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No. Not currently, but a union existed from 1397-1523 named the Kalmar Union. It united the three kingdoms of Denmark, Sweden and Norway under a single monarch.
(Norway included Iceland, Greenland, the Faroe Islands, Shetland, and Orkney)
If it would still exist, it would, yes, probably be called by some as Scandinavia; "Scandinavia as a country", but yes it existed then, but no; not any more; Scandinavia is indeed not a country.

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