Panama is about 1,257 times bigger than British Indian Ocean Territory.

British Indian Ocean Territory is approximately 60 sq km, while Panama is approximately 75,420 sq km, making Panama 125,600% larger than British Indian Ocean Territory. Meanwhile, the population of British Indian Ocean Territory is ~3,000 people (4.6 million more people live in Panama).
Tip: This to-scale comparison of British Indian Ocean Territory vs. Panama uses the Mercator projection, which distorts the size of regions near the poles.
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