| Yugoslav First Basketball League | |
| T Bg: |
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| T Color: |
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| Season: | 1954 |
| Champions: | Crvena zvezda (9th title) |
| Runners Up: | Mladost |
| Teams: | 12 |
| Games: | 132 |
| Top Seed: | Crvena zvezda |
| Ppg: | 27.2 |
| Ppg N: | YUG |
| Prevseason: | 1953 |
| Nextseason: | 1955 |
| Updated: | 26 April 2017 |
The 1954 Yugoslav First Basketball League season is the 10th season of the Yugoslav First Basketball League, the highest professional basketball league in SFR Yugoslavia.
| PR Serbia | PR Croatia
| PR Slovenia |
| width=20 | ! | width=200 | Teams ! | width=20 | ! | width=20 | ! | width=20 | ! | width=20 | ! | width=35 | ! | width=35 | ! | Champion or relegation | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Crvena zvezda | 32 | 22 | 16 | 0 | 6 | 1483 | 1278 | Champion | ||||||||
| 2. | 31 | 22 | 15 | 1 | 6 | 1379 | 1277 | ||||||||||
| 3. | 30 | 22 | 15 | 0 | 7 | 1443 | 1345 | ||||||||||
| 4. | 27 | 22 | 13 | 1 | 8 | 1394 | 1313 | ||||||||||
| 5. | 26 | 22 | 12 | 2 | 8 | 1432 | 1386 | ||||||||||
| 6. | 25 | 22 | 12 | 1 | 9 | 1311 | 1274 | ||||||||||
| 7. | 24 | 22 | 12 | 0 | 10 | 1359 | 1361 | ||||||||||
| 8. | 23 | 22 | 11 | 1 | 10 | 1401 | 1360 | ||||||||||
| 9. | 18 | 22 | 7 | 4 | 11 | 1268 | 1259 | ||||||||||
| 10. | 10 | 22 | 5 | 0 | 17 | 1166 | 1323 | Relegated | |||||||||
| 11. | 10 | 22 | 5 | 0 | 17 | 1134 | 1328 | ||||||||||
| 12. | 10 | 22 | 4 | 0 | 18 | 1183 | 1449 |
The winning roster of Crvena zvezda:
Coach: Nebojša Popović