Of course, everything being equal, more code leads to more complexity.
In this context, complexity is related to human capacity to collectively read/understand/maintain a code base.
I've been writing software almost non-stop for close to 25 years, and I still don't understand most of the code written by others.
I especially struggle to read anything with templates, generics, lambda...
But I can read straight C code, code written by Fabrice Bellard or John Carmack in the early days of id software.