Elimination Chamber (2012) (also known as No Way Out (2012) in Germany) was a professional wrestling pay-per-view event produced by WWE. The third event under the Elimination Chamber chronology, it took place on February 19, 2012 at the Bradley Center in Milwaukee, Wisconsin.

The event garnered 178,000 pay-per-view buys, down from 199,000 buys the previous year's event received.

Elimination Chamber featured professional wrestling matches that involved different wrestlers from pre-existing scripted feuds, plots, and storylines that were played out on Raw, SmackDown, and WWE Superstars—WWE's television programs. Wrestlers portrayed villains or heroes as they followed a series of events that built tension, and culminated in a wrestling match or series of matches.

The first match was announced by Interim Raw General Manager John Laurinaitis on January 30, 2012, on WWE's website. The announcement stated that there will be a Raw Elimination Chamber match for the WWE Championship. In the match, CM Punk will defend his championship against Dolph Ziggler, Chris Jericho, The Miz, R-Truth, and Kofi Kingston. The following week on Raw, Jericho won a Six-Pack Challenge featuring all six Elimination Chamber participants to earn the right to enter the match last.

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