Panama is about 3.8 times smaller than Ecuador.

Ecuador is approximately 283,561 sq km, while Panama is approximately 75,420 sq km, making Panama 26.6% the size of Ecuador. Meanwhile, the population of Ecuador is ~17.3 million people (13.0 million fewer people live in Panama).
This to-scale comparison of Ecuador vs. Panama uses the Mercator projection, which distorts the size of regions near the poles. Learn more.

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