Iceland is 12% larger than Portugal.
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: 92,145 km2 Wikipedia
Population: 10,459,806 (2,013) World Bank
Continental Portugal or Mainland Portugal is the part of the territory of Portugal located in the Iberian Peninsula and so in Continental Europe. Continental Portugal is also commonly referred to - by the Portuguese - simply as the Continent. Wikipedia