1986 in Iceland

The following lists events that happened in 1986 in Iceland.

Incumbents

 * President – Vigdís Finnbogadóttir
 * Prime Minister – Steingrímur Hermannsson

Events

 * May 3: Iceland makes its first participation in the Eurovision Song Contest with the song Gleðibankinn, sang by ICY band.
 * 11-12 October: Reykjavík Summit between U.S. President Ronald Reagan and General Secretary of the Communist Party of the Soviet Union Mikhail Gorbachev.

Births

 * 19 June – Ragnar Sigurðsson, footballer
 * 25 July – Margrét Lára Viðarsdóttir, footballer.
 * 14 September – Hallbera Guðný Gísladóttir, footballer
 * 24 November – Guðmundur Pétursson, footballer

Deaths



 * 19 January – Jón Helgason, philologist and poet (b. 1899)


 * 30 November – Emil Jónsson, politician (b. 1902).


 * 27 December – Snorri Hjartarson, poet (b. 1906)

Full date missing

 * Gunnlaugur Halldórsson, architect (b. 1909)