Presidential elections are due to be held in Iceland on 1 June 2024. Incumbent president Guðni Th. Jóhannesson has announced he will not be seeking a third term.
The previous presidential elections on 27 June 2020 saw incumbent president Guðni Th. Jóhannesson re-elected for a second four-year term with 92% of the vote. The office of President is not term-limited; however, despite being eligible to serve a third term, Guðni announced in his New Year’s address to the Icelandic people on 1 January 2024 that he would not stand for re-election again.
Sources and further reading:
Iceland appoints Bjarni Benediktsson to replace Katrín Jakobsdóttir as PM, Guardian 10.04.24
Would The Next President Of Iceland Please Step Forward, Rejkavic Grapevine 09.05.24
https://grapevine.is/mag/feature/2024/05/09/introducing-the-next-president-of-iceland/