Country size comparison

compared to

Iceland is about 1.4 times bigger than Panama.

Panama is approximately 75,420 sq km, while Iceland is approximately 103,000 sq km, making Iceland 37% larger than Panama. Meanwhile, the population of Panama is ~4.3 million people (4.0 million fewer people live in Iceland).
Tip: This to-scale comparison of Panama vs. Iceland uses the Mercator projection, which distorts the size of regions near the poles.
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Compare further: Iceland vs. Panama
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Quality of Life Comparison · 11 statistics
Be 2.4 times more likely to live below the poverty line in Panama
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Cost of Living Comparison · 7 categories - 2026 data
Panama is 45.3% cheaper than Iceland overall
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