How much revenue did Democracy 4 make?

$1.3M–$3.5M after Steam's roughly 30% cut, derived from the copies estimate and its price.

How many copies did Democracy 4 sell?

Q: How many copies did Democracy 4 sell?

159k to 258k copies, based on its 6k Steam reviews. This is a labeled estimate from the review count, not exact sales.

Estimated copies sold: ≈ 159k–258k; $1.3M–$3.5M after Steam's cut $2.4M–$5.4M before Steam's cut; from 6k reviews (Very Positive)

Copies are estimated from the public review count, adjusted for release year, and cross-checked against SteamSpy's own estimate.

Did the prediction match what actually happened?

We hid Democracy 4 and predicted how it would do from its 8 similar games. Every figure here, including Democracy 4's, is estimated from Steam reviews.

Copies, estimated from reviews

typical (middle half) 1.1M–2.0M

best case 6.1M (Crusader Kings II)

Games like Democracy 4

A typical game among these

≈ 1.1M–2.0M copies

≈ $13.6M–$16.5M after Steam's cut

from ~34k reviews

Only the top fifth of 2019's Steam releases earned $34k or more before Steam's cut, so plan for that or less.

All 8 of the similar games are hits.

Best case: Crusader Kings II at ≈ 4.7M–7.6M copies.

What their first month looked like

About half the games that made it here had over 19k reviews in their first month; the range was 17k to 20k.

The genre you'd be entering

These games: The similar games share Simulation (7 of 8) and Grand Strategy (6 of 8).
The winners: Winners here lead with Grand Strategy + Medieval.
When they shipped: The similar games span 2010 to 2024, and 1 of the 8 shipped in the last two years.

How these numbers were worked out

A hit here: 1,000+ reviews, roughly $150k+ before Steam's cut (a standard indie benchmark).

Copies come from each game's reviews times a sales-per-review rate that falls with release age, from about 31 for the most recent game here to about 79 for the oldest, then widened into a range; revenue rides on that estimate times price. Source: GameDiscoverCo (2020) and VG Insights (2021).

Similar games

Game	Est. copies	Est. revenue	Price	Reviews	Tags
Imperator: Rome 2019	Est. copies ≈ 773k–1.3M SteamSpy 1M–2M	Est. revenue $8.5M–$22.8M after Steam's cut $15.5M–$35.2M before Steam's cut	$39.99	27k reviews Mixed	StrategyGrand Strategy
Workers & Resources: Soviet Republic 2024	Est. copies ≈ 682k–1.1M SteamSpy 500k–1M	Est. revenue $7.5M–$20.2M after Steam's cut $13.6M–$31.0M before Steam's cut	$39.99	27k reviews Very Positive	StrategySimulation
Victoria 3 2022	Est. copies ≈ 1.6M–2.5M 1.9x vs typical SteamSpy 1M–2M	Est. revenue $21.4M–$57.4M after Steam's cut $38.8M–$88.4M before Steam's cut	$49.99	63k reviews Mixed	Grand StrategyEconomy
Tropico 6 2019	Est. copies ≈ 851k–1.4M SteamSpy 1M–2M	Est. revenue $9.4M–$25.2M after Steam's cut $17.0M–$38.7M before Steam's cut	$39.99	30k reviews Very Positive	City BuilderStrategy
Age of History II 2018	Est. copies ≈ 1.5M–2.5M SteamSpy 1M–2M	Est. revenue $2.5M–$6.8M after Steam's cut $4.6M–$10.4M before Steam's cut	$5.99	50k reviews Very Positive	StrategyHistorical
Against the Storm 2023	Est. copies ≈ 934k–1.5M SteamSpy 500k–1M	Est. revenue $7.7M–$20.7M after Steam's cut $14.0M–$31.9M before Steam's cut	$29.99	38k reviews Very Positive	StrategyCity Builder
Crusader Kings II 2012	Est. copies ≈ 4.7M–7.6M 2.2x vs typical SteamSpy 2M–5M	Est. revenue Free	Free	74k reviews Very Positive	Grand StrategyStrategy
Victoria II 2010	Est. copies ≈ 1.3M–2.1M SteamSpy 1M–2M	Est. revenue $7.2M–$19.5M after Steam's cut $13.2M–$29.9M before Steam's cut	$19.99	21k reviews Very Positive	Grand StrategyStrategy