The United States' Mary Joe Fernández and Spain's Arantxa Sánchez Vicario won the bronze medals.

The tournament was held from 28 July to 7 August at the Tennis de la Vall d'Hebron in Barcelona, Spain.

[1] Germany's Steffi Graf was the defending Olympic champion (who had achieved the Golden version of the Grand Slam in 1988) and the #1 seed again in 1992.

Two of her top competitors, Martina Navratilova of the United States and Monica Seles of Yugoslavia, were ineligible because they had not played in the Billie Jean King Cup.

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