President of Iceland | |
---|---|
Forseti Íslands (Icelandic) | |
since 1 August 2024 | |
Office of the President | |
Style |
|
Member of | State Council of Iceland |
Residence | Bessastaðir |
Seat | Garðabær, Iceland |
Appointer | Popular vote (plurality voting)[note 1] |
Term length | Four years, no term limits |
Constituting instrument | Constitution of Iceland |
Precursor | King of Iceland |
Formation | 17 June 1944 |
First holder | Sveinn Björnsson |
Succession | Line of succession |
Salary | €289,000 annually[1] |
Website | forseti forseti |
Iceland portal |
The president of Iceland (Icelandic: Forseti Íslands) is the head of state of Iceland. The incumbent is Halla Tómasdóttir, who won the 2024 presidential election.[2]
The president is elected to a four-year term by popular vote, is not term-limited, and has limited powers.
Historically, while first-term elections have often been hard-fought, an incumbent president who decides to run again for office has usually run unopposed, or they have won re-election with an overwhelming majority of the vote when opposed. The 2012 election was a notable exception to this, where incumbent Ólafur Ragnar Grímsson won with only 52.78% of the vote.
Iceland was the first country to have an elected female head of state when Vigdís Finnbogadóttir assumed Iceland's presidency on 1 August 1980.[3]
The presidential residence is situated in Bessastaðir in Garðabær, near the capital city Reykjavík.
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