The Empire of Phantom Nation is a colossal, efficient nation, ruled by Lord Boi with an even hand, and renowned for its ban on automobiles, irreverence towards religion, and punitive income tax rates. The hard-nosed, humorless population of 6.284 billion Phantoms 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, corrupt government juggles the competing demands of Education, Industry, and Defense. It meets to discuss matters of state in the capital city of Waterford City. The average income tax rate is 87.8%, and even higher for the wealthy.

The frighteningly efficient Phantom economy, worth a remarkable 1,106 trillion pounds a year, is broadly diversified and led by the Tourism industry, with major contributions from Information Technology, Arms Manufacturing, and Furniture Restoration. State-owned companies are common. Average income is an impressive 176,056 pounds, and evenly distributed, with the richest citizens earning only 2.2 times as much as the poorest.

Airport users are more worried about radiation than terrorism, the new national campaign exhorts men to "Show Some Class - Don't Sit On Your Ass", the government runs a surplus by selling its citizens, and the government is pouring money into 'Operation Enduring Democracy'. Crime, especially youth-related, is totally unknown, thanks to a capable police force and progressive social policies in education and welfare. Phantom Nation's national animal is the Wolf, which frolics freely in the nation's many lush forests, and its national religion is Nyxism.

Phantom Nation is ranked 235,149^th in the world and 8,827^th in Osiris for Highest Disposable Incomes, with 21,478.95 Standard Monetary Units.