Panasonic GM5 vs Ricoh GR III

The Panasonic Lumix DMC-GM5 and the Ricoh GR III are two digital cameras that were revealed to the public, respectively, in September 2014 and February 2019. The GM5 is a mirrorless interchangeable lens camera, while the GR III is a fixed lens compact. The cameras are based on a Four Thirds (GM5) and an APS-C (GR III) sensor. The Panasonic has a resolution of 15.8 megapixels, whereas the Ricoh provides 24 MP.

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

Headline Specifications

Panasonic GM5		Ricoh GR III
Mirrorless system camera		Fixed lens compact camera
Micro Four Thirds lenses		28mm f/2.8
15.8 MP – Four Thirds sensor		24 MP – APS-C sensor
1080/60p Video		1080/60p Video
ISO 200-25,600		ISO 100-102,400
Electronic viewfinder (1166k dots)		Viewfinder optional
3.0" LCD – 921k dots		3.0" LCD – 1037k dots
Fixed touchscreen		Fixed touchscreen
5.8 shutter flaps per second		4 shutter flaps per second
Lens stabilization only		In-body stabilization
220 shots per battery charge		200 shots per battery charge
99 x 60 x 36 mm, 211 g		109 x 62 x 33 mm, 257 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Panasonic Lumix DMC-GM5 and the Ricoh GR III? 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

The side-by-side display below illustrates the physical size and weight of the Panasonic GM5 and the Ricoh GR III. The two cameras are presented according to their relative size. Three consecutive views from the front, the top, and the rear side are shown. All width, height and depth dimensions are rounded to the nearest millimeter.

The GM5 can be obtained in two different colors (black, silver), while the GR III is only available in black.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Ricoh GR III is notably larger (14 percent) than the Panasonic GM5. In this context, it is worth noting that neither the GM5 nor the GR III are weather-sealed.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the GR III has a lens built in, whereas the GM5 is an interchangeable lens camera that requires a separate lens. Attaching the latter will add extra weight and bulk to the setup. You can compare the optics available for the GM5 and their specifications in the Micro Four Thirds Lens Catalog.

Concerning battery life, the GM5 gets 220 shots out of its Panasonic DMW-BLH7 battery, while the GR III can take 200 images on a single charge of its Ricoh DB-110 power pack. The power pack in the GR III can be charged via the USB port, which can be very convenient when travelling.

The table below summarizes the key physical specs of the two cameras alongside a broader set of comparators. In case you want to display and compare another camera duo, you can use the CAM-parator app to select your camera combination among a large number of options.

Body Specifications

		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price (USD)	Street Price
1.		Panasonic GM5	99 mm	60 mm	36 mm	211 g	220	n	Sep 2014	749	ebay.com
2.		Ricoh GR III	109 mm	62 mm	33 mm	257 g	200	n	Feb 2019	899	amazon.com
3.		Fujifilm XF10	113 mm	64 mm	41 mm	279 g	330	n	Jul 2018	499	ebay.com
4.		Panasonic G6	122 mm	85 mm	71 mm	390 g	340	n	Apr 2013	599	ebay.com
5.		Panasonic G7	125 mm	86 mm	77 mm	410 g	350	n	May 2015	649	ebay.com
6.		Panasonic GH2	124 mm	90 mm	76 mm	442 g	330	n	Sep 2010	899	ebay.com
7.		Panasonic GH4	133 mm	93 mm	84 mm	560 g	500	Y	Feb 2014	1,499	ebay.com
8.		Panasonic GM1	99 mm	55 mm	30 mm	204 g	230	n	Oct 2013	749	ebay.com
9.		Panasonic GX1	116 mm	68 mm	39 mm	318 g	320	n	Nov 2011	699	ebay.com
10.		Panasonic GX85	122 mm	71 mm	44 mm	426 g	290	n	Apr 2016	799	amazon.com
11.		Panasonic LX100	115 mm	66 mm	55 mm	393 g	300	n	Sep 2014	899	ebay.com
12.		Panasonic ZS200	111 mm	65 mm	45 mm	340 g	370	n	Feb 2018	799	amazon.com
13.		Ricoh GR	117 mm	61 mm	35 mm	245 g	290	n	Apr 2013	799	ebay.com
14.		Ricoh GR II	117 mm	63 mm	35 mm	251 g	320	n	Jun 2015	699	ebay.com
15.		Ricoh GR IIIx	109 mm	62 mm	35 mm	262 g	200	n	Sep 2021	999	amazon.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
Convert to Imperial

Any camera decision will obviously take relative prices into account. The retail prices at the time of the camera’s release place the model in the market relative to other models in the producer’s line-up and the competition. Normally, street prices remain initially close to the MSRP, but after a couple of months, the first discounts appear. 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.

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. Further, a large sensor camera will give the photographer additional creative options when using shallow depth-of-field to isolate a subject from its background. On the downside, larger sensors are more costly to manufacture and tend to lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Panasonic GM5 features a Four Thirds sensor and the Ricoh GR III an APS-C sensor. The sensor area in the GR III is 63 percent bigger. As a result of these sensor size differences, the cameras have a format factor of, respectively, 2.0 and 1.5. The sensor in the GM5 has a native 4:3 aspect ratio, while the one in the GR III offers a 3:2 aspect.

With 24MP, the GR III offers a higher resolution than the GM5 (15.8MP), but the GR III nevertheless has larger individual pixels (pixel pitch of 3.91μm versus 3.77μm for the GM5) due to its larger sensor. Moreover, the GR III is a much more recent model (by 4 years and 5 months) than the GM5, and its sensor will have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixel-units. Coming back to sensor resolution, it should be mentioned that the GR III has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The resolution advantage of the Ricoh GR III implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the GR III for good quality output (200 dots per inch) amounts to 30 x 20 inches or 76.2 x 50.8 cm, for very good quality (250 dpi) 24 x 16 inches or 61 x 40.6 cm, and for excellent quality (300 dpi) 20 x 13.3 inches or 50.8 x 33.9 cm. The corresponding values for the Panasonic GM5 are 23 x 17.2 inches or 58.3 x 43.8 cm for good quality, 18.4 x 13.8 inches or 46.7 x 35 cm for very good quality, and 15.3 x 11.5 inches or 38.9 x 29.2 cm for excellent quality prints.

The GR III has on-sensor phase detect pixels, which results in fast and reliable autofocus acquisition even during live view operation.

The Panasonic Lumix DMC-GM5 has a native sensitivity range from ISO 200 to ISO 25600, which can be extended to ISO 100-25600. The corresponding ISO settings for the Ricoh GR III are ISO 100 to ISO 102400 (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. The adjacent table reports on the physical sensor characteristics and the outcomes of the DXO sensor quality tests for a sample of comparator-cameras.

Sensor Characteristics

		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Panasonic GM5	Four Thirds	15.8	4592	3448	1080/60p	22.1	11.7	721	66
2.		Ricoh GR III	APS-C	24.0	6000	4000	1080/60p	24.1	13.5	1897	83
3.		Fujifilm XF10	APS-C	24.0	6000	4000	4K/15p	24.0	13.4	1844	83
4.		Panasonic G6	Four Thirds	15.9	4608	3456	1080/60p	21.3	11.5	639	61
5.		Panasonic G7	Four Thirds	15.8	4592	3448	4K/30p	22.8	12.4	904	71
6.		Panasonic GH2	Four Thirds	15.9	4608	3456	1080/60i	21.2	11.3	655	60
7.		Panasonic GH4	Four Thirds	15.9	4608	3456	4K/30p	23.2	12.8	791	74
8.		Panasonic GM1	Four Thirds	15.8	4592	3448	1080/60i	22.3	11.7	660	66
9.		Panasonic GX1	Four Thirds	15.8	4592	3448	1080/60p	20.8	10.6	703	55
10.		Panasonic GX85	Four Thirds	15.8	4592	3448	4K/30p	22.9	12.6	662	71
11.		Panasonic LX100	Four Thirds	12.7	4112	3088	4K/30p	22.3	12.5	553	67
12.		Panasonic ZS200	1-inch	20.0	5472	3648	4K/30p	22.0	12.2	449	64
13.		Ricoh GR	APS-C	16.1	4928	3264	1080/30p	23.6	13.5	972	78
14.		Ricoh GR II	APS-C	16.1	4928	3264	1080/30p	23.6	13.7	1078	80
15.		Ricoh GR IIIx	APS-C	24.0	6000	4000	1080/60p	24.2	13.8	2146	85
Note: DXO values in italics represent estimates based on sensor size and age.

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, and both provide the same movie specifications (1080/60p).

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. For example, the GM5 has an electronic viewfinder (1166k dots), which can be very helpful when shooting in bright sunlight. In contrast, the GR III relies on live view and the rear LCD for framing. That said, the GR III can be equipped with an optional viewfinder – the GV-1. The adjacent table lists some of the other core features of the Panasonic GM5 and Ricoh GR III along with similar information for a selection of comparators.

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.		Panasonic GM5	1166	n	3.0 / 921	fixed	Y	1/500s	5.8/s	n	n
2.		Ricoh GR III	optional	n	3.0 / 1037	fixed	Y	1/4000s	4.0/s	n	Y
3.		Fujifilm XF10	none	n	3.0 / 1040	fixed	Y	1/4000s	6.0/s	Y	n
4.		Panasonic G6	1440	n	3.0 / 1036	swivel	Y	1/4000s	7.0/s	Y	n
5.		Panasonic G7	2360	n	3.0 / 1040	swivel	Y	1/4000s	7.0/s	Y	n
6.		Panasonic GH2	1534	n	3.0 / 460	swivel	n	1/4000s	3.0/s	Y	n
7.		Panasonic GH4	2359	n	3.0 / 1036	swivel	Y	1/8000s	12.0/s	Y	n
8.		Panasonic GM1	none	n	3.0 / 1036	fixed	Y	1/500s	5.0/s	Y	n
9.		Panasonic GX1	optional	n	3.0 / 460	fixed	Y	1/4000s	4.2/s	Y	n
10.		Panasonic GX85	2765	n	3.0 / 1040	tilting	Y	1/4000s	8.0/s	Y	Y
11.		Panasonic LX100	2764	n	3.0 / 921	fixed	n	1/4000s	11.0/s	n	Y
12.		Panasonic ZS200	2330	n	3.0 / 1240	fixed	Y	1/2000s	10.0/s	Y	Y
13.		Ricoh GR	optional	n	3.0 / 1230	fixed	n	1/4000s	4.0/s	Y	n
14.		Ricoh GR II	optional	n	3.0 / 1230	fixed	n	1/4000s	4.0/s	Y	n
15.		Ricoh GR IIIx	optional	n	3.0 / 1037	fixed	Y	1/4000s	4.0/s	n	Y
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

The reported shutter speed information refers to the use of the mechanical shutter. Yet, some cameras only have an electronic shutter, while others have an electronic shutter in addition to a mechanical one. In fact, the GM5 is one of those camera that have an additional electronic shutter, which makes completely silent shooting possible. However, this mode is less suitable for photographing moving objects (risk of rolling shutter) or shooting under artificial light sources (risk of flickering).

The Panasonic GM5 and the Ricoh GR III both have an intervalometer built-in. This enables the photographer to capture time lapse sequences, such as flower blooming, a sunset or moon rise, without purchasing an external camera trigger and related software.

Concerning the storage of imaging data, both the GM5 and the GR III 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 Panasonic Lumix DMC-GM5 and Ricoh GR III 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.		Panasonic GM5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
2.		Ricoh GR III	Y	stereo / mono	-	-	-	3.0	Y	-	Y
3.		Fujifilm XF10	-	stereo / mono	Y	-	micro	2.0	Y	-	Y
4.		Panasonic G6	Y	stereo / mono	Y	-	mini	2.0	Y	Y	-
5.		Panasonic G7	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
6.		Panasonic GH2	Y	stereo / mono	Y	-	mini	2.0	-	-	-
7.		Panasonic GH4	Y	stereo / mono	Y	Y	micro	2.0	Y	Y	-
8.		Panasonic GM1	-	stereo / mono	-	-	micro	2.0	Y	-	-
9.		Panasonic GX1	Y	stereo / mono	-	-	mini	2.0	-	-	-
10.		Panasonic GX85	Y	stereo / mono	-	-	micro	2.0	Y	-	-
11.		Panasonic LX100	Y	stereo / mono	-	-	micro	2.0	Y	Y	-
12.		Panasonic ZS200	-	stereo / mono	-	-	micro	2.0	Y	-	Y
13.		Ricoh GR	Y	mono / mono	-	-	micro	2.0	-	-	-
14.		Ricoh GR II	Y	stereo / mono	-	-	micro	2.0	Y	Y	-
15.		Ricoh GR IIIx	Y	stereo / mono	-	-	-	3.0	Y	-	Y

The GR III is a recent model that features in the current product line-up of Ricoh. In contrast, the GM5 has been discontinued (but can be found pre-owned on ebay). There has not been a direct replacement model for the GM5 from Panasonic. Further information on the features and operation of the GM5 and GR III can be found, respectively, in the Panasonic GM5 Manual (free pdf) or the online Ricoh GR III Manual.

Review summary

So what conclusions can be drawn? Is the Panasonic GM5 better than the Ricoh GR III or vice versa? Below is a summary of the relative strengths of each of the two contestants.

Arguments in favor of the Panasonic Lumix DMC-GM5:

• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• Easier framing: Has an electronic viewfinder for image composition and settings control.
• Faster burst: Shoots at higher frequency (5.8 vs 4 flaps/sec) to capture the decisive moment.
• Less disturbing: Has an electronic shutter option for completely silent shooting.
• More flexible: Accepts interchangeable lenses, so that lens characteristics can be altered.
• More compact: Is smaller (99x60mm vs 109x62mm) and thus needs less room in the bag.
• More heavily discounted: Has been available for much longer (launched in September 2014).

Advantages of the Ricoh GR III:

• More detail: Has more megapixels (24 vs 15.8MP), which boosts linear resolution by 26%.
• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• Better image quality: Is equipped with a larger and more technologically advanced sensor.
• Richer colors: The sensor size advantage translates into images with better, more accurate colors.
• More dynamic range: Larger sensor captures a wider spectrum of light and dark details.
• Better low-light sensitivity: Larger sensor produces good images even in poorly lit environments.
• Better live-view autofocus: Features on-sensor phase-detection for more confident autofocus.
• More detailed LCD: Has a higher resolution rear screen (1037k vs 921k dots).
• Faster shutter: Has higher mechanical shutter speed (1/4000s vs 1/500s) to freeze action.
• Ready to shoot: Has an integrated lens, whereas the GM5 necessitates an extra lens.
• Easier travel charging: Can be conveniently charged via its USB port.
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• Faster data transfer: Supports a more advanced USB protocol (3.0 vs 2.0).
• Easier wireless transfer: Supports Bluetooth for image sharing without cables.
• More modern: Reflects 4 years and 5 months of technical progress since the GM5 launch.

If the count of individual advantages (bullet points above) is taken as a guide, the GR III is the clear winner of the contest (15 : 7 points). However, the pertinence of the various camera strengths will differ across photographers, so that you might want to weigh individual camera traits according to their importance for your own imaging needs before making a camera decision. A professional wildlife photographer will view the differences between cameras in a way that diverges from the perspective of a family photog, and a person interested in architecture has distinct needs from a sports 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 Panasonic GM5 and the Ricoh GR III place the cameras among the top in their class? Find out in the latest Best Mirrorless Interchangeable Lens Camera and Best Prime Lens Compact Camera listings whether the two cameras rank among the cream of the crop.

In any case, while the comparison of the spec-sheets of cameras can offer a general idea of their imaging potential, it remains partial and cannot reveal, for example, the shooting experience and imaging performance when actually working with the GM5 or the GR III. At times, user reviews, such as those published at amazon, address these issues in a useful manner, but such feedback is on many occasions incomplete, inconsistent, and unreliable.

Expert reviews

This is why hands-on reviews by experts are important. The table below provides a synthesis of the camera assessments of some of the best known photo-gear 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 (USD)	Street Price
1.		Panasonic GM5	3.5/5	+	..	77/100	5/5	4.5/5	Sep 2014	749	ebay.com
2.		Ricoh GR III	4/5	..	3.5/5	81/100	4/5	..	Feb 2019	899	amazon.com
3.		Fujifilm XF10	..	..	4/5	75/100	4/5	4.5/5	Jul 2018	499	ebay.com
4.		Panasonic G6	4/5	+ +	..	..	5/5	4.5/5	Apr 2013	599	ebay.com
5.		Panasonic G7	4/5	+ +	3.5/5	80/100	5/5	4.5/5	May 2015	649	ebay.com
6.		Panasonic GH2	5/5	+ +	..	79/100	4.5/5	5/5	Sep 2010	899	ebay.com
7.		Panasonic GH4	5/5	+ +	..	85/100	5/5	5/5	Feb 2014	1,499	ebay.com
8.		Panasonic GM1	3/5	+	..	78/100	5/5	4.5/5	Oct 2013	749	ebay.com
9.		Panasonic GX1	3/5	+	..	77/100	4.5/5	4.5/5	Nov 2011	699	ebay.com
10.		Panasonic GX85	4.5/5	+ +	..	82/100	5/5	5/5	Apr 2016	799	amazon.com
11.		Panasonic LX100	5/5	+ +	..	85/100	5/5	5/5	Sep 2014	899	ebay.com
12.		Panasonic ZS200	..	+ +	4.5/5	81/100	4.5/5	4.5/5	Feb 2018	799	amazon.com
13.		Ricoh GR	5/5	..	..	79/100	4.5/5	4.5/5	Apr 2013	799	ebay.com
14.		Ricoh GR II	..	..	..	..	4.5/5	4.5/5	Jun 2015	699	ebay.com
15.		Ricoh GR IIIx	..	..	4.5/5	..	..	..	Sep 2021	999	amazon.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The above review scores should be interpreted with care, though. The assessments were made in relation to similar cameras of the same technological generation. Thus, a score needs to be put into the context of the launch date and the launch price of the camera, and comparisons of ratings among very different cameras or across long time periods have little meaning. It should also be noted that some of the review sites have over time altered the way they render their verdicts.

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Check GR III price at
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Other camera comparisons

Did this review help to inform your camera decision process? If you would like to see a different side-by-side camera review, just make a corresponding selection in the search boxes below. As an alternative, you can also directly jump to any one of the listed comparisons that were previously generated by the CAM-parator tool.

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