Netherlands is about 1.8 times smaller than Panama.

Panama is approximately 75,420 sq km, while Netherlands is approximately 41,543 sq km, making Netherlands 55.08% the size of Panama. Meanwhile, the population of Panama is ~4.3 million people (13.1 million more people live in Netherlands).
This to-scale comparison of Panama vs. Netherlands uses the Mercator projection, which distorts the size of regions near the poles. Learn more.

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