General elections were held in Serbia on 20 December 1992.

The SPS formed a government with Vojislav Šešelj's Serbian Radical Party.

The presidential election was marked by a total domination of state-run media by Milošević with accusations of voter fraud and tampering.

Milan Panić refused to accept the result, and stated that he believed he was the true election winner.

The elections were boycotted by political parties of ethnic Kosovo Albanians, who made up around 17% of the population.