Iceland is about 7 times smaller than Chile.

Chile is approximately 756,102 sq km, while Iceland is approximately 103,000 sq km, making Iceland 13.62% the size of Chile. Meanwhile, the population of Chile is ~19.9 million people (19.5 million fewer people live in Iceland).
Tip: This to-scale comparison of Chile vs. Iceland uses the Mercator projection, which distorts the size of regions near the poles.
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