Spain, officially the Kingdom of Spain, is a sovereign state and a member of the European Union located in southwestern Europe on the Iberian Peninsula. Its mainland is bordered to the south and east by the Mediterranean Sea except for a small land boundary with the British Overseas Territory of Gibraltar; to the north and north east by France, Andorra, and the Bay of Biscay; and to the northwest and west by the Atlantic Ocean and Portugal.
Spanish territory also includes the Balearic Islands in the Mediterranean, the Canary Islands in the Atlantic Ocean off the African coast, and two autonomous cities in North Africa, Ceuta and Melilla, which border Morocco.
Because of its location, the territory of Spain was subject to many external influences since prehistoric times and through to its dawn as a country. Spain emerged as a unified country in the 15th century, following the marriage of the Catholic Monarchs and the completion of the reconquest, or Reconquista, of the Iberian Peninsula in 1492.
Spain is a democracy organized in the form of a parliamentary government under a constitutional monarchy. It is a developed country with the twelfth largest economy in the world by nominal GDP, and with very high living standards, including the tenth-highest quality of life index rating in the world, as of 2005. It is a member of the United Nations, European Union, NATO, OECD, and WTO.