| # | Serbian and Montenegrin First League | G | W | D | L | GF | GA | Pts | +- | ||
| - | Partizan Beograd | 18 | 13 | 3 | 2 | 44 | 10 | 42 | 34 | Champions | |
| - | Crvena Zvezda Beograd* | 18 | 12 | 2 | 4 | 40 | 18 | 37 | 22 | ||
| - | FK Vojvodina Novi Sad* | 18 | 8 | 5 | 5 | 29 | 19 | 31 | 10 | ||
| - | OFK Beograd | 18 | 7 | 3 | 8 | 21 | 26 | 24 | -5 | ||
| - | Spartak Subotica | 18 | 6 | 5 | 7 | 22 | 26 | 23 | -4 | ||
| - | FK Zemun* | 18 | 6 | 3 | 9 | 19 | 25 | 23 | -6 | ||
| * | FK Buducnost Podgorica | 18 | 7 | 2 | 9 | 21 | 33 | 23 | -12 | Relegated | |
| * | FK Radnicki Beograd* | 18 | 5 | 5 | 8 | 15 | 28 | 19 | -13 | Relegated | |
| * | Proleter Zrenjanin* | 18 | 4 | 3 | 11 | 8 | 28 | 18 | -20 | Relegated | |
| * | FK Becej* | 18 | 6 | 1 | 11 | 22 | 28 | 17 | -6 | Relegated |