Iceland is around the same size as Liberia.

Liberia is approximately 111,369 sq km, while Iceland is approximately 103,000 sq km, making Iceland 92.49% the size of Liberia. Meanwhile, the population of Liberia is ~5.4 million people (5.0 million fewer people live in Iceland).
This to-scale comparison of Liberia vs. Iceland uses the Mercator projection, which distorts the size of regions near the poles. Learn more.

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