| # | Serbian and Montenegrin First League | G | W | D | L | GF | GA | Pts | +- | ||
| - | FK Obilic Beograd | 33 | 27 | 5 | 1 | 72 | 19 | 86 | 53 | Champions | |
| - | Crvena Zvezda Beograd | 33 | 27 | 3 | 3 | 86 | 22 | 84 | 64 | ||
| - | Partizan Beograd | 33 | 22 | 4 | 7 | 73 | 38 | 70 | 35 | ||
| - | FK Vojvodina Novi Sad | 33 | 14 | 7 | 12 | 57 | 63 | 49 | -6 | ||
| - | Rad Beograd | 33 | 12 | 6 | 15 | 35 | 39 | 42 | -4 | ||
| - | FK Zemun | 33 | 10 | 9 | 14 | 38 | 50 | 39 | -12 | ||
| - | Hajduk Kula | 33 | 10 | 5 | 18 | 32 | 51 | 35 | -19 | ||
| - | FK Buducnost Podgorica | 33 | 8 | 9 | 16 | 27 | 53 | 33 | -26 | ||
| - | Proleter Zrenjanin | 33 | 10 | 2 | 21 | 40 | 64 | 32 | -24 | ||
| - | FK Zeleznik Beograd | 33 | 9 | 5 | 19 | 43 | 62 | 32 | -19 | ||
| * | Cukaricki Stankom Beograd | 33 | 9 | 4 | 20 | 32 | 45 | 31 | -13 | Relegated | |
| * | FK Mladost Lucani | 33 | 9 | 3 | 21 | 25 | 54 | 30 | -29 | Relegated |