Falkland Islands (Islas Malvinas) is about 122 times smaller than Alaska.

Alaska is approximately 1,481,348 sq km, while Falkland Islands (Islas Malvinas) is approximately 12,173 sq km, making Falkland Islands (Islas Malvinas) 0.82% the size of Alaska. Meanwhile, the population of Alaska is ~710,231 people (707,033 fewer people live in Falkland Islands (Islas Malvinas)).
Tip: This to-scale comparison of Alaska vs. Falkland Islands (Islas Malvinas) uses the Mercator projection, which distorts the size of regions near the poles.