| Season | 1992 |
|---|---|
| Dates | 6 March – 21 June |
| Champions | SC Tavriya Simferopol 1st title |
| Relegated | Nyva Vinnytsia Naftovyk Okhtyrka Prykarpattia Ivano-Frankivsk Evis Mykolaiv Temp Shepetivka SC Odesa |
| Champions League | Tavriya Simferopol |
| Cup Winners' Cup | Chornomorets Odesa |
| UEFA Cup | Dynamo Kyiv |
| Matches played | 182 |
| Goals scored | 403 (2.21 per match) |
| Top goalscorer | (12) Yuriy Hudymenko (Tavriya) |
| Biggest home win | Tavriya 6–0 Temp Chornomorets 6–0 Nyva V. |
| Biggest away win | Evis 1–6 Shakhtar |
| Highest scoring | Dnipro 4–3 SC Odesa Evis 1–6 Shakhtar |
| Highest attendance | 36,000 – Tavriya–Dynamo (final) |
| Lowest attendance | 280 – Dynamo–Nyva T. |
← 1991 1992–93 → | |
1992 Vyshcha Liha (Ukrainian: Чемпіонат серед команд вищої ліги) was the first football championship organized in Ukraine after the dissolution of the Soviet Union and officially recognized by the UEFA. The last Soviet season finished in fall of 1991.
The Football Federation of Ukraine when organizing the competition decided to shift its calendar to synchronize it with one common in Europe "fall-spring" and organized a short championship.
The first two games of the Round 1 took place on 6 March 1992 in Odesa where local Chornomorets was hosting Karpaty, and Mykolaiv where local Evis was playing against the visiting Temp.