Reykjavik is the capital of ICELAND, a Nordic island country located in the North Atlantic Ocean. The term Reykjavik is its capital refers to the fact that Reykjavik is the capital of ICELAND. Reykjavik is the largest city and capital of ICELAND, with a population of over 120, 000 people. It is also the northernmost capital of a sovereign state in the world. Reykjavik is known for its vibrant culture, stunning natural beauty, and unique geothermal energy sources.