Organised by the European Broadcasting Union (EBU) and host broadcaster Sveriges Television (SVT), and presented by Lydia Capolicchio and Harald Treutiger, the contest was held in Sweden following the country's victory at the 1991 contest with the song "Fångad av en stormvind" by Carola.

[6] Ahead of the 1991 event the Maltese broadcaster had been told by the contest organisers that they would only be allowed to remain in the competition if another nation dropped out of the event, however after placing sixth in the 1991 contest, the organisers instead decided to raise the maximum number of participating countries to twenty-three to make space for continued Maltese participation.

[10][12] Additionally, Cyprus's Evridiki participated as lead artist after previously performing backing vocals for the Cypriot entries in 1983, 1986 and 1987.

[13] The Eurovision Song Contest 1992 was produced by the Swedish public broadcaster Sveriges Television (SVT).

[10] On behalf of the contest organisers, the European Broadcasting Union (EBU), the event was overseen by Frank Naef as scrutineer.

[23][24] Following the confirmation of the twenty-three competing countries, the draw to determine the running order was held on 3 December 1991 and was conducted by Carola.

[25] The points awarded by each country were determined by an assembled jury of sixteen individuals, which was required to be split evenly between members of the public and music professionals, between men and women, and by age.

The votes of each member were collected following the country's performance and then tallied by the non-voting jury chairperson to determine the points to be awarded.

In any cases where two or more songs in the top ten received the same number of votes, a show of hands by all jury members was used to determine the final placing.

[26][27] The stage design for the Malmö contest centred around a large representation of the bow of a Viking ship, flanked on either side by sets of stairs, while a hexagonal design was used for the floor area in front which was painted to resemble the Eurovision network logo.

During the contest week the participating delegations were also invited to a welcome reception, which was held in Malmö rådhus [sv].

[11][28] This was followed by performances within the venue by the Malmöflickorna [sv] rhythmic gymnastics troupe, involving ribbon choreography to an instrumental version of "Fångad av en stormvind", and the previous year's winning artist Carola who sang the song "All the Reasons to Live".

[23] Broadcasters were able to send commentators to provide coverage of the contest in their own native language and to relay information about the artists and songs to their television viewers.

[49][50] The contest was broadcast in 44 countries, including Australia, New Zealand and South Korea, with an estimated global audience of 150 to 250 million viewers.