year, is driven almost entirely by the private sector, which is quite specialized and led by the Automobile Manufacturing industry, with major contributions from Basket Weaving, Door-to-door Insurance Sales, and Furniture Restoration. Average income is 39,468 rubles, but there is a vast disparity between incomes, with the richest 10% of citizens earning 254,375 per year while the poor average 2,474, a ratio of 102 to 1.

Crime is a serious problem, with the police force struggling against a lack of funding and a high mortality rate. Karapetya's national animal is the leopard, which can occasionally be seen sifting through garbage in the nation's cities.

Karapetya is ranked 296,490^th in the world and 4^th in Panessos for Highest Average Tax Rates, with 7.3 Effective Tax Rate.