The league was contested by fifteen teams, two less than in the previous season, and BSG Turbine Erfurt won the championship.
[3][4] Heinz Satrapa of BSG Wismut Aue was the league's top scorer with 21 goals.
[1] The 1953–54 season saw the best-ever average support for the Oberliga with 14,005 spectators per game.
[2] The 1953–54 season saw two newly promoted clubs, Fortschritt Meerane and Einheit Ost Leipzig.
The FDGB-Pokal was won by second division DDR-Liga club ZSK Vorwärts Berlin.