# Iceland at the 1972 Summer Olympics

Iceland competed at the 1972 Summer Olympics in Munich, West Germany.

## Results by event
### Athletics
#### Key

* Note–Ranks given for track events are within the athlete's heat only
* Q = Qualified for the next round
* q = Qualified for the next round as a fastest loser or, in field events, by position without achieving the qualifying target
* NR = National record
* N/A = Round not applicable for the event
* Bye = Athlete not required to compete in round

#### Track & road events

| Athlete | Event | Heat | Heat | Quarterfinals | Quarterfinals | Semifinal | Semifinal | Final | Final |
| Athlete | Event | Result | Rank | Result | Rank | Result | Rank | Result | Rank |
| Bjarni Stefánsson | 100 m | 10.99 | 6 | did not advance | did not advance | did not advance | did not advance | did not advance | did not advance |
| Bjarni Stefánsson | 400 m | 46.76 | 5 | 46.92 | 6 | did not advance | did not advance | did not advance | did not advance |
| Þorsteinn Þorsteinsson | 800 m | 1:50.8 | 6 | — | — | did not advance | did not advance | did not advance | did not advance |

#### Field events

| Athlete | Event | Qualification | Qualification | Final | Final |
| Athlete | Event | Distance | Position | Distance | Position |
| Erlendur Valdimarsson | discus throw | 55.38 | 23 | did not advance | did not advance |

#### Field events

| Athlete | Event | Qualification | Qualification | Final | Final |
| Athlete | Event | Distance | Position | Distance | Position |
| Lára Sveinsdóttir | high jump | 1.60 | 37 | did not advance | did not advance |

### Handball
#### Summary

Key:
* ET – After extra time
* P – Match decided by penalty-shootout.
| Team | Event | Preliminary Round | Preliminary Round | Preliminary Round | Classification | Classification | Classification | Main Round | Main Round | Main Round | Final / BM / Classification | Final / BM / Classification |
| Team | Event | Opposition Score | Opposition Score | Opposition Score | Opposition Score | Opposition Score | Rank | Opposition Score | Opposition Score | Opposition Score | Opposition Score | Rank |
| Iceland men's | Men's tournament | East Germany L 11–16 | Czech Republic D 19–19 | Tunisia W 27–16 | Poland L 17–20 | Japan L 18–19 | 12 | did not advance | did not advance | did not advance | did not advance | did not advance |
* Axel Axelsson
* Ólafur Benediktsson
* Björgvin Björgvinsson
* Hjalti Einarsson
* Sigurður Einarsson
* Birgir Finnbogason
* Stefán Gunnarsson
* Geir Hallsteinsson
* Ólafur Jónsson
* Stefán Jónsson
* Jón Magnússon
* Ágúst Ögmundsson
* Sigurbergur Sigsteinsson
* Viðar Símonarson
* Gunnsteinn Skúlason

### Swimming
#### Men

| Athlete | Event | Heat | Heat | Semifinal | Semifinal | Final | Final |
| Athlete | Event | Time | Rank | Time | Rank | Time | Rank |
| Finnur Garðarsson | 100 m freestyle | 55.97 | 6 | did not advance | did not advance | did not advance | did not advance |
| Finnur Garðarsson | 200 m freestyle | 2:08.88 | 8 | — | — | did not advance | did not advance |
| Friðrik Guðmundsson | 400 m freestyle | 4:26.25 | 7 | — | — | did not advance | did not advance |
| Friðrik Guðmundsson | 1500 m freestyle | 17:32.47 | 6 | — | — | did not advance | did not advance |
| Guðjón Guðmundsson | 100 m breaststroke | 1:11.11 | 8 | did not advance | did not advance | did not advance | did not advance |
| Guðjón Guðmundsson | 200 m breaststroke | 2:32.40 | 4 | — | — | did not advance | did not advance |
| Guðmundur Gíslason | 200 m individual medley | 2:20.00 | 5 | — | — | did not advance | did not advance |
| Guðmundur Gíslason | 400 m individual medley | 5:03.54 | 7 | — | — | did not advance | did not advance |

### Weightlifting
#### Men

| Athlete | Event | Military press | Military press | Snatch | Snatch | Jerk | Jerk | Total | Rank |
| Athlete | Event | Result | Rank | Result | Rank | Result | Rank | Total | Rank |
| Guðmundur Sigurðsson | 90 kg | 142.5 | | 135.0 | | 177.5 | | 455.0 | 13 |
| Óskar Sigurpálsson | 110 kg | 177.5 | | 117.5 | | 182.5 | | 477.5 | 19 |