Belgium is about 2.5 times smaller than Panama.

Panama is approximately 75,420 sq km, while Belgium is approximately 30,528 sq km, making Belgium 40.48% the size of Panama. Meanwhile, the population of Panama is ~4.3 million people (7.5 million more people live in Belgium).
This to-scale comparison of Panama vs. Belgium uses the Mercator projection, which distorts the size of regions near the poles. Learn more.

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