Latvia is about 1.6 times smaller than Iceland.

Iceland is approximately 103,000 sq km, while Latvia is approximately 64,589 sq km, making Latvia 62.71% the size of Iceland. Meanwhile, the population of Iceland is ~357,603 people (1.5 million more people live in Latvia).
This to-scale comparison of Iceland vs. Latvia uses the Mercator projection, which distorts the size of regions near the poles. Learn more.

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