Panama is about 12 times smaller than Venezuela.

Venezuela is approximately 912,050 sq km, while Panama is approximately 75,420 sq km, making Panama 8.27% the size of Venezuela. Meanwhile, the population of Venezuela is ~29.8 million people (25.5 million fewer people live in Panama).
This to-scale comparison of Venezuela vs. Panama uses the Mercator projection, which distorts the size of regions near the poles. Learn more.

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