Olympus E-P3 vs Panasonic G5

The Olympus PEN E-P3 and the Panasonic Lumix DMC-G5 are two digital cameras that were officially introduced, respectively, in June 2011 and July 2012. Both the E-P3 and the G5 are mirrorless interchangeable lens cameras that are equipped with a Four Thirds sensor. The Olympus has a resolution of 12.2 megapixels, whereas the Panasonic provides 15.9 MP.

Below is an overview of the main specs of the two cameras as a starting point for the comparison.

Headline Specifications

Olympus E-P3		Panasonic G5
Mirrorless system camera		Mirrorless system camera
Micro Four Thirds lenses		Micro Four Thirds lenses
12.2 MP – Four Thirds sensor		15.9 MP – Four Thirds sensor
1080/60i Video		1080/60p Video
ISO 200-12,800		ISO 160-12,800
Viewfinder optional		Electronic viewfinder (1440k dots)
3.0" LCD – 614k dots		3.0" LCD – 920k dots
Fixed touchscreen		Swivel touchscreen
3 shutter flaps per second		6 shutter flaps per second
In-body stabilization		Lens stabilization only
330 shots per battery charge		320 shots per battery charge
122 x 69 x 34 mm, 369 g		120 x 83 x 71 mm, 396 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Olympus PEN E-P3 and the Panasonic Lumix DMC-G5? Which one should you buy? Read on to find out how these two cameras compare with respect to their body size, their imaging sensors, their shooting features, their input-output connections, and their reception by expert reviewers.

Body comparison

An illustration of the physical size and weight of the Olympus E-P3 and the Panasonic G5 is provided in the side-by-side display below. The two cameras are presented according to their relative size. Three successive views from the front, the top, and the rear are shown. All width, height and depth measures are rounded to the nearest millimeter.

The E-P3 can be obtained in three different colors (black, silver, white), while the G5 is available in two color-versions (black, silver).

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Panasonic G5 is notably larger (18 percent) than the Olympus E-P3. Moreover, the G5 is markedly heavier (7 percent) than the E-P3. In this context, it is worth noting that neither the E-P3 nor the G5 are weather-sealed.

The above size and weight comparisons are to some extent incomplete since they do not consider the interchangeable lenses that both of these cameras require. In this particular case, both cameras feature the same lens mount, so that they can use the same lenses. You can compare the optics available in the Micro Four Thirds Lens Catalog. Mirrorless cameras, such as the two under consideration, have the additional advantage of having a short flange to focal plane distance, which makes it possible to mount many lenses from other systems onto the camera via adapters.

Concerning battery life, the E-P3 gets 330 shots out of its Olympus BLS-5 battery, while the G5 can take 320 images on a single charge of its Panasonic DMW-BLC12 power pack.

The following table provides a synthesis of the main physical specifications of the two cameras and other similar ones. If you would like to visualize and compare a different camera combination, you can navigate to the CAM-parator app and make your selection from a broad list of cameras there.

Body Specifications

		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price	Street Price
1.		Olympus E-P3	122 mm	69 mm	34 mm	369 g	330	n	Jun 2011	US$ 799	ebay.com
2.		Panasonic G5	120 mm	83 mm	71 mm	396 g	320	n	Jul 2012	US$ 599	ebay.com
3.		Olympus E-P1	121 mm	70 mm	36 mm	355 g	300	n	Jun 2009	US$ 799	ebay.com
4.		Olympus E-P2	121 mm	70 mm	36 mm	355 g	300	n	Nov 2009	US$ 799	ebay.com
5.		Olympus E-P5	122 mm	69 mm	37 mm	420 g	330	n	May 2013	US$ 999	ebay.com
6.		Olympus E-PL1	115 mm	72 mm	42 mm	334 g	290	n	Feb 2010	US$ 599	ebay.com
7.		Olympus E-PL2	114 mm	72 mm	42 mm	362 g	280	n	Jan 2011	US$ 599	ebay.com
8.		Olympus E-PL3	110 mm	64 mm	37 mm	313 g	300	n	Jun 2011	US$ 599	ebay.com
9.		Olympus E-PL5	111 mm	64 mm	38 mm	325 g	360	n	Sep 2012	US$ 599	ebay.com
10.		Olympus E-PM1	110 mm	64 mm	34 mm	265 g	330	n	Jun 2011	US$ 499	ebay.com
11.		Panasonic G3	115 mm	84 mm	47 mm	336 g	270	n	May 2011	US$ 599	ebay.com
12.		Panasonic G6	122 mm	85 mm	71 mm	390 g	340	n	Apr 2013	US$ 599	ebay.com
13.		Panasonic G10	124 mm	84 mm	74 mm	388 g	380	n	Mar 2010	US$ 499	ebay.com
14.		Panasonic GF6	111 mm	65 mm	38 mm	323 g	340	n	Apr 2013	US$ 499	ebay.com
15.		Panasonic GX1	116 mm	68 mm	39 mm	318 g	320	n	Nov 2011	US$ 699	ebay.com
16.		Panasonic GX850	107 mm	65 mm	33 mm	269 g	210	n	Jan 2017	US$ 549	ebay.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
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The price is, of course, an important factor in any camera decision. The listed launch prices provide an indication of the market segment that the manufacturer of the cameras have been targeting. The G5 was launched at a somewhat lower price (by 25 percent) than the E-P3, which makes it more attractive for photographers on a tight budget. Usually, retail prices stay at first close to the launch price, but after several months, discounts become available. Later in the product cycle and, in particular, when the replacement model is about to appear, further discounting and stock clearance sales often push the camera price considerably down. Then, after the new model is out, very good deals can frequently be found on the pre-owned market.

Sensor comparison

The size of the sensor inside a digital camera is one of the key determinants of image quality. A large sensor will generally have larger individual pixels that offer better low-light sensitivity, provide wider dynamic range, and have richer color-depth than smaller pixels in a sensor of the same technological generation. Moreover, a large sensor camera will give the photographer more control over depth-of-field in the image and, thus, the ability to better isolate a subject from the background. On the downside, larger sensors tend to be associated with larger, more expensive camera bodies and lenses.

Both cameras under consideration feature a Four Thirds sensor and have a format factor (sometimes also referred to as "crop factor") of 2.0. Within the spectrum of camera sensors, this places the review cameras among the medium-sized sensor cameras that aim to strike a balance between image quality and portability. Both cameras feature a native aspect ratio (sensor width to sensor height) of 4:3.

While the two cameras under review share the same sensor size, the G5 offers a higher resolution of 15.9 megapixels, compared with 12.2 MP of the E-P3. This megapixels advantage translates into a 14 percent gain in linear resolution. On the other hand, these sensor specs imply that the G5 has a higher pixel density and a smaller size of the individual pixel (with a pixel pitch of 3.76μm versus 4.29μm for the E-P3). However, it should be noted that the G5 is a somewhat more recent model (by 1 year) than the E-P3, and its sensor might have benefitted from technological advances during this time that at least partly compensate for the smaller pixel size.

The resolution advantage of the Panasonic G5 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the G5 for good quality output (200 dots per inch) amounts to 23 x 17.3 inches or 58.5 x 43.9 cm, for very good quality (250 dpi) 18.4 x 13.8 inches or 46.8 x 35.1 cm, and for excellent quality (300 dpi) 15.4 x 11.5 inches or 39 x 29.3 cm. The corresponding values for the Olympus E-P3 are 20.2 x 15.1 inches or 51.2 x 38.4 cm for good quality, 16.1 x 12.1 inches or 41 x 30.7 cm for very good quality, and 13.4 x 10.1 inches or 34.1 x 25.6 cm for excellent quality prints.

The Olympus PEN E-P3 has a native sensitivity range from ISO 200 to ISO 12800. The corresponding ISO settings for the Panasonic Lumix DMC-G5 are ISO 160 to ISO 12800 (no boost).

Technology-wise, both cameras are equipped with CMOS (Complementary Metal–Oxide–Semiconductor) sensors. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

Since 2007, DXO Mark has published sensor performance measurements that have been derived using a consistent methodology. This service assesses and scores the color depth ("DXO Portrait"), dynamic range ("DXO Landscape"), and low-light sensitivity ("DXO Sports") of camera sensors, and also publishes an overall camera score. Of the two cameras under consideration, the G5 has a markedly higher DXO score than the E-P3 (overall score 10 points higher), which will translate into better image quality. The advantage is based on 0.6 bits higher color depth, 1.5 EV in additional dynamic range, and 0.2 stops in additional low light sensitivity. The table below summarizes the physical sensor characteristics and sensor quality findings and compares them across a set of similar cameras.

Sensor Characteristics

		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Olympus E-P3	Four Thirds	12.2	4032	3024	1080/60i	20.8	10.1	536	51
2.		Panasonic G5	Four Thirds	15.9	4608	3456	1080/60p	21.4	11.6	618	61
3.		Olympus E-P1	Four Thirds	12.2	4032	3024	720/30p	21.4	10.4	536	55
4.		Olympus E-P2	Four Thirds	12.2	4032	3024	720/30p	21.5	10.4	505	56
5.		Olympus E-P5	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.4	895	72
6.		Olympus E-PL1	Four Thirds	12.2	4032	3024	720/30p	21.5	10.1	487	54
7.		Olympus E-PL2	Four Thirds	12.2	4032	3024	720/30p	21.4	10.2	573	55
8.		Olympus E-PL3	Four Thirds	12.2	4032	3024	1080/60i	20.9	10.3	499	52
9.		Olympus E-PL5	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.3	889	72
10.		Olympus E-PM1	Four Thirds	12.2	4032	3024	1080/60i	21.0	10.3	499	52
11.		Panasonic G3	Four Thirds	15.8	4592	3448	1080/60i	21.0	10.6	667	56
12.		Panasonic G6	Four Thirds	15.9	4608	3456	1080/60p	21.3	11.5	639	61
13.		Panasonic G10	Four Thirds	12.0	4000	3000	720/30p	21.2	10.1	411	52
14.		Panasonic GF6	Four Thirds	15.8	4592	3448	1080/60i	20.7	10.6	622	54
15.		Panasonic GX1	Four Thirds	15.8	4592	3448	1080/60p	20.8	10.6	703	55
16.		Panasonic GX850	Four Thirds	15.8	4592	3448	4K/30p	23.2	13.3	586	73

Many modern cameras cannot only take still pictures, but also record videos. Both cameras under consideration have a sensor with sufficiently fast read-out times for moving pictures, but the G5 provides a faster frame rate than the E-P3. It can shoot movie footage at 1080/60p, while the Olympus is limited to 1080/60i.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. For example, the G5 has an electronic viewfinder (1440k dots), which can be very helpful when shooting in bright sunlight. In contrast, the E-P3 relies on live view and the rear LCD for framing. That said, the E-P3 can be equipped with an optional viewfinder – the VF-3. The following table reports on some other key feature differences and similarities of the Olympus E-P3, the Panasonic G5, and comparable cameras.

Core Features

		Camera Model	Viewfinder (Type or 000 dots)	Control Panel (yes/no)	LCD Specifications (inch/000 dots)	LCD Attach- ment	Touch Screen (yes/no)	Max Shutter Speed *	Max Shutter Flaps *	Built-in Flash (yes/no)	Built-in Image Stab
1.		Olympus E-P3	optional	n	3.0 / 614	fixed	Y	1/4000s	3.0/s	Y	Y
2.		Panasonic G5	1440	n	3.0 / 920	swivel	Y	1/4000s	6.0/s	Y	n
3.		Olympus E-P1	none	n	3.0 / 230	fixed	n	1/4000s	3.0/s	n	Y
4.		Olympus E-P2	optional	n	3.0 / 230	fixed	n	1/4000s	3.0/s	n	Y
5.		Olympus E-P5	optional	n	3.0 / 1037	tilting	Y	1/8000s	9.0/s	Y	Y
6.		Olympus E-PL1	optional	n	2.7 / 230	fixed	n	1/2000s	3.0/s	Y	Y
7.		Olympus E-PL2	optional	n	3.0 / 460	fixed	n	1/4000s	3.0/s	Y	Y
8.		Olympus E-PL3	optional	n	3.0 / 460	tilting	n	1/4000s	5.5/s	n	Y
9.		Olympus E-PL5	optional	n	3.0 / 460	tilting	Y	1/4000s	8.0/s	n	Y
10.		Olympus E-PM1	optional	n	3.0 / 460	fixed	n	1/4000s	5.5/s	n	Y
11.		Panasonic G3	1440	n	3.0 / 460	swivel	Y	1/4000s	4.0/s	Y	n
12.		Panasonic G6	1440	n	3.0 / 1036	swivel	Y	1/4000s	7.0/s	Y	n
13.		Panasonic G10	202	n	3.0 / 460	fixed	n	1/4000s	2.6/s	Y	n
14.		Panasonic GF6	none	n	3.0 / 1040	tilting	Y	1/4000s	4.2/s	Y	n
15.		Panasonic GX1	optional	n	3.0 / 460	fixed	Y	1/4000s	4.2/s	Y	n
16.		Panasonic GX850	none	n	3.0 / 1040	tilting	Y	1/500s	10.0/s	Y	n
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One feature that differentiates the E-P3 and the G5 is in-body image stabilization (IBIS). The E-P3 reduces the risk of handshake-induced blur with all attached lenses, while the G5 offers no blur reduction with lenses that themselves do not provide optical image stabilization.

Concerning the storage of imaging data, both the E-P3 and the G5 write their files to SDXC cards. Both cameras can use UHS-I cards, which provide for Ultra High Speed data transfer of up to 104 MB/s.

Connectivity comparison

For some imaging applications, the extent to which a camera can communicate with its environment can be an important aspect in the camera decision process. The table below provides an overview of the connectivity of the Olympus PEN E-P3 and Panasonic Lumix DMC-G5 and, in particular, the interfaces the cameras (and selected comparators) provide for accessory control and data transfer.

Input-Output Connections

		Camera Model	Hotshoe Port	Internal Mic / Speaker	Microphone Port	Headphone Port	HDMI Port	USB Port	WiFi Support	NFC Support	Bluetooth Support
1.		Olympus E-P3	Y	stereo / -	-	-	mini	2.0	-	-	-
2.		Panasonic G5	Y	stereo / mono	-	-	mini	2.0	-	-	-
3.		Olympus E-P1	Y	stereo / -	-	-	mini	2.0	-	-	-
4.		Olympus E-P2	Y	stereo / -	-	-	mini	2.0	-	-	-
5.		Olympus E-P5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
6.		Olympus E-PL1	Y	stereo / -	-	-	mini	2.0	-	-	-
7.		Olympus E-PL2	Y	stereo / -	-	-	mini	2.0	-	-	-
8.		Olympus E-PL3	Y	stereo / -	-	-	mini	2.0	-	-	-
9.		Olympus E-PL5	Y	stereo / mono	-	-	mini	2.0	-	-	-
10.		Olympus E-PM1	Y	stereo / mono	-	-	mini	2.0	-	-	-
11.		Panasonic G3	Y	stereo / mono	-	-	mini	2.0	-	-	-
12.		Panasonic G6	Y	stereo / mono	Y	-	mini	2.0	Y	Y	-
13.		Panasonic G10	Y	mono / -	-	-	mini	2.0	-	-	-
14.		Panasonic GF6	-	stereo / mono	-	-	mini	2.0	Y	Y	-
15.		Panasonic GX1	Y	stereo / mono	-	-	mini	2.0	-	-	-
16.		Panasonic GX850	-	stereo / mono	-	-	micro	2.0	Y	-	-

Both the E-P3 and the G5 have been discontinued, but can regularly be found used on ebay. The E-P3 was replaced by the Olympus E-P5, while the G5 was followed by the Panasonic G6. Further information on the features and operation of the E-P3 and G5 can be found, respectively, in the Olympus E-P3 Manual (free pdf) or the online Panasonic G5 Manual.

Review summary

So what is the bottom line? Is there a clear favorite between the Olympus E-P3 and the Panasonic G5? Which camera is better? A synthesis of the relative strong points of each of the models is listed below.

Reasons to prefer the Olympus PEN E-P3:

• More compact: Is smaller (122x69mm vs 120x83mm) and thus needs less room in the bag.
• Sharper images: Has hand-shake reducing image stabilization built-in.
• More heavily discounted: Has been on the market for longer (launched in June 2011).

Arguments in favor of the Panasonic Lumix DMC-G5:

• More detail: Has more megapixels (15.9 vs 12.2MP), which boosts linear resolution by 14%.
• Better image quality: Scores markedly higher (10 points) in the DXO overall evaluation.
• More dynamic range: Captures a broader range of light and dark details (1.5 EV of extra DR).
• Better video: Provides higher movie framerates (1080/60p versus 1080/60i).
• Easier framing: Has an electronic viewfinder for image composition and settings control.
• More detailed LCD: Has a higher resolution rear screen (920k vs 614k dots).
• More flexible LCD: Has a swivel screen for odd-angle shots in portrait or landscape orientation.
• More selfie-friendly: Has an articulated screen that can be turned to be front-facing.
• Faster burst: Shoots at higher frequency (6 vs 3 flaps/sec) to capture the decisive moment.
• More affordable: Was released into a lower priced segment (25 percent cheaper at launch).
• More modern: Was introduced somewhat (1 year) more recently.

If the count of individual advantages (bullet points above) is taken as a guide, the G5 is the clear winner of the contest (11 : 3 points). However, the relative importance of the various individual camera aspects will vary according to personal preferences and needs, so that you might like to apply corresponding weights to the particular features before making a decision on a new camera. A professional wedding photographer will view the differences between cameras in a way that diverges from the perspective of a travel photog, and a person interested in cityscapes has distinct needs from a macro shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

How about other alternatives? Do the specifications of the Olympus E-P3 and the Panasonic G5 place the cameras among the top in their class? Find out in the latest Best Mirrorless Interchangeable Lens Camera listing whether the two cameras rank among the cream of the crop.

In any case, while the specs-based evaluation of cameras can be instructive in revealing their potential as photographic tools, it remains incomplete and does no justice, for example, to the way the E-P3 or the G5 perform in practice. User reviews that are available, for instance, at amazon can sometimes shed light on these issues, but such feedback is all too often partial, inconsistent, and inaccurate.

Expert reviews

This is where reviews by experts come in. The following table reports the overall ratings of the cameras as published by some of the major camera review sites (amateurphotographer [AP], cameralabs [CL], digitalcameraworld [DCW], dpreview [DPR], ephotozine [EPZ], photographyblog [PB]). As can be seen, the professional reviewers agree in many cases on the quality of different cameras, but sometimes their assessments diverge, reinforcing the earlier point that a camera decision is often a very personal choice.

Expert Camera Reviews

		Camera   Model	AP   score	CL   score	DCW   score	DPR   score	EPZ   score	PB   score	Camera Launch	Launch Price	Street Price
1.		Olympus E-P3	..	83/100	..	74/100	4.5/5	4.5/5	Jun 2011	US$ 799	ebay.com
2.		Panasonic G5	3/5	+ +	..	..	4.5/5	4.5/5	Jul 2012	US$ 599	ebay.com
3.		Olympus E-P1	..	+	..	66/100	4/5	4.5/5	Jun 2009	US$ 799	ebay.com
4.		Olympus E-P2	3/5	+	..	69/100	4/5	4.5/5	Nov 2009	US$ 799	ebay.com
5.		Olympus E-P5	5/5	+ +	..	78/100	4.5/5	5/5	May 2013	US$ 999	ebay.com
6.		Olympus E-PL1	..	86/100	..	69/100	4/5	4.5/5	Feb 2010	US$ 599	ebay.com
7.		Olympus E-PL2	3/5	83/100	..	71/100	4.5/5	4.5/5	Jan 2011	US$ 599	ebay.com
8.		Olympus E-PL3	3/5	+ +	..	72/100	4.5/5	4/5	Jun 2011	US$ 599	ebay.com
9.		Olympus E-PL5	3/5	+ +	..	..	4.5/5	4.5/5	Sep 2012	US$ 599	ebay.com
10.		Olympus E-PM1	..	86/100	..	71/100	4.5/5	4.5/5	Jun 2011	US$ 499	ebay.com
11.		Panasonic G3	3/5	+ +	..	75/100	4.5/5	5/5	May 2011	US$ 599	ebay.com
12.		Panasonic G6	4/5	+ +	..	..	5/5	4.5/5	Apr 2013	US$ 599	ebay.com
13.		Panasonic G10	3/5	..	..	70/100	4/5	4/5	Mar 2010	US$ 499	ebay.com
14.		Panasonic GF6	..	+ +	..	..	4.5/5	4.5/5	Apr 2013	US$ 499	ebay.com
15.		Panasonic GX1	3/5	+	..	77/100	4.5/5	4.5/5	Nov 2011	US$ 699	ebay.com
16.		Panasonic GX850	..	+	..	76/100	4.5/5	4.5/5	Jan 2017	US$ 549	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The review scores listed above should be treated with care, though. The ratings are only valid when referring to cameras in the same category and of the same age. Hence, a score should always be seen in the context of the camera's market launch date and its price, and comparisons of ratings among very different cameras or across long time periods have little meaning. Also, kindly note that some of the listed sites have over time developped their review approaches and their reporting style.

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Other camera comparisons

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