Panama is about 2.5 times bigger than Armenia.

Armenia is approximately 29,743 sq km, while Panama is approximately 75,420 sq km, making Panama 154% larger than Armenia. Meanwhile, the population of Armenia is ~3.0 million people (1.3 million more people live in Panama).
This to-scale comparison of Armenia vs. Panama uses the Mercator projection, which distorts the size of regions near the poles. Learn more.

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