The evolutionary history of life on Earth traces the processes by which living and fossil organisms have evolved since life appeared on the planet, until the present day. Earth formed about 4.5 billion years (Ga) ago and there is evidence that life appeared as early as 4.1 Ga. The similarities between all present-day organisms indicate the presence of a common ancestor from which all known species have diverged through the process of evolution. More than 99 percent of all species, amounting to over five billion species, that ever lived on Earth are estimated to be extinct. Estimates on the number of Earth's current species range from 10 million to 14 million, of which about 1.9 million are estimated to have been named and 1.6 million documented in a central database to date. More recently, in May 2016, scientists reported that 1 trillion species are estimated to be on Earth currently with only one-thousandth of one percent described.
The earliest evidence for life on Earth is graphite found to be a biogenic substance in 3.7 billion-year-old metasedimentary rocks discovered in western Greenland and microbial mat fossils found in 3.48 billion-year-old sandstone discovered in Western Australia. More recently, in 2015, "remains of biotic life" were found in 4.1 billion-year-old rocks in Western Australia. In March 2017, researchers reported evidence of possibly the oldest forms of life on Earth. Putative fossilized microorganisms were discovered in hydrothermal vent precipitates in the Nuvvuagittuq Belt of Quebec, Canada, that may have lived as early as 4.280 billion years ago, not long after the oceans formed 4.4 billion years ago, and not long after the formation of the Earth 4.54 billion years ago. According to biologist Stephen Blair Hedges, "If life arose relatively quickly on Earth ... then it could be common in the universe."