1988 1. deild karla Standings Standings

| Pos | Team | Played | Won | Draw | Lost | Goals_For | Goals_Against | Goal_Difference | Points | Notes_ |
|---|---|---|---|---|---|---|---|---|---|---|
| 9 | KS | 18 | 5 | 4 | 9 | 38 | 46 | -8 | 19 | Relegated to 1989 2. deild |
| 10 | Þróttur R. | 18 | 2 | 6 | 10 | 27 | 42 | -15 | 12 | Relegated to 1989 2. deild |