Country size comparison
Paraguay is about 4 times bigger than Iceland.
Iceland is approximately 103,000 sq km, while Paraguay is approximately 406,752 sq km, making Paraguay 295% larger than Iceland. Meanwhile, the population of Iceland is ~357,603 people (7.0 million more people live in Paraguay).
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This to-scale map shows a size comparison of Iceland compared to Paraguay. For more details, see an in-depth quality of life comparison of Paraguay vs. Iceland using our country comparison tool.