The three teams in this group played against each other on a home-and-away basis. The group winner Yugoslavia qualified for the 1954 FIFA World Cup held in Switzerland.
| Pos | Team | Pld | HW | HD | HL | HGF | HGA | AW | AD | AL | AGF | AGA | GD | Pts | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 4 | 2 | 0 | 0 | 2 | 0 | 2 | 0 | 0 | 2 | 0 | +4 | 8 | — | 1–0 | 1–0 | ||
| 2 | 4 | 1 | 0 | 1 | 1 | 1 | 1 | 0 | 1 | 2 | 1 | +1 | 4 | 0–1 | — | 1–0 | ||
| 3 | 4 | 0 | 0 | 2 | 0 | 3 | 0 | 0 | 2 | 0 | 2 | −5 | 0 | 0–1 | 0–2 | — |
| 9 May 1953 | Yugoslavia | 1 – 0 | Belgrade, Yugoslavia | |
| Matošić | Report | Referee: Steiner (Austria) |
| 8 November 1953 | Yugoslavia | 1 – 0 | Skopje, Yugoslavia | |
| Milutinović | Report | Referee: Alsteen (Belgium) |
| 8 March 1954 | Israel | 0 – 2 | Tel Aviv, Israel | |
| Report | Kokkinakis Kamaras | Referee: Buchmüller (Switzerland) |
| 28 March 1954 | Greece | 0 – 1 | Athens, Greece | |
| Report | Veselinović | Referee: Rufli (Switzerland) |
Head coach:
Milorad Arsenijević,
Aleksandar Tirnanić,
Leo Lemešić (together)
| Pos. | Player | DoB | Games played | Goals | Minutes played | Sub off | Sub on | | | | | Club |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GK | Vladimir Beara | November 2, 1928 | 2 | 0 | 180 | 0 | 0 | 90 | 90 | - | - | |
| DF | Bruno Belin | January 16, 1929 | 1 | 0 | 90 | 0 | 0 | - | 90 | - | - | |
| FW | Stjepan Bobek | December 3, 1923 | 2 | 0 | 180 | 0 | 0 | - | 90 | 90 | - | |
| MF | Vujadin Boškov | May 16, 1931 | 4 | 0 | 360 | 0 | 0 | 90 | 90 | 90 | 90 | |
| MF | Zlatko Čajkovski | November 24, 1923 | 4 | 0 | 360 | 0 | 0 | 90 | 90 | 90 | 90 | |
| DF | Tomislav Crnković | June 17, 1929 | 2 | 0 | 180 | 0 | 0 | 90 | - | 90 | - | |
| DF | Ivan Horvat | July 16, 1926 | 3 | 0 | 270 | 0 | 0 | 90 | - | 90 | 90 | |
| FW | Frane Matošić | November 25, 1918 | 1 | 1 | 90 | 0 | 0 | 90 | - | - | - | |
| MF | Sima Milovanov | April 10, 1923 | 1 | 0 | 90 | 0 | 0 | - | 90 | - | - | |
| FW | Miloš Milutinović | February 5, 1933 | 3 | 1 | 218 | 1 | 0 | - | 90 | 38 | 90 | |
| MF | Rajko Mitić | November 6, 1922 | 3 | 0 | 270 | 0 | 0 | 90 | - | 90 | 90 | |
| DF | Tihomir Ognjanov | March 2, 1927 | 1 | 0 | 52 | 0 | 1 | - | - | 52 | - | |
| MF | Zdravko Rajkov | December 5, 1927 | 4 | 0 | 360 | 0 | 0 | 90 | 90 | 90 | 90 | |
| DF | Branko Stanković | October 31, 1921 | 3 | 0 | 270 | 0 | 0 | 90 | - | 90 | 90 | |
| GK | Slavko Stojanović | June 1, 1930 | 2 | 0 | 180 | 0 | 0 | - | - | 90 | 90 | |
| FW | Todor Veselinović | October 22, 1930 | 1 | 1 | 90 | 0 | 0 | - | - | - | 90 | |
| FW | Bernard Vukas | May 1, 1927 | 2 | 0 | 180 | 0 | 0 | 90 | 90 | - | - | |
| MF | Branko Zebec | May 17, 1929 | 4 | 1 | 360 | 0 | 0 | 90 | 90 | 90 | 90 | |
| DF | Milan Zeković | November 15, 1925 | 2 | 0 | 180 | 0 | 0 | - | 90 | - | 90 | |
Head coach:
Kostas Negrepontis (first and second match),
Ioannis Chelmis (third and fourth match)