1987 Icelandic parliamentary election

25 April 1987

All 42 seats in the Lower House
and 21 seats in the Upper House of Althing

Turnout

90.10%

Party		Leader	Vote %	Seats	+/–
Upper House
	Independence	Þorsteinn Pálsson	27.17	6	−2
	Progressive	Steingrímur Hermannsson	18.92	5	+1
	Social Democratic	Jón Baldvin Hannibalsson	15.23	3	+1
	People's Alliance	Svavar Gestsson	13.35	3	0
	Citizens'	Albert Guðmundsson	10.86	2	New
	Women's List		10.13	2	+1
Lower House
	Independence	Þorsteinn Pálsson	27.17	12	−3
	Progressive	Steingrímur Hermannsson	18.92	8	−2
	Social Democratic	Jón Baldvin Hannibalsson	15.23	7	+3
	People's Alliance	Svavar Gestsson	13.35	5	−2
	Citizens'	Albert Guðmundsson	10.86	5	New
	Women's List		10.13	4	+2
	Justice & Equality	Stefán Valgeirsson	1.24	1	New

This lists parties that won seats. See the complete results below.

Prime Minister before		Prime Minister after
	Steingrímur Hermannsson Progressive	Þorsteinn Pálsson Independence

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Parliamentary elections were held in Iceland on 25 April 1987. The Independence Party remained the largest party in the Lower House of the Althing, winning 12 of the 42 seats.

The Independence Party and the People's Alliance experienced their worst election results to date. Two new parties, the Citizens' Party (which had split from the Independence Party) and the Women's Alliance, received more than 10 percent of the vote each. Commentators remarked that the election results suggested a further fracturing of the traditional four-party system in Iceland.