| Competition: | Macedonian First League |
| Season: | 1994–95 |
| Winners: | Vardar 3rd Macedonian title 4th domestic title |
| Relegated: | Borec Kozhuf |
| Continentalcup1: | UEFA Cup |
| Continentalcup1 Qualifiers: | Vardar |
| Continentalcup2: | Cup Winners' Cup |
| Continentalcup2 Qualifiers: | Sileks |
| League Topscorer: | Saša Ćirić (35 goals) |
| Dates: | 14 August 1994 – 18 June 1995[1] |
| Biggest Home Win: | Osogovo 10–0 Borec |
| Biggest Away Win: | Kozhuf 1–5 Vardar Kozhuf 0–4 Belasica |
| Highest Scoring: | Sileks 10–1 Kozhuf |
| Matches: | 240 |
| Total Goals: | 714 |
| Prevseason: | 1993–94 |
| Nextseason: | 1995–96 |
The 1994–95 Macedonian First League was the 3rd season of the Macedonian First Football League, the highest football league of Macedonia. The first matches of the season were played on 14 August 1994 and the last on 18 June 1995. Vardar defended their championship title, having won their third title in a row.
Relegated to 1994–95 Second League
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Relegated to 1995–96 Second League
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| Club | City | Stadium | |
|---|---|---|---|
| Balkan BISI | Skopje | Chair Stadium | |
| Belasica | Strumica | Stadion Mladost | |
| Borec | Titov Veles | Gradski stadion Titov Veles | |
| FCU Skopje | Skopje | Stadion Cementarnica | |
| Kozhuf Vinojug | Gevgelija | Gradski stadion Gevgelija | |
| Ljuboten | Tetovo | Gradski stadion Tetovo | |
| Ohrid | Ohrid | SRC Biljanini Izvori | |
| Osogovo | Kochani | Stadion Nikola Mantov | |
| Pelister | Bitola | Stadion Tumbe Kafe | |
| Pobeda Vitaminka | Prilep | Stadion Goce Delchev | |
| Rudar | Probishtip | Gradski stadion Probištip | |
| Sasa | Makedonska Kamenica | Gradski stadion Makedonska Kamenica | |
| Sileks | Kratovo | Stadion Sileks | |
| Sloga Jugomagnat | Skopje | Chair Stadium | |
| Tikvesh | Kavadarci | Gradski stadion Kavadarci | |
| Vardar | Skopje | Gradski stadion Skopje |