If you are sticking to small games because of a budget device, use these settings in PPSSPP: Rendering Mode
You also consider "WipEout Pure" - a futuristic racing game that's all about high-speed action and challenging tracks. The game is a compact 421MB, making it easy to download and play on your phone.
Often cited as the best game on the PSP, Peace Walker is a canonical entry in the Metal Gear saga created by Hideo Kojima. It focuses on base-building and co-op missions. The file size is right on the edge, but compressed versions fit the bill perfectly.
(Size: ~430MB) You get two full games here: Final Fantasy IV and its sequel The After Years . Upgraded 2D sprites, remastered music, and a massive post-game. It’s a retro lover’s dream.
A: Daxter (the Jak & Daxter spinoff, ~300MB). It was built specifically for the PSP hardware and runs at full speed even on a $50 Android phone.
These games are widely cited for having small file sizes while maintaining excellent gameplay on the PPSSPP emulator: