The following lists events that happened in 2001 in Iceland.
Incumbents President – Ólafur Ragnar Grímsson Prime Minister – Davíð Oddsson
Events 17 February – Kristján Gíslason and Gunnar Ólason won Iceland’s Eurovision selection with “Birta”. 25 March – Iceland began fully implementing the Schengen Agreement, removing border controls with other participating countries. 27 March – The Government of Iceland and the Central Bank of Iceland adopted an inflation-targeting framework. May – A new Central Bank Act came into effect, giving the Central Bank of Iceland greater independence. 12 May – Two Tricky represented Iceland at the Eurovision Song Contest and finished joint last with three points. 8 June - Iceland announced its intention to rejoin the International Whaling Commission. Its application was later rejected, but Iceland was allowed to participate as an observer. 1 July – Iceland’s Act on Interest and Price Indexation entered into force. 23–27 July – The International Whaling Commission rejected Iceland’s reservation concerning commercial whaling and allowed Iceland to participate as an observer. 27 August – Icelandic singer Björk released her fourth studio album, Vespertine. 1 September – Iceland defeated the Czech Republic 3–1 in a FIFA World Cup qualifying match. 27 September – Iceland’s women’s under-19 football team advanced to the second qualifying round of the European Championship after winning all three group matches. 21 December – Iceland’s Film Act No. 137/2001 was enacted.
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