Panama is about 4.3 times smaller than Norway.

Norway is approximately 323,802 sq km, while Panama is approximately 75,420 sq km, making Panama 23.29% the size of Norway. Meanwhile, the population of Norway is ~5.6 million people (1.2 million fewer people live in Panama).
This to-scale comparison of Norway vs. Panama uses the Mercator projection, which distorts the size of regions near the poles. Learn more.

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