1978 in Iceland

The following lists events that happened in 1978 in Iceland.

Incumbents

 * President – Kristján Eldjárn
 * Prime Minister – Geir Hallgrímsson, Ólafur Jóhannesson

Births

 * 16 February – Vala Flosadóttir, athlete.
 * 15 March – Arnar Viðarsson, footballer
 * 15 September – Eiður Guðjohnsen, footballer
 * 27 October – Gylfi Einarsson, footballer
 * 1 December – Magni Ásgeirsson, musician

Deaths

 * 28 March – Vilhjálmur Vilhjálmsson, singer (b. 1945)
 * 4 October – Una Guðmundsdóttir, educator and psychic (b. 1894)