Panama is about 1.6 times smaller than Malawi.

Malawi is approximately 118,484 sq km, while Panama is approximately 75,420 sq km, making Panama 63.65% the size of Malawi. Meanwhile, the population of Malawi is ~20.8 million people (16.5 million fewer people live in Panama).
This to-scale comparison of Malawi vs. Panama uses the Mercator projection, which distorts the size of regions near the poles. Learn more.

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