| Country: | Kingdom of Iceland |
| Type: | parliamentary |
| Previous Election: | 1934 |
| Election Date: | 29 June 1937 |
| Next Election: | July 1942 |
| Seats For Election: | All 33 seats in the Lower House and 16 seats in the Upper House of Althing |
| Heading1: | Upper House |
| Leader1: | Ólafur Thors |
| Party1: | Independence Party (Iceland) |
| Last Election1: | 6 |
| Seats1: | 6 |
| Percentage1: | 41.31 |
| Leader2: | Jónas frá Hriflu |
| Party2: | Progressive Party (Iceland) |
| Last Election2: | 6 |
| Seats2: | 7 |
| Percentage2: | 24.92 |
| Leader3: | Jón Baldvinsson |
| Party3: | Social Democratic Party (Iceland) |
| Last Election3: | 3 |
| Seats3: | 2 |
| Percentage3: | 18.98 |
| Leader4: | Brynjólfur Bjarnason |
| Party4: | Communist Party of Iceland |
| Last Election4: | 0 |
| Seats4: | 1 |
| Percentage4: | 8.44 |
| Heading5: | Lower House |
| Leader5: | Ólafur Thors |
| Party5: | Independence Party (Iceland) |
| Last Election5: | 14 |
| Seats5: | 11 |
| Percentage5: | 41.31 |
| Leader6: | Jónas frá Hriflu |
| Party6: | Progressive Party (Iceland) |
| Last Election6: | 9 |
| Seats6: | 12 |
| Percentage6: | 24.92 |
| Leader7: | Jón Baldvinsson |
| Party7: | Social Democratic Party (Iceland) |
| Last Election7: | 7 |
| Seats7: | 6 |
| Percentage7: | 18.98 |
| Leader8: | Brynjólfur Bjarnason |
| Party8: | Communist Party of Iceland |
| Last Election8: | 0 |
| Seats8: | 2 |
| Percentage8: | 8.44 |
| Leader9: | Þorsteinn Briem |
| Party9: | Farmers' Party (Iceland, 1933) |
| Last Election9: | 2 |
| Seats9: | 2 |
| Percentage9: | 6.13 |
| Prime Minister | |
| Before Party: | Progressive Party (Iceland) |
| After Party: | Progressive Party (Iceland) |
Parliamentary elections were held in Iceland on 29 June 1937.[1] Although the Independence Party won a plurality of votes, the Progressive Party emerged as the largest party in the Lower House of the Althing, winning 12 of the 33 seats.