That is an utterly meaningless statistic. Canada, with four times the population, ranks #233, because most of the country is uninhabited / uninhabitable.
https://en.wikipedia.org/wiki/Population_weighted_density
The problem is it's difficult to compare across polities because nobody will agree on the right granularity of parcel size to use (and indeed, it is not really obvious what the right granularity is, and choice of parcel size can drastically change the number).
It's similar to the metrics of "average class size" vs. "student-weighted class size". https://allenschwenk.wordpress.com/wp-content/uploads/2023/0...
It's very meaningful, when the main argument is population overcrowding.