Iceland competed at the 1988 Summer Olympics in Seoul, Korea.
Men's Discus Throw
Vésteinn Hafsteinsson
Qualification — 58.94 m (→ did not advance)
Eggert Bogason
Qualification — no mark (→ did not advance)
Men's Javelin Throw
Einar Vilhjálmsson
Qualification — 78.92 m (→ did not advance)
Sigurður Einarsson
Qualification — 75.52 m (→ did not advance)
Men's Shot Put
Pétur Guðmundsson
Qualification — 19.21 m (→ did not advance)
Women's Javelin Throw
Íris Grönfeldt
Qualification – 54.28 m (→ did not advance)
Men's 50m Freestyle
Magnús Ólafsson
Heat — 24.50 (→ did not advance, 40th place)
Men's 100m Freestyle
Magnús Ólafsson
Heat — 52.01 (→ did not advance, 31st place)
Men's 200m Freestyle
Magnús Ólafsson
Heat — 1:53.05 (→ did not advance, 28th place)
Men's 400m Freestyle
Ragnar Guðmundsson
Heat — 4:05.12 (→ did not advance, 37th place)
Men's 1500m Freestyle
Ragnar Guðmundsson
Heat — 15:57.54 (→ did not advance, 31st place)
Men's 100m Backstroke
Eðvarð Eðvarðsson
Heat — 57.70
B-Final — 58.20 (→ 16th place)
Men's 200m Backstroke
Eðvarð Eðvarðsson
Heat — 2:05.61 (→ did not advance, 24th place)
Men's 100m Breaststroke
Arnþór Ragnarsson
Heat — 1:07.93 (→ did not advance, 50th place)
Men's 200m Breaststroke
Arnþór Ragnarsson
Heat — 2:27.93 (→ did not advance, 43rd place)
Men's 200m Individual Medley
Arnþór Ragnarsson
Heat — 2:10.18 (→ did not advance, 27th place)
Women's 50m Freestyle
Bryndís Ólafsdóttir
Heat — 28.38 (→ did not advance, 37th place)
Women's 100m Freestyle
Bryndís Ólafsdóttir
Heat — 59.56 (→ did not advance, 40th place)
Women's 200m Freestyle
Bryndís Ólafsdóttir
Heat — 2:07.11 (→ did not advance, 32nd place)
Women's 100m Breaststroke
Ragnheiður Runólfsdóttir
Heat — 1:13.01 (→ did not advance, 23rd place)
Women's 200m Breaststroke
Ragnheiður Runólfsdóttir
Heat — 2:39.10 (→ did not advance, 27th place)
Women's 200m Individual Medley
Ragnheiður Runólfsdóttir
Heat — 2:22.65 (→ did not advance, 24th place)