The Principality of New Vaporwave is a titanic, socially progressive nation, renowned for its state-planned economy, absence of drug laws, and stringent health and safety legislation. The democratic population of 17.718 billion New Vaporwaveans are free to do what they want with their own bodies, and vote for whomever they like in elections; if they go into business, however, they are regulated to within an inch of their lives.

The medium-sized, socially-minded government juggles the competing demands of Welfare, Education, and Defense. The average income tax rate is 26.1%, but much higher for the wealthy.

The large but sluggish New Vaporwavean economy, worth 514 trillion ＧＯＬＤ　ＣＯＩＮs a year, is driven entirely by a combination of government and state-owned industry, with private enterprise illegal. The industrial sector, which is broadly diversified, is led by the Information Technology industry, with major contributions from Trout Farming, Furniture Restoration, and Basket Weaving. Average income is 29,065 ＧＯＬＤ　ＣＯＩＮs, and distributed extremely evenly, with little difference between the richest and poorest citizens.

Crime, especially youth-related, is totally unknown. New Vaporwave's national animal is the ＣＲＥＡＴＵＲＥ, which frolics freely in the nation's many lush forests.

New Vaporwave is ranked 92,955^th in the world and 18^th in Emirates of Futurnia for Most Extreme, scoring 24.06 on the Paul-Nader Subjective Decentrality Index.