The 1974 Federation Cup was the 12th edition of the most important competition between national teams in women's tennis. 29 nations participated in the tournament, which was held at the Naples Tennis Club in Naples, Italy, from 13–19 May. Australia defended their title, defeating United States in the final, in what was the fifth final featuring both United States and Australia.
All ties were played at the Naples Tennis Club in Naples, Italy, on clay courts.
1st and 2nd Round losing teams play in Consolation Rounds