| Competition: | Prva savezna liga |
| Season: | 1954 - 55 |
| Winners: | Hajduk Split 3rd Federal League title 5th Yugoslav title overall |
| Relegated: | Vardar Lokomotiva |
| Continentalcup1: | European Cup |
| Continentalcup1 Qualifiers: | Partizan |
| League Topscorer: | Predrag Marković Kosta Tomašević Bernard Vukas (20 goals each) |
| Prevseason: | 1953–54 |
| Nextseason: | 1955–56 |
At the end of the previous season Odred Ljubljana and Rabotnički were relegated from top level. They were replaced by NK Zagreb and Željezničar.
Champions:
players (league matches/league goals):