Competitions were held at the Wukesong Indoor Stadium in Beijing, China.

[1] Carmelo Anthony Carlos Boozer Chris Bosh Kobe Bryant Dwight Howard LeBron James Jason Kidd Deron Williams Chris Paul Tayshaun Prince Michael Redd Dwyane Wade José Calderón Rudy Fernández Jorge Garbajosa Marc Gasol Pau Gasol Carlos Jiménez Raúl López Álex Mumbrú Juan Carlos Navarro Felipe Reyes Berni Rodríguez Ricky Rubio Carlos Delfino Manu Ginóbili Román González Juan Pedro Gutiérrez Leonardo Gutiérrez Federico Kammerichs Andrés Nocioni Fabricio Oberto Pablo Prigioni Antonio Porta Paolo Quinteros Luis Scola Seimone Augustus Sue Bird Tamika Catchings Sylvia Fowles Kara Lawson Lisa Leslie DeLisha Milton-Jones Candace Parker Cappie Pondexter Katie Smith Diana Taurasi Tina Thompson Suzy Batkovic Tully Bevilaqua Rohanee Cox Hollie Grima Kristi Harrower Lauren Jackson Erin Phillips Emma Randall Jenni Screen Belinda Snell Laura Summerton Penny Taylor Svetlana Abrosimova Becky Hammon Marina Karpunina Ilona Korstin Marina Kuzina Ekaterina Lisina Irina Osipova Oxana Rakhmatulina Tatiana Shchegoleva Irina Sokolovskaya Maria Stepanova Natalia Vodopyanova Basketball players that carried their flags at the opening ceremony were Yao Ming (for the People's Republic of China), Šarūnas Jasikevičius (for Lithuania), Dirk Nowitzki (for Germany), Andrei Kirilenko (for the Russian Federation), and Manu Ginóbili (for Argentina).

The reigning world champions and the host country qualify automatically, as do the winners of the five continental championships (plus the men's runners-up from Europe and the Americas).

The best teams from the continental championships that did not automatically qualify participated in the FIBA World Olympic Qualifying Tournament or FIBA World Olympic Qualifying Tournament for Women to determine the final spots in Beijing.

Tie-breaking criteria: Each team is limited to twelve players on its roster.