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Countries that use the US dollar

Seven countries use the US dollar as their official currency: Ecuador, El Salvador, Panama, the Marshall Islands, Micronesia, Palau and Timor-Leste.

How many7 countries

As of28 September 2026

SourceBanco Central del Ecuador

Memory hook

3 + 3 + 1: three in Latin America, three in the Pacific, and Timor-Leste.

The full list

Latin America 3

Adopted the dollar following domestic currency/banking crises.

Ecuador
El Salvador
Panama

Pacific compact states 3

Former US-run Pacific trust territories that kept the dollar at independence under their agreements with the United States.

Marshall Islands
Micronesia
Palau

Southeast Asia 1

Adopted the dollar after Indonesian rule ended, alongside its own centavo coinage.

Timor-Leste

Can you name them all?

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Not on the list

Zimbabwe: The US dollar is legal tender alongside multiple other currencies (euro, rand, sterling) and Zimbabwe's own ZiG currency — a multi-currency regime, not sole dollarisation.
Cambodia: US dollar is dominant in practice and widely accepted, but the riel remains the sole official currency.
Cuba, Lebanon, Venezuela, Argentina: Heavy informal/parallel US dollar use but each retains its own official national currency as legal tender.

Questions

How many countries use the US dollar as their currency?

Seven countries use the US dollar as their official currency: Ecuador, El Salvador, Panama, the Marshall Islands, Micronesia, Palau and Timor-Leste.

Which countries are on the list?

Ecuador, El Salvador, Panama, Marshall Islands, Micronesia, Palau and Timor-Leste.

What is an easy way to remember them?

3 + 3 + 1: three in Latin America, three in the Pacific, and Timor-Leste.

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Each name checked against at least two sources, one of them Banco Central del Ecuador, on 28 September 2026. Next review by 28 September 2027.
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