Iceland is about 2.7 times bigger than Bhutan.

Bhutan is approximately 38,394 sq km, while Iceland is approximately 103,000 sq km, making Iceland 168% larger than Bhutan. Meanwhile, the population of Bhutan is ~796,682 people (404,278 fewer people live in Iceland).
Tip: This to-scale comparison of Bhutan vs. Iceland uses the Mercator projection, which distorts the size of regions near the poles.
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