Currency - United States dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. In practice, the dollar is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars.

Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

Article I, Section 8 of the U.S. Constitution provides that the Congress has the power "To coin money". Laws implementing this power are currently codified at. Section 5112 prescribes the forms in which the United States dollars should be issued. These coins are both designated in Section 5112 as "legal tender" in payment of debts. The Sacagawea dollar is one example of the copper alloy dollar. The pure silver dollar is known as the American Silver Eagle. Section 5112 also provides for the minting and issuance of other coins, which have values ranging from one cent to 100 dollars. These other coins are more fully described in Coins of the United States dollar.

The Constitution provides that "a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time". That provision of the Constitution is made specific by Section 331 of Title 31 of the United States Code. The sums of money reported in the "Statements" are currently being expressed in U.S. dollars (for example, see the 2009 Financial Report of the United States Government). The U.S. dollar may therefore be described as the unit of account of the United States.

The word "dollar" is one of the words in the first paragraph of Section 9 of Article I of the Constitution. There, "dollars" is a reference to the Spanish milled dollar, a coin that had a monetary value of 8 Spanish units of currency, or reales. In 1792 the U.S. Congress passed a Coinage Act. Section 9 of that act authorized the production of various coins, including "DOLLARS OR UNITS—each to be of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy-one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver". Section 20 of the act provided, "That the money of account of the United States shall be expressed in dollars, or units... and that all accounts in the public offices and all proceedings in the courts of the United States shall be kept and had in conformity to this regulation". In other words, this act designated the United States dollar as the unit of currency of the United States.

Unlike the Spanish milled dollar, the U.S. dollar is based upon a decimal system of values. In addition to the dollar the coinage act officially established monetary units of mill or one-thousandth of a dollar (symbol ₥), cent or one-hundredth of a dollar (symbol ¢), dime or one-tenth of a dollar, and eagle or ten dollars, with prescribed weights and composition of gold, silver, or copper for each. It was proposed in the mid-1800s that one hundred dollars be known as a union, but no union coins were ever struck and only patterns for the $50 half union exist. However, only cents are in everyday use as divisions of the dollar; "dime" is used solely as the name of the coin with the value of 10¢, while "eagle" and "mill" are largely unknown to the general public, though mills are sometimes used in matters of tax levies, and gasoline prices are usually in the form of $X.XX9 per gallon, e.g., $3.599, more commonly written as $3.599⁄10. When currently issued in circulating form, denominations equal to or less than a dollar are emitted as U.S. coins while denominations equal to or greater than a dollar are emitted as Federal Reserve notes (with the exception of gold, silver, platinum and palladium coins valued up to $100 as legal tender, but worth far more as bullion). Both one-dollar coins and notes are produced today, although the note form is significantly more common. In the past, "paper money" was occasionally issued in denominations less than a dollar (fractional currency) and gold coins were issued for circulation up to the value of $20 (known as the "double eagle", discontinued in the 1930s). The term eagle was used in the Coinage Act of 1792 for the denomination of ten dollars, and subsequently was used in naming gold coins. Paper currency less than one dollar in denomination, known as "fractional currency", was also sometimes pejoratively referred to as "shinplasters". In 1854, James Guthrie, then Secretary of the Treasury, proposed creating $100, $50 and $25 gold coins, which were referred to as a "Union", "Half Union", and "Quarter Union", thus implying a denomination of 1 Union = $100. Today, USD notes are made from cotton fiber paper, unlike most common paper, which is made of wood fiber. U.S. coins are produced by the United States Mint. U.S. dollar banknotes are printed by the Bureau of Engraving and Printing and, since 1914, have been issued by the Federal Reserve. The "large-sized notes" issued before 1928 measured 7.42 by; small-sized notes, introduced that year, measure 6.14 by. When the current, smaller sized U.S. currency was introduced it was referred to as Philippine-sized currency because the Philippines had previously adopted the same size for its legal currency, the Philippine peso.

In the 16th century, Count Hieronymus Schlick of Bohemia began minting coins known as Joachimstalers, named for Joachimstal, the valley where the silver was mined. The German word for valley is thal, or nowadays usually Tal (cognate with "dale" in English). St. Joachim's Valley is now known as Jáchymov, in the Czech Republic (then part of the Kingdom of Bohemia). Joachimstaler was later shortened to the German Taler, a word that eventually found its way into many languages, including Danish and Swedish as daler, Norwegian as dalar and daler, Dutch as daler or daalder, Ethiopian as talari, Hungarian as tallér, Italian as tallero, and English as dollar. Alternatively, thaler is said to come from the German coin Guldengroschen ("great guilder", being of silver but equal in value to a gold guilder), minted from the silver from Joachimsthal.

The coins minted at Joachimsthal soon lent their name to other coins of similar size and weight from other places. One such example, was a Dutch coin depicting a lion, hence its Dutch name leeuwendaler (in English: "lion dollar").

The leeuwendaler was authorized to contain 427.16 grains of .75 fine silver and passed locally for between 36 and 42 stuivers. It was lighter than the large-denomination coins then in circulation, thus it was more advantageous for a Dutch merchant to pay a foreign debt in leeuwendalers and it became the coin of choice for foreign trade.

The leeuwendaler was popular in the Dutch East Indies and in the Dutch North American New Netherland Colony (Tri-State area), and circulated throughout the Thirteen Colonies during the 17th and early 18th centuries. It was also separately popular throughout Eastern Europe, where it led to the current Romanian and Moldovan currency being called leu (literally "lion").

British Indian Ocean Territory

The British Indian Ocean Territory (BIOT) is an overseas territory of the United Kingdom situated in the Indian Ocean halfway between Tanzania and Indonesia, and directly south of the Maldives. The territory comprises the seven atolls of the Chagos Archipelago with over 1,000 individual islands – many very small – amounting to a total land area of 60 km2. The largest and most southerly island is Diego Garcia, 27 km2, the site of a joint military facility of the United Kingdom and the United States.

The only inhabitants of the territory are US and British military personnel and associated contractors, who collectively number around 2,500 (2012 figures). The removal of Chagossians from the Chagos Archipelago occurred between 1968 and 1973. The Chagossians, then numbering about 2,000 people, were expelled by the British government to Mauritius and the Seychelles to allow the United States to build a joint UK/US military base there. Today, the exiled Chagossians are still trying to return, arguing that the forced expulsion and dispossession was illegal. The islands are off-limits to Chagossians, casual tourists, and the media.

Barbados

Barbados is an island country in the Lesser Antilles of the West Indies, in the Caribbean region of North America. It is 34 km in length and up to in width, covering an area of. It is situated in the western area of the North Atlantic and east of the Windward Islands and the Caribbean Sea; therein, Barbados is east of the Windwards, part of the Lesser Antilles, roughly at 13°N of the equator. It is about east of both the countries of Saint Lucia and Saint Vincent and the Grenadines and north-east of Trinidad and Tobago. Barbados is outside the principal Atlantic hurricane belt. Its capital and largest city is Bridgetown.

Inhabited by Kalinago people since the 13th century, and prior to that by other Amerindians, Barbados was visited by Spanish navigators in the late 15th century and claimed for the Spanish Crown. It first appeared in a Spanish map in 1511. The Portuguese claimed the island in 1536, but later abandoned it, with their only remnants being an introduction of wild hogs for a good supply of meat whenever the island was visited. An English ship, the Olive Blossom, arrived in Barbados in 1625; its men took possession of it in the name of King James I. In 1627, the first permanent settlers arrived from England, and it became an English and later British colony. As a wealthy sugar colony, it became an English centre of the African slave trade until that trade was outlawed in 1807, with final emancipation of slaves in Barbados occurring over a period of years from 1833.

Bermuda

Bermuda is a British Overseas Territory in the North Atlantic Ocean. It is approximately 1070 km east-southeast of Cape Hatteras, North Carolina; 1236 km south of Cape Sable Island, Nova Scotia; and 1759 km northeast of Cuba. The capital city is Hamilton. Bermuda is self-governing, with its own constitution and its own government, which enacts local laws, while the United Kingdom retains responsibility for defence and foreign relations. As of July 2018, its population is 71,176, the highest of the British overseas territories.

Bermuda's two largest economic sectors are offshore insurance and reinsurance, and tourism. Bermuda had one of the world's highest GDP per capita for most of the 20th century. The islands have a subtropical climate and lies in the hurricane belt and thus is prone to related severe weather; however, it is somewhat protected by a coral reef that surrounds the island and its position at the north of the belt, which limits the direction and severity of approaching storms.

British Virgin Islands

The British Virgin Islands (BVI), officially simply the Virgin Islands, are a British Overseas Territory in the Caribbean, to the east of Puerto Rico. The islands are geographically part of the Virgin Islands archipelago and are located in the Leeward Islands of the Lesser Antilles.

The British Virgin Islands consist of the main islands of Tortola, Virgin Gorda, Anegada, and Jost Van Dyke, along with over 50 other smaller islands and cays. About 15 of the islands are inhabited. The capital, Road Town, is on Tortola, the largest island, which is about 20 km long and 5 km wide. The islands had a population of about 28,000 at the 2010 Census, of whom approximately 23,500 lived on Tortola. For the islands, the latest United Nations estimate is.

Caribbean Netherlands

The Caribbean Netherlands (Caribisch Nederland, ) are the three special municipalities of the Netherlands that are located in the Caribbean Sea. They consist of the islands of Bonaire, Sint Eustatius and Saba, although the term "Caribbean Netherlands" is sometimes used to refer to all of the islands in the Dutch Caribbean. In legislation, the three islands are also known as the BES islands (an acronym of their names). The islands are currently classified as public bodies in the Netherlands and as overseas countries and territories of the European Union; thus, EU law does not automatically apply.

Bonaire (including the islet of Klein Bonaire) is one of the Leeward Antilles and is located close to the coast of Venezuela. Sint Eustatius and Saba are in the main Lesser Antilles group and are located south of Sint Maarten and northwest of Saint Kitts and Nevis.

El Salvador

El Salvador, officially the Republic of El Salvador (República de El Salvador, literally "Republic of The Savior"), is the smallest and the most densely populated country in Central America. It is bordered on the northeast by Honduras, on the northwest by Guatemala, and on the south by the Pacific Ocean. El Salvador's capital and largest city is San Salvador. , the country had a population of approximately million.

El Salvador was for centuries inhabited by several Mesoamerican nations, especially the Cuzcatlecs, as well as the Lenca and Maya. In the early 16th century, the Spanish Empire conquered the territory, incorporating it into the Viceroyalty of New Spain ruled from Mexico City. However the Viceroyalty of Mexico had little or no influence in the daily affairs of the Central American isthmus, which would be colonized in 1524. In 1609 the area became the Captaincy General of Guatemala, from which El Salvador was part of until its independence from Spain, which took place in 1821, as part of the First Mexican Empire, then further seceded, as part of the Federal Republic of Central America, in 1823. When the Republic dissolved in 1841, El Salvador became a sovereign nation, then formed a short-lived union with Honduras and Nicaragua called the Greater Republic of Central America, which lasted from 1895 to 1898.

Haiti

Haiti (disambiguation)

Haiti (Haïti ; Ayiti ), officially the Republic of Haiti (République d'Haïti; Repiblik Ayiti) and formerly called Hayti, is a country located on the island of Hispaniola, east of Cuba in the Greater Antilles archipelago of the Caribbean Sea. It occupies the western three-eighths of the island, which it shares with the Dominican Republic. Haiti is 27750 km2 in size and has an estimated million people, making it the most populous country in the Caribbean Community (CARICOM) and the second-most populous country in the Caribbean as a whole.

Panama

Panama (undefined ), officially the Republic of Panama (República de Panamá), is a country in Central America, bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean Sea to the north, and the Pacific Ocean to the south. The capital and largest city is Panama City, whose metropolitan area is home to nearly half the country's million people.

Panama was inhabited by indigenous tribes before Spanish colonists arrived in the 16th century. It broke away from Spain in 1821 and joined the Republic of Gran Colombia, a union of Nueva Granada, Ecuador, and Venezuela. After Gran Colombia dissolved in 1831, Panama and Nueva Granada eventually became the Republic of Colombia. With the backing of the United States, Panama seceded from Colombia in 1903, allowing the construction of the Panama Canal to be completed by the US Army Corps of Engineers between 1904 and 1914. The 1977 Torrijos–Carter Treaties led to the transfer of the Canal from the United States to Panama on December 31, 1999.

Puerto Rico

Puerto Rico (Spanish for "Rich Port"), officially the Commonwealth of Puerto Rico (undefined, "Free Associated State of Puerto Rico") and briefly called Porto Rico, is an unincorporated territory of the United States located in the northeast Caribbean Sea, approximately 1000 mi southeast of Miami, Florida.

An archipelago among the Greater Antilles, Puerto Rico includes the eponymous main island and several smaller islands, such as Mona, Culebra, and Vieques. The capital and most populous city is San Juan. The territory's total population is approximately 3.4 million. Spanish and English are the official languages, though Spanish predominates. Puerto Rico's unique heritage, culture, and natural beauty has made it a top tourism destination.

Turks and Caicos Islands

The Turks and Caicos Islands (TCI; and ) are a British Overseas Territory consisting of the larger Caicos Islands and smaller Turks Islands, two groups of tropical islands in the Lucayan Archipelago of the Atlantic Ocean and northern West Indies. They are known primarily for tourism and as an offshore financial centre. The resident population is 31,458 of whom 23,769 live on Providenciales in the Caicos Islands. It is the third largest of the British overseas territories by population.

The Turks and Caicos Islands lie southeast of Mayaguana in the Bahamas island chain, northeast of Cuba, and of the island of Hispaniola (Haiti and the Dominican Republic) and the other Antilles archipelago islands. Cockburn Town, the capital since 1766, is situated on Grand Turk Island about 1042 km east-southeast of Miami, United States. The islands have a total land area of 430 km2.

United States

The United States of America (USA), commonly known as the United States (U.S. or US) or America, is a country composed of 50 states, a federal district, five major self-governing territories, and various possessions. At 3.8 million square miles (9.8 million km 2 ), the United States is the world's third or fourth largest country by total area and is slightly smaller than the entire continent of Europe's 3.9 million square miles (10.1 million km 2 ). With a population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the largest city by population is New York City. Forty-eight states and the capital's federal district are contiguous in North America between Canada and Mexico. The State of Alaska is in the northwest corner of North America, bordered by Canada to the east and across the Bering Strait from Russia to the west. The State of Hawaii is an archipelago in the mid-Pacific Ocean. The U.S. territories are scattered about the Pacific Ocean and the Caribbean Sea, stretching across nine official time zones. The extremely diverse geography, climate, and wildlife of the United States make it one of the world's 17 megadiverse countries.

Paleo-Indians migrated from Siberia to the North American mainland at least 12,000 years ago. European colonization began in the 16th century. The United States emerged from the thirteen British colonies established along the East Coast. Numerous disputes between Great Britain and the colonies following the French and Indian War led to the American Revolution, which began in 1775, and the subsequent Declaration of Independence in 1776. The war ended in 1783 with the United States becoming the first country to gain independence from a European power. The current constitution was adopted in 1788, with the first ten amendments, collectively named the Bill of Rights, being ratified in 1791 to guarantee many fundamental civil liberties. The United States embarked on a vigorous expansion across North America throughout the 19th century, acquiring new territories, displacing Native American tribes, and gradually admitting new states until it spanned the continent by 1848.

United States Virgin Islands

The United States Virgin Islands (USVI; also called the US Virgin Islands or American Virgin Islands), officially the Virgin Islands of the United States, is a group of islands in the Caribbean and an unincorporated and organized territory of the United States. The islands are geographically part of the Virgin Islands archipelago and are located in the Leeward Islands of the Lesser Antilles.

The U.S. Virgin Islands consists of the main islands of Saint Croix, Saint John, and Saint Thomas, and many other surrounding minor islands. The total land area of the territory is 133.73 sqmi. The territory's capital is Charlotte Amalie on the island of St. Thomas.

American Samoa

American Samoa (Amerika Sāmoa, ; also Amelika Sāmoa or Sāmoa Amelika) is an unincorporated territory of the United States located in the South Pacific Ocean, southeast of Samoa. Its location is centered around 14.2710° S, 170.1322° W. It is on the eastern border of the International Date Line, while independent Samoa is west of it.

American Samoa consists of five main islands and two coral atolls. The largest and most populous island is Tutuila, with the Manua Islands, Rose Atoll, and Swains Island also included in the territory. All islands except for Swains Island are part of the Samoan Islands, located west of the Cook Islands, north of Tonga, and some 300 miles (500 km) south of Tokelau. To the west are the islands of the Wallis and Futuna group.

East Timor

East Timor or Timor-Leste (Tetum: Timór Lorosa'e), officially the Democratic Republic of Timor-Leste (República Democrática de Timor-Leste, Repúblika Demokrátika Timór-Leste), is a country in Maritime Southeast Asia. It comprises the eastern half of the island of Timor, the nearby islands of Atauro and Jaco, and Oecusse, an exclave on the northwestern side of the island surrounded by Indonesian West Timor. Australia is the country's southern neighbour, separated by the Timor Sea. The country's size is about 15,410 km (5,400 sq mi).

East Timor was colonised by Portugal in the 16th century, and was known as Portuguese Timor until 28 November 1975, when the Revolutionary Front for an Independent East Timor (Fretilin) declared the territory's independence. Nine days later, it was invaded and occupied by the Indonesian military, and was declared as the country's 27th province the following year. The Indonesian occupation of East Timor was characterised by a highly violent, decades-long conflict between separatist groups (especially Fretilin) and the Indonesian military.

Federated States of Micronesia

The Federated States of Micronesia (abbreviated FSM and also known simply as Micronesia) is an independent republic associated to the United States. It consists of four states – from west to east, Yap, Chuuk, Pohnpei and Kosrae – that are spread across the Western Pacific Ocean. Together, the states comprise around 607 islands (a combined land area of approximately 702 km2) that cover a longitudinal distance of almost 2700 km just north of the equator. They lie northeast of New Guinea, south of Guam and the Marianas, west of Nauru and the Marshall Islands, east of Palau and the Philippines, about 2900 km north of eastern Australia and some 4000 km southwest of the main islands of Hawaii.

While the FSM's total land area is quite small, it occupies more than 2600000 km2 of the Pacific Ocean, giving the country the 14th largest Exclusive Economic Zone in the world. The sovereign island nation's capital is Palikir, located on Pohnpei Island, while the largest city is Weno, located in the Chuuk Atoll.

Guam

Guam (Chamorro: Guåhån ) is an unincorporated and organized territory of the United States in Micronesia in the western Pacific Ocean. It is the easternmost point and territory of the United States, along with the Northern Mariana Islands. The capital city of Guam is Hagåtña and the most populous city is Dededo. The inhabitants of Guam are called Guamanians, and they are American citizens by birth. Indigenous Guamanians are the Chamorros, who are related to other Austronesian natives of Eastern Indonesia and Philippines and Taiwan. Guam has been a member of the Pacific Community since 1983.

In 2016, 162,742 people resided on Guam. Guam has an area of 210 mi2 and a population density of 775 /mi2. In Oceania, it is the largest and southernmost of the Mariana Islands and the largest island in Micronesia. Among its municipalities, Mongmong-Toto-Maite has the highest population density at 3,691 /mi2, whereas Inarajan and Umatac have the lowest density at 119 /mi2. The highest point is Mount Lamlam at 1332 ft above sea level. Since the 1960s, the economy has been supported by two industries: tourism and the United States Armed Forces.

Marshall Islands

The Marshall Islands, officially the Republic of the Marshall Islands (Aolepān Aorōkin M̧ajeļ), is an island country and a United States associated state near the equator in the Pacific Ocean, slightly west of the International Date Line. Geographically, the country is part of the larger island group of Micronesia. The country's population of 53,158 people (at the 2011 Census ) is spread out over 29 coral atolls, comprising 1,156 individual islands and islets.

The islands share maritime boundaries with the Federated States of Micronesia to the west, Wake Island to the north, Kiribati to the southeast, and Nauru to the south. About 27,797 of the islanders (at the 2011 Census) live on Majuro, which contains the capital. Data from the United Nations indicates an estimated population in of. In 2016, 73.3% of the population were defined as being "urban". The UN also indicates a population density of 295 per km 2 (765 people per mi 2 ) and its projected 2020 population is 53,263.

Northern Mariana Islands

The Northern Mariana Islands, officially the Commonwealth of the Northern Mariana Islands (CNMI; Sankattan Siha Na Islas Mariånas; Refaluwasch or Carolinian: Commonwealth Téél Falúw kka Efáng llól Marianas), is an insular area and commonwealth of the United States consisting of 14 islands in the northwestern Pacific Ocean. The CNMI includes the 14 northernmost islands in the Mariana Archipelago except the southernmost island of the chain, Guam, which is a separate U.S. territory. The CNMI and Guam are the westernmost point (in terms of jurisdiction) and territory of the United States.

The United States Department of the Interior cites a landmass of 183.5 sqmi. According to the 2010 United States Census, 53,883 people were living in the CNMI at that time. The vast majority of the population resides on Saipan, Tinian, and Rota. The other islands of the Northern Marianas are sparsely inhabited; the most notable among these is Pågan, which for various reasons over the centuries has experienced major population flux, but formerly had residents numbering in the thousands.

Palau

Palau (, historically Belau, Palaos, or Pelew), officially the Republic of Palau, is an island country located in the western Pacific Ocean. The country contains approximately 340 islands, forming the western chain of the Caroline Islands in Micronesia, and has an area of 466 km2. The most populous island is Koror. The capital Ngerulmud is located on the nearby island of Babeldaob, in Melekeok State. Palau shares maritime boundaries with the Philippines, Indonesia, and the Federated States of Micronesia.

The country was originally settled approximately 3,000 years ago by migrants from Insular Southeast Asia. The islands were first explored by Europeans in the 16th century, and were made part of the Spanish East Indies in 1574. Following Spain's defeat in the Spanish–American War in 1898, the islands were sold to Imperial Germany in 1899 under the terms of the German–Spanish Treaty, where they were administered as part of German New Guinea, although the islands were already represented in the Malolos Congress of the revolutionary First Philippine Republic. The Imperial Japanese Navy conquered Palau during World War I, and the islands were later made a part of the Japanese-ruled South Pacific Mandate by the League of Nations. During World War II, skirmishes, including the major Battle of Peleliu, were fought between American and Japanese troops as part of the Mariana and Palau Islands campaign. Along with other Pacific Islands, Palau was made a part of the United States-governed Trust Territory of the Pacific Islands in 1947. Having voted against joining the Federated States of Micronesia in 1979, the islands gained full sovereignty in 1994 under a Compact of Free Association with the United States.

United States Minor Outlying Islands

The United States Minor Outlying Islands are a statistical designation defined by the International Organization for Standardization's ISO 3166-1 code. The entry code is ISO 3166-2:UM. The minor outlying islands and groups of islands consist of eight United States insular areas in the Pacific Ocean (Baker Island, Howland Island, Jarvis Island, Johnston Atoll, Kingman Reef, Midway Atoll, Palmyra Atoll, and Wake Island) and one in the Caribbean Sea (Navassa Island).

The United States has a related territorial dispute with Colombia over administration of the Bajo Nuevo Bank and Serranilla Bank. These islands are not included in the ISO designation.

Ecuador

Ecuador (Ikwayur; Shuar: Ecuador or Ekuatur), officially the Republic of Ecuador (República del Ecuador, which literally translates as "Republic of the Equator"; Ikwadur Ripuwlika), is a country in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean to the west. Ecuador also includes the Galápagos Islands in the Pacific, about 1000 km west of the mainland. The capital city is Quito, which is also the largest city.

What is now Ecuador was home to a variety of Amerindian groups that were gradually incorporated into the Inca Empire during the 15th century. The territory was colonized by Spain during the 16th century, achieving independence in 1820 as part of Gran Colombia, from which it emerged as its own sovereign state in 1830. The legacy of both empires is reflected in Ecuador's ethnically diverse population, with most of its million people being mestizos, followed by large minorities of European, Amerindian, and African descendants. Spanish is the official language and is spoken by a majority of the population, though 13 Amerindian languages are also recognized, including Quichua and Shuar.