Iceland has participated in the Eurovision Song Contest 36 times since its debut in 1986, missing only two contests since then, in 1998 and 2002, when prevented from competing due to finishing outside qualification places the preceding years. The country's best result is second place, which it achieved with Selma in 1999 and Yohanna in 2009. The Icelandic broadcaster for the contest is Ríkisútvarpið (RÚV), which also broadcasts Iceland's national selection competition, Söngvakeppnin.

The Eurovision Song Contest 1986 was the 31st edition of the annual Eurovision Song Contest. It was held in Bergen, Norway, following the country's victory at the 1985 contest with the song "La det swinge" by Bobbysocks! Organised by the European Broadcasting Union (EBU) and host broadcaster Norsk rikskringkasting (NRK), the contest was held at Grieghallen on 3 May 1986 and was hosted by previous Norwegian contestant Åse Kleveland.