Iceland is about 1.3 times smaller than Nicaragua.

Nicaragua is approximately 130,370 sq km, while Iceland is approximately 103,000 sq km, making Iceland 79.01% the size of Nicaragua. Meanwhile, the population of Nicaragua is ~6.3 million people (5.9 million fewer people live in Iceland).
This to-scale comparison of Nicaragua vs. Iceland uses the Mercator projection, which distorts the size of regions near the poles. Learn more.

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