The 1972 Winter Olympics, officially known as the XI Olympic Winter Games (第十一回オリンピック冬季競技大会, Dai Jūichi-kai Orinpikku Tōkikyōgi Taikai) (French: Les XIes Jeux olympiques d'hiver), were a winter multi-sport event which was held from February 3 to February 13, 1972, in Sapporo, Hokkaidō, Japan. It was the first Winter Olympics to be held outside Europe and North America, and only the third game (summer or winter) held outside those regions over all, after Melbourne (1956 Summer Olympics) and Tokyo (1964 Summer Olympics).

Sapporo first won the rights to host the 1940 Winter Olympics, but Japan resigned as the Games' host after its 1937 invasion of China. The 1940 Games were later cancelled. All the cities awarded Games that were cancelled due to war have since hosted the Games (Berlin, London, Tokyo, Helsinki, Sapporo and Cortina d'Ampezzo).

Sapporo competed with Banff, Lahti, and Salt Lake City. The Games were awarded at the 64th IOC Session in Rome, Italy, on April 26, 1966.

In preparation, the Japanese constructed new largescale facilities at Sapporo and conducted a trial run a full year in advance of the Games. An international sport week was held in February, 1971, to assess the city's preparations as well as "to test its civic mettle and hospitality", and this effort was acclaimed by Olympic observers as "a complete success". The development of new infrastructure proved to be a huge boon for the Sapporo economy: by the time of the Games, the national government had invested some US$500 million in upgrades, including a new subway. The Games' organizers themselves turned a healthy profit in part because they arranged a record $8.47 million for broadcast rights.

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