The question of the largest country in the world is in itself a bit problematic. Whether you take the most inhabitants or the largest surface area, both comparisons do not include small states such as Hong Kong or Singapore, although they play an immense role, even for the Western world.
With 1.426 billion inhabitants, India is the most populated country in the world.
The USA is in third place in terms of population and size. Australia is in 56th place in terms of population, but with an area of 7,741,220 km² it is in sixth place worldwide.
The list of the smallest countries is headed by the Vatican.
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