Nicaragua is about 4.6 times smaller than Ukraine.

Ukraine is approximately 603,550 sq km, while Nicaragua is approximately 130,370 sq km, making Nicaragua 21.6% the size of Ukraine. Meanwhile, the population of Ukraine is ~43.5 million people (37.2 million fewer people live in Nicaragua).
This to-scale comparison of Ukraine vs. Nicaragua uses the Mercator projection, which distorts the size of regions near the poles. Learn more.

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