Academic grading in Iceland
| Academic grading | 
|---|
| Africa | 
| North America | 
| South America | 
| Asia | 
| Europe | 
| 
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| Oceania | 
In Iceland, a grade point average (GPA) is given as a weighted average of all grades in a marked period. Grades range from 0–10, where 10 is the highest, and the GPA is rounded off to two decimal points.
Term- and course grades are given on the scale of 0–10 with increments of 0.5.
For added convenience, grades are categorized as follows:
| GPA | Name | Literal meaning | 
|---|---|---|
| 10–9.0 | Framúrskarandi | First Grade with distinction | 
| 8.99–7.25 | Fyrsta einkunn | First Grade | 
| 7.24–6.0 | Önnur einkunn | Second Grade | 
| 5.99–5.0 | Þriðja einkunn | Third Grade |