| Competition: | First League of FR Yugoslavia |
| Season: | 1998–99 |
| Winners: | Partizan 16th domestic title |
| Relegated: | none |
| Continentalcup1: | Champions League |
| Continentalcup1 Qualifiers: | Partizan |
| Continentalcup2: | UEFA Cup |
| Continentalcup2 Qualifiers: | Red Star Vojvodina |
| League Topscorer: | Dejan Osmanović (16) |
| Matches: | 216 |
| Total Goals: | 616 |
| Prevseason: | 1997–98 |
| Nextseason: | 1999–2000 |
The 1998–99 First League of FR Yugoslavia was the seventh season of the FR Yugoslavia's top-level football league since its establishment. It was contested by 18 teams, and Partizan won the championship (declared on 12 June 1999).
The championship was stopped on 14 May 1999, because of the NATO bombing of Yugoslavia, after 24 rounds.
| Club | City | Stadium | Capacity |
|---|---|---|---|
| Partizan | Belgrade | Partizan Stadium | 32,710 |
| Red Star | Belgrade | Red Star Stadium | 55,538 |
| Vojvodina | Novi Sad | Karađorđe Stadium | 17,204 |
| Zemun | Zemun, Belgrade | Zemun Stadium | 10,000 |
| Rad | Belgrade | Stadion Kralj Petar I | 6,000 |
| Proleter | Zrenjanin | Stadion Karađorđev park | 13,500 |
| Hajduk Kula | Kula | Stadion Hajduk | 6,000 |
| Obilić | Belgrade | FK Obilić Stadium | 4,500 |
| Železnik | Belgrade | Železnik Stadium | 8,000 |
| Mogren | Budva | Stadion Lugovi | 4,000 |
| OFK Beograd | Karaburma, Belgrade | Omladinski Stadium | 20,000 |
| Sartid 1913 | Smederevo | Smederevo City Stadium | 17,200 |
| Spartak | Subotica | Subotica City Stadium | 13,000 |
| Radnički | Kragujevac | Čika Dača Stadium | 15,000 |
| Priština | Priština | Priština City Stadium | 25,000 |
| Budućnost Podgorica | Podgorica | Podgorica City Stadium | 12,000 |
| Radnički Niš | Niš | Čair Stadium | 18,000 |
| Milicionar | Belgrade | SC MUP Makiš | 4,000 |
Champions: Partizan Belgrade (Coach: Ljubiša Tumbaković)
Players (league matches/league goals)
Nikola Damjanac
Marjan Gerasimovski Milan StojanoskiSource:[1]
| Rank | Player | Club | Goals |
|---|---|---|---|
| 1 | Dejan Osmanović | Hajduk Kula | |
| 2 | Red Star | ||
| 3 | Obilić | 13 | |
| Partizan | |||
| 5 | Spartak | 12 | |
| Partizan |