Italy is approximately 301,340 sq km, while Iceland is approximately 103,000 sq km, making Iceland 34.18% the size of Italy. Meanwhile, the population of Italy is ~62.1 million people (61.8 million fewer people live in Iceland).
This to-scale map shows a size comparison of Italy compared to Iceland. For more details, see an in-depth quality of life comparison of Iceland vs. Italy using our country comparison tool.
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