Þorsteinn Pálsson (pronounced [ˈθɔr̥steitn ˈpʰaulsɔn]; born 29 October 1947) served as prime minister of Iceland for the Independence Party from 8 July 1987 to 28 September 1988.

[1] Þorsteinn led the Independence Party from 1983 to 1991, when he lost an inner partial election to then vice-chairman of the party and mayor of Reykjavík, Davíð Oddsson.

His coalition was dissolved in September 1988 by Progressive Party leader, Steingrímur Hermannsson and Social Democratic Party leader, Jón Baldvin Hannibalsson because of different views on price stagnation.

When Davíð Oddsson formed his first government in 1991 he appointed Þorsteinn as minister of Fisheries and Justice and Ecclesiastical Affairs.

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