The Yellow Flag (German: Die gelbe Flagge) is a 1937 German drama film directed by Gerhard Lamprecht and starring Hans Albers, Olga Chekhova and Dorothea Wieck.

The film's sets were designed by the art director Ludwig Reiber.

An adventurer, Peter Diercksen, travels to South America to guide an expedition into the jungle.

Later he is able to go to the rescue of the survivors including the American journalist Helen Roeder whom he is in love with.

This article related to a German film of the 1930s is a stub.