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In the 17th and 18th centuries the encomienda existed alongside other forms of colonial exploitation, such as the mita and peonage. The encomienda was officially abolished by royal decrees issued between 1718 and 1791, but in the majority of Spanish colonies it was retained until the early 19th century.
Its last African colonies were granted independence in 1975. In conjunction with the territories of the Portuguese Empire, which Spain controlled from 1580 to 1640, the Spanish Empire started the European dominance in global affairs.eginning in 1522 in the newly conquered Mexico, government units in the Spanish Empire, from viceroyalties down to governorships (provinces), had a royal treasury controlled by a set of officiales reales (royal officials). There were also sub-treasuries at important ports and mining districts.