Iceland is a representative democracy and a parliamentary republic. Iceland has a president (Guðni Th. Jóhannesson) and a prime minister (Katrín Jakobsdóttir). The parliament, Althing, has 63 members and each member can only be in there for four years. The president is elected by Icelanders, and is in government for four years. The president can be elected an unlimited amount of times.