Independence Party (Iceland)

The Independence Party (Icelandic: Sjálfstæðisflokkurinn) is a conservative political party in Iceland. It is currently the largest party in the Alþingi, with 17 seats. The chairman of the party is Bjarni Benediktsson and the vice chairman of the party is Þórdís Kolbrún R. Gylfadóttir.

It was formed in 1929 through a merger of the Conservative Party and the Liberal Party. This united the two parties advocating the dissolution of the Union of Denmark and Iceland; dissolution was achieved in 1944, during the German occupation of Denmark. Since its formation in 1929, the party has won the largest share of the vote in every election except the 2009 election, when it fell behind the Social Democratic Alliance. Every Independence Party leader has also at some point held the office of Prime Minister. Since 2013, there have been three different coalition governments in Iceland, all of which have included the Independence Party.

On fiscal issues, the Independence Party is economically liberal, favouring privatisation, and opposed to interventionism. Positioned ideologically on the centre-right of the political spectrum, the party is most strongly supported by fishermen and high-income earners. A longstanding member of the International Democracy Union, in September 2023 the party obtained associate member status in the European People's Party.