The Grant of Terragnano is a gargantuan, environmentally stunning nation, ruled by Canuto Fridolino with an even hand, and notable for its compulsory military service. The hard-nosed, hard-working, democratic population of 23.996 billion Terragnanese are free to succeed or fail in life on their own merits; the successful tend to enjoy an opulent (but moralistic) lifestyle, while the failures can be seen crowding out most jails.

The medium-sized, moralistic, pro-business government juggles the competing demands of Spirituality, Law & Order, and Defense. It meets to discuss matters of state in the capital city of Trantina. Citizens pay a flat income tax of 23.3%.

The very strong Terragnanese economy, worth a remarkable 1,163 trillion livroes a year, is led by the Gambling industry, with significant contributions from Furniture Restoration, Book Publishing, and Pizza Delivery. Average income is 48,470 livroes, but there is a significant disparity between incomes, with the richest 10% of citizens earning 148,068 per year while the poor average 12,298, a ratio of 12.0 to 1.

Voting is voluntary, Terragnano has designated Trantina as its capital city, Canuto Fridolino has just been declared ruler of Terragnano in an international press conference, and Roman Catholicism has been named as Terragnano's national religion. Crime is moderate, possibly because it is difficult to make it through a day without breaking one of the country's many regulations. Terragnano's national animal is the sheep, which frolics freely in the nation's many lush forests, and its national religion is Roman Catholicism.

Terragnano is ranked 236,754^th in the world and 92^nd in Grant for Largest Timber Woodchipping Industry, scoring zero on the Tasmanian Pulp Environmental Export Index.