29 June 2016 Last updated at 14:48 BST
It's a tiny island nation, with a population of around 320,000, about the same size as the city of Leicester.
Heimir HallgrÃ­msson the Iceland football manager jointly manages the team with Lars LagerbÃ¤ck, and spends the rest of his time looking after people's teeth as a dentist.
Take a look at our video, to find out more fun facts about Iceland...
From crazy commentary, to epic chants, to knocking out one of the top teams in the Euros, we've been finding out more about Iceland.