| Year: | 1992 |
| Broadcaster: | Icelandic: [[RÚV|Ríkisútvarpið]]|i=no (RÚV) |
| Country: | Iceland |
| Preselection: | Icelandic: [[Söngvakeppnin|Söngvakeppni Sjónvarpsins]] 1992 |
| Preselection Date: | 22 February 1992 |
| Entrant: | Heart 2 Heart |
| Song: | Icelandic: Nei eða já|i=no |
| Final Result: | 7th, 80 points |
Iceland was represented at the Eurovision Song Contest 1992 with the song "Icelandic: Nei eða já|i=no", composed by Friðrik Karlsson and Grétar Örvarsson, with lyrics by Stefán Hilmarsson, and performed by the band Heart 2 Heart. The Icelandic participating broadcaster, Icelandic: [[RÚV|Ríkisútvarpið]]|i=no (RÚV), selected its entry through Icelandic: [[Söngvakeppnin|Söngvakeppni Sjónvarpsins]] 1992.
The Icelandic broadcaster, Icelandic: [[RÚV|Ríkisútvarpið]]|i=no (RÚV), held a national final to select its entry for the Eurovision Song Contest 1992 - Icelandic: [[Söngvakeppnin|Söngvakeppni Sjónvarpsins]] 1992. RÚV held the national final on 22 February 1992 at its television studios in Reykjavík, hosted by Sigrún Waage. Nine songs competed, with the winner being decided through the votes of eight regional juries and a professional jury. The winner was Sigríður Beinteinsdóttir and Sigrún Eva Ármannsdottir with the song "Icelandic: Nei eða já|i=no", composed by Friðrik Karlsson, Grétar Örvarsson, and Stefán Hilmarsson. Sigríður had previously represented as a member of Stjórnin with "Icelandic: Eitt lag enn|i=no".
| Draw | Artist | Song | Points | Place | |
|---|---|---|---|---|---|
| 1 | Arnar Freyr Gunnarsson | "Eva" | 36 | 7 | |
| 2 | Margét Eir | "Þú mátt mig engu leyna" | 43 | 6 | |
| 3 | Helga Möller and Karl Örvarsson | "Þú, um þig, frá þér, til þín" | 30 | 8 | |
| 4 | Bjarni Arason | "Karen" | 80 | 2 | |
| 5 | Gylfi Már Hilmisson | "Nótt sem dag" | 24 | 9 | |
| 6 | Sigríður Beinteinsdóttir and Sigrún Eva Ármannsdottir | "Nei eða já" | 92 | 1 | |
| 7 | Guðrún Gunnarsdóttir | "Ljósdimma nótt" | 51 | 4 | |
| 8 | Björgvin Halldórsson | "Mig dreymir" | 68 | 3 | |
| 9 | Helga Möller and Karl Örvarsson | "Einfalt mál" | 48 | 5 |
| + Detailed Regional Jury Votes | ||||||||||||
| Draw | Song | Total | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | "Eva" | 5 | 5 | 3 | 8 | 2 | 5 | 6 | 2 | 36 | ||
| 2 | "Þú mátt mig engu leyna" | 3 | 4 | 5 | 6 | 7 | 6 | 7 | 5 | 43 | ||
| 3 | "Þú, um þig, frá þér, til þín" | 6 | 3 | 4 | 2 | 3 | 2 | 4 | 6 | 30 | ||
| 4 | "Karen" | 10 | 10 | 10 | 10 | 12 | 8 | 8 | 12 | 80 | ||
| 5 | "Nótt sem dag" | 4 | 2 | 2 | 3 | 5 | 3 | 2 | 3 | 24 | ||
| 6 | "Nei eða já" | 12 | 12 | 12 | 12 | 10 | 12 | 12 | 10 | 92 | ||
| 7 | "Ljósdimma nótt" | 8 | 7 | 8 | 7 | 6 | 4 | 3 | 8 | 51 | ||
| 8 | "Mig dreymir" | 7 | 6 | 6 | 5 | 4 | 7 | 10 | 7 | 16 | 68 | |
| 9 | "Einfalt mál" | 2 | 8 | 7 | 4 | 8 | 10 | 5 | 4 | 48 |
Sigríður and Sigrún performed for Iceland along with Grétar Örvarsson and Friðrik Karlsson as Heart 2 Heart. The group performed 11th on the night of the contest, following and preceding, and received 80 points for their performance of "Nei eða ja", placing 7th of 23 competing countries.[1]