Statement:
Brazil has bigger army than Panama

In the Armed forces size (ammount of personnel) rating Brazil holds position #8 ²⁰¹⁹ out of 163 and Panama is #89 out of 163 ²⁰¹⁹.

Referencies:

1. Armed forces size (ammount of personnel) ²⁰¹⁹ by WorldBank

   The countries in the rating sorted by 'Personnel ammount' in descending order.

   Brazil	'Personnel ammount' value is	762,000
   Panama	'Personnel ammount' value is	28,000