Sixteen national teams affiliated with the International Basketball Federation (FIBA) entered the competition.

Soviet Union: Jānis Krūmiņš, Gennadi Volnov, Jaak Lipso, Armenak Alachachian, Guram Minashvili, Tõnno Lepmets, Juris Kalnins, Aleksander Travin, Aleksander Petrov, Viacheslav Khrinin, Vadim Gladun, Olgerts Jurgensons (Coach: Alexander Gomelsky) 2.

Poland: Mieczysław Łopatka, Bohdan Likszo, Janusz Wichowski, Andrzej Pstrokonski, Leszek Arent, Zbigniew Dregier, Kazimierz Frelkiewicz, Wieslaw Langiewicz, Andrzej Nartowski, Stanislaw Olejniczak, Jerzy Piskun, Krzysztof Sitkowski (Coach: Witold Zagórski) 3.

Yugoslavia: Radivoj Korać, Ivo Daneu, Trajko Rajković, Slobodan Gordić, Borut Bassin, Nemanja Đurić, Miodrag Nikolić, Miloš Bojović, Živko Kasun, Emil Logar, Zvonko Petričević, Dragoslav Ražnatović (Coach: Aleksandar Nikolić) 4.

Hungary: János Greminger, Laszlo Gabanyi, János Simon, Janos Bencze, Miklos Bohaty, Gyorgy Polik, Gyorgy Vajdovics, Jozsef Prieszol, Arpad Glatz, Tibor Kangyal, Otto Temesvari, Pal Koczka (Coach: Tibor Zsiros)