The Democratic Republic of Boldia is a gargantuan, genial nation, ruled by President Stephen Isakov with a fair hand, and remarkable for its daily referendums, national health service, and pith helmet sales. The compassionate, democratic, cheerful, devout population of 10.198 billion Boldians hold their civil and political rights very dear, although the wealthy and those in business tend to be viewed with suspicion.

The medium-sized, liberal, outspoken government juggles the competing demands of Education, Administration, and Environment. It meets to discuss matters of state in the capital city of New Barcelona. The average income tax rate is 38.5%, but much higher for the wealthy.

The frighteningly efficient Boldian economy, worth a remarkable 1,097 trillion grosches a year, is quite specialized and dominated by the Tourism industry, with significant contributions from Book Publishing, Information Technology, and Retail. State-owned companies are reasonably common. Average income is an impressive 107,666 grosches, and distributed extremely evenly, with little difference between the richest and poorest citizens.

Military service is compulsory, government crews work tirelessly to retake the suburbs from organized packs of raccoons, competing private ambulances racing to be the first to traffic accidents are a major cause of road accidents, and people who do not complete their community service are sentenced to more community service. Crime, especially youth-related, is a problem, probably because of the absence of a police force. Boldia's national animal is the mermaid, which frolics freely in the nation's sparkling oceans, and its national religion is Eastern Orthodoxy.

Boldia is ranked 150,228^th in the world and 617^th in Europe for Lowest Overall Tax Burden, scoring 39.16 on the Hayek Index.