The Technocratic Republic of Icelandic Imperium is a massive, safe nation, ruled by Hafþór Júlíus Björnsson with an even hand, and notable for its sprawling nuclear power plants, keen interest in outer space, and punitive income tax rates. The compassionate, humorless population of 3.19 billion Icelandic Imperialists 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 large, corrupt government juggles the competing demands of Education, Administration, and Industry. It meets to discuss matters of state in the capital city of Reykjavík. The average income tax rate is 95.7%.

The frighteningly efficient Icelandic Imperialist economy, worth 603 trillion kronor a year, is fairly diversified and mostly made up of the Information Technology industry, with significant contributions from Tourism, Arms Manufacturing, and Book Publishing. State-owned companies are common. Average income is an impressive 189,283 kronor, and evenly distributed, with the richest citizens earning only 2.8 times as much as the poorest.

Armed war-criminals gain asylum if deemed 'fabulous' enough, the new Refuse Hills housing development is under construction, the nation's industries are scrambling to switch to biodegradable plastics, and ambitious "businessmen" use their children to sell and advertise their products. Crime, especially youth-related, is totally unknown, thanks to a well-funded police force and progressive social policies in education and welfare. Icelandic Imperium's national animal is the Puffin, which is also the nation's favorite main course.

Icelandic Imperium is ranked 221,214^th in the world and 7,911^th in The East Pacific for Highest Disposable Incomes, with 8,139.18 Standard Monetary Units.