Sized up to population/GDP it is also something like the cost of two London Olympics, or for the US maybe $120B. Being able to say you possess the world's bigg

Sized up to population/GDP it is also something like the cost of two London Olympics, or for the US maybe $120B. Being able to say you possess the world's biggest island probably is not worth $400 per citizen (which is before factoring in the costs it has incurred). On the other hand it does facilitate maritime claims that are becoming extremely valuable as the Arctic melts and opens up to shipping and other economic activity.