Pakistan is the 36th largest country in the world in terms of area. It was created in 1947 as an independent nation for Muslims. In 1956, it adopted a new constitution becoming an Islamic republic.
Pakistan has a semi-industrialized economy with a well-integrated agriculture sector. It is characterized among the emerging and growth-leading economies of the world.
Pakistan has made substantial progress in reducing poverty giving it the second lowest headcount poverty rate in South Asia. It is ranked 16th on the 2012 Happy Planet Index while its stock exchange has been among the highest performing in Asia. Pakistan 's Gini ratio, the coefficient that measures inequality among income distribution, lies at 35.6 and the HDI at 0.537.