| Tournament details | |
|---|---|
| Host country |  Iceland |
| Venue(s) | Reykjavík |
| Dates | April 24 – April 29 |
| Teams | 5 |
| Final positions | |
Champions  | Iceland |
Runner-up  |  Turkey |
Third place  |  Armenia |
| Tournament statistics | |
| Games played | 10 |
| Scoring leader(s) | Cengiz Çıplak (14 pts) |
The 2006 IIHF World Championship Division III was an international ice hockey tournament run by the International Ice Hockey Federation. The tournament was contested on April 24–29, 2006 in Reykjavík, Iceland. Iceland won the championship and gained promotion, along with Turkey, into the 2007 Division II tournament.