Asia dwarfs Chile: about 44,580,000 km² km² against 737,442 km² km². At true size Asia is about 60.5× larger — the whole of Chile fits into Asia roughly 60 times.
The old Mercator map treated both about equally (1× vs 1.5× inflation), so at least their relative sizes were preserved — even if both were drawn at the wrong absolute scale.
Chile fits 60× into Asia.