Panama is about 2 times bigger than Bhutan.

Bhutan is approximately 38,394 sq km, while Panama is approximately 75,420 sq km, making Panama 96% larger than Bhutan. Meanwhile, the population of Bhutan is ~867,775 people (3.5 million more people live in Panama).
This to-scale comparison of Bhutan vs. Panama uses the Mercator projection, which distorts the size of regions near the poles. Learn more.

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