Panama is about 4.4 times smaller than Malaysia.

Malaysia is approximately 329,847 sq km, while Panama is approximately 75,420 sq km, making Panama 22.87% the size of Malaysia. Meanwhile, the population of Malaysia is ~33.9 million people (29.5 million fewer people live in Panama).
This to-scale comparison of Malaysia vs. Panama uses the Mercator projection, which distorts the size of regions near the poles. Learn more.

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