1938 in Iceland

The following lists events that happened in 1938 in Iceland.

Incumbents

 * Monarch - Kristján X
 * Prime Minister – Hermann Jónasson

Births

 * 6 January – Garðar Árnason, footballer
 * 15 March – Þorsteinn frá Hamri, writer (d. 2018)
 * 18 March – Álfrún Gunnlaugsdóttir, writer
 * 23 June – Hjalti Einarsson, handball player.
 * 27 June – Björgvin Hermannsson, footballer (d. 2012)
 * 24 August – Halldór Blöndal, politician.
 * 21 September – Atli Heimir Sveinsson, composer (d. 2019)

Deaths

 * 21 May – Einar Hjörleifsson Kvaran, editor, novelist, poet and playwright (b. 1859)