The Republic of Chip V is a huge, safe nation, notable for its frequent executions, compulsory military service, and suspicion of poets. The hard-working population of 534 million Chip Vians have some civil rights, but not too many, enjoy the freedom to spend their money however they like, to a point, and take part in free and open elections, although not too often.

The medium-sized government is primarily concerned with Defense, with Healthcare, Law & Order, and Industry also on the agenda, while International Aid and Spirituality aren't funded at all. The average income tax rate is 25.5%.

The very strong Chip Vian economy, worth 29.5 trillion cards a year, is led by the Arms Manufacturing industry, with major contributions from Beef-Based Agriculture, Information Technology, and Retail. State-owned companies are reasonably common. Average income is 55,276 cards , and evenly distributed, with the richest citizens earning only 4.6 times as much as the poorest.

The government seizes all major gold finds, translators have been hired to deal with the varying regional accents during national political debates, cities in Chip V declare independence based on interpretation of the historic meaning of cave paintings, and Chip Vian husbands are dead good at fathering kids. Crime, especially youth-related, is almost non-existent, thanks to a capable police force and progressive social policies in education and welfare. Chip V's national animal is the farmer, which is also the nation's favorite main course.

Chip V is ranked 226,614^th in the world and 12,339^th in Lazarus for Largest Black Market, with 306 billion Standard Monetary Units.