Iceland is 326 times larger than Malta.
Area: 103,000 km2 World Factbook
Population: 317,351 (July 2014) World Factbook
Iceland is a Nordic country between the North Atlantic and the Arctic Ocean. It has a population of 325,671 and an area of 103,000 km², making it the most sparsely populated country in Europe. Wikipedia
Area: 316 km2 World Factbook
Population: 412,655 (July 2014) World Factbook
Malta is a southern European country in the Mediterranean Sea. It lies 80 km south of Sicily, 284 km east of Tunisia, and 333 km north of Libya. The country covers just over 316 km², making it one of the world's smallest and most densely populated countries. Wikipedia