The Central American Commonwealth (Spanish: Mancomunidad Centroamericana), is a country in Central America bordered by Mexico to the north and west, the Pacific Ocean to the southwest, the Caribbean to the east and Panamá to the southeast. With an estimated population of around 78 million, it is one of the most populous countries in Latin-America. A representative democracy, CAC's capital and largest city is Nueva Guatemala de la Asunción, also known as Guatemala City.