Argentina is 37 times larger than Panama.
Area: 2,780,400 km2 World Factbook
Population: 43,024,374 (July 2014) World Factbook
Argentina, officially the Argentine Republic is a federal republic located in southeastern South America. Wikipedia
Area: 75,420 km2 World Factbook
Population: 3,608,431 (July 2014) World Factbook
Panama, officially the Republic of Panama, is the southernmost country of Central America and the whole of North America. Wikipedia