Indiana is about 1.4 times smaller than Nicaragua.

Nicaragua is approximately 130,370 sq km, while Indiana is approximately 92,895 sq km, making Indiana 71.25% the size of Nicaragua. Meanwhile, the population of Nicaragua is ~6.3 million people (181,922 more people live in Indiana).
This to-scale comparison of Nicaragua vs. Indiana uses the Mercator projection, which distorts the size of regions near the poles. Learn more.

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