Armenia is about 4.4 times smaller than Nicaragua.

Nicaragua is approximately 130,370 sq km, while Armenia is approximately 29,743 sq km, making Armenia 22.81% the size of Nicaragua. Meanwhile, the population of Nicaragua is ~6.3 million people (3.3 million fewer people live in Armenia).
This to-scale comparison of Nicaragua vs. Armenia uses the Mercator projection, which distorts the size of regions near the poles. Learn more.

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