The 1988 Federation Cup was the 26th edition of the most important competition between national teams in women's tennis. The tournament was held at Flinders Park in Melbourne, Australia, from 4–11 December. Czechoslovakia defeated the Soviet Union in the final (in what was the first time the Soviet Union reached the semifinals since 1979), giving Czechoslovakia their 5th title, and 4th in six years.
All ties were played at Flinders Park in Melbourne, Australia, on hard courts.
Winning nations advance to Main Draw, losing nations play in Consolation Rounds.
1st Round losing teams play in Consolation Rounds