HELSINKI -- Businesswoman Halla Tomasdottir is set to become Iceland's new president, official data from the Icelandic national broadcaster RUV showed Sunday.

According to the RUV, Tomasdottir led her opponents with 34.3 percent of the vote, followed by former Prime Minister Katrina Jakobsdottir, who came in second with 25.2 percent.

Earlier, Jakobsdottir reportedly congratulated Tomasdottir when she spoke to the RUV during her election party.

In Iceland's presidential election, the candidate who garners the most votes gets elected.