 the first woman in the world to become elected head of state .19941 JanuaryIceland joins the European Economic Area .19961 AugustÓlafur Ragnar Grímsson becomes president. 
<meaning-changed>  the first woman in the world to become elected head of state .19941 JanuaryIceland joins the European Economic Area .19961 AugustÓlafur Ragnar Grímsson becomes president. 
 the first woman in the world to become elected head of state .19941 JanuaryIceland joins the European Economic Area . |- |style="text-align: right;"|1996||1 August||Ólafur Ragnar Grímsson becomes president. 