The men's 200 metre backstroke event at the 1992 Summer Olympics took place on 28 July at the Piscines Bernat Picornell in Barcelona, Spain.

Vladimir Selkov of the Unified Team took silver, while Stefano Battistelli of Italy earned bronze.

It was the first medal in the men's 200 metre backstroke for each nation (though the Soviet Union, from the former republics of which the Unified Team was formed, had taken gold in 1988).

The medalists at the 1991 World Aquatics Championships had been Martín López-Zubero of Spain, Stefano Battistelli of Italy, and Vladimir Selkov of the Soviet Union.

[2] Colombia, Estonia, Fiji, Israel, Kuwait, Norway, Paraguay, and Turkey each made their debut in the event; some former Soviet republics competed as the Unified Team.

Australia and Great Britain each made their eighth appearance, tied for most among nations to that point.

López-Zubero and Battistelli finished strong, with the former taking the lead with 25 metres to go; the latter caught Itoi but not Selkov.