Armenia is about 2.5 times smaller than Panama.

Panama is approximately 75,420 sq km, while Armenia is approximately 29,743 sq km, making Armenia 39.44% the size of Panama. Meanwhile, the population of Panama is ~4.3 million people (1.3 million fewer people live in Armenia).
This to-scale comparison of Panama vs. Armenia uses the Mercator projection, which distorts the size of regions near the poles. Learn more.

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