The 1994 Federation Cup was the 32nd edition of the most important competition between national teams in women's tennis. Spain defeated the United States in the final, giving Spain their 3rd and 2nd consecutive title.
This was the last competition to bear the name "Federation Cup", and the last in which the final group of teams assembled to compete at a single site. The following year, the International Tennis Federation rechristened the competition the Fed Cup, and adopted a Davis Cup-style format in which all ties were held in one of the competing countries.
Venue: Cochabamba Tennis Centre, Cochabamba, Bolivia (outdoor clay)
Dates: April 11–17
Venue: Delhi LTA Complex, New Delhi, India (outdoor clay)
Dates: May 2–6
Venue: Freizeit Park, Bad Waltersdorf, Austria (outdoor clay)
Dates: April 18–23
Venue: Waldstadion T.C., Frankfurt, Germany (outdoor clay)
Dates: July 18–24