The 42nd annual Berlin International Film Festival was held from 13 to 24 February 1992.

[2] The festival opened with The Inner Circle by Andrei Konchalovsky.

[2] The Golden Bear was awarded to American film Grand Canyon directed by Lawrence Kasdan.

[3] The retrospective dedicated to Babelsberg Studios films was shown at the festival.

[4] The following people were announced as being on the jury for the festival:[5] The following films were in competition for the Golden Bear and Silver Bear awards:[1] The following prizes were awarded by the Jury:[3]