The 1992 season of 1. deild karla was the 38th season of second-tier football in Iceland.
League table
Top scorers ScorerGoalsTeam Óli Þór Magnússon18Keflavík Þorlákur Árnason17Leiftur Kjartan Einarsson15Keflavík Indriði Einarsson13Fylkir Kristinn Tómasson13Fylkir Þórður Birgir Bogason10Grindavík Hlynur Jóhannsson9Víðir References