| Head of State (President) | Halla Tómasdóttir (*) |
| Head of Government (Prime Minister) | Kristrún Frostadóttir (S) |
| Parties in Government | Party of European Socialists: Social Democratic Alliance (S) Alliance of Liberals and Democrats for Europe Party: Liberal Reform Party (C) Unaffiliated: People’s Party (F) |
| European Council Member | — |
Iceland is not a member of the European Union. Therefore, the figures below present hypothetical scenarios.
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