Múlaþing () is a municipality in the east Iceland, and was formed in 2020 from the merger of , , and .

It is the second largest municipality in the country by area (the largest being ). The biggest town in the municipality is , with a population of around 2,500. The second largest town of is one of the oldest towns in Iceland.

The feral reindeer of Iceland are mostly situated in , where they number between 5,000 and 10,000. The largest forest in Iceland, , is also located in and surrounds the village.

The Kárahnjúkar Hydropower Plant is located in the municipality.

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