Peder Østlund (7 May 1872 – 22 January 1939) was a Norwegian speed skater.
Peder Østlund held the first position on the Adelskalender ranking during two periods, for a total of almost 10 years (3,644 days).
He became World Allround Champion in 1898 and 1899, and became European Allround Champion in 1899 and 1900.
He was Norwegian Allround Champion in 1898.
Østlund held world records ten times throughout his career.
In Davos on the weekend of 10–11 February 1900 he set four of them.
Østlund represented the club Trondhjems Skøiteklub.