The women's 5000 metres in speed skating at the 1988 Winter Olympics took place on 28 February, at the Olympic Oval. 25 competitors from 15 nations participated in the event.

Records Prior to this competition, the existing world and Olympic records were as follows:

The following new world and olympic records was set during the competition.

Date Pair Athlete Country Time OR WR 28 February Pair 1 Andrea Ehrig 7:17.12 OR WR 28 February Pair 5 Yvonne van Gennip 7:14.13 OR WR

Results

Rank  Pair Lane Athlete Country Time Behind Notes 5 O Yvonne van Gennip 7:14.13 (WR)    1  O Andrea Ehrig 7:17.12   2  I Gabi Zange 7:21.61 4  6  I Svetlana Boyko 7:28.39 +14.26 5  5  I Yelena Lapuga 7:28.65 +14.52 6  4  O Seiko Hashimoto 7:34.43 +20.30 7  3  I Gunda Kleemann 7:34.59 +20.46 8  1O  I Jasmin Krohn 7:36.56 +22.43 9  12  O Han Chun-ok 7:36.81 +22.68 10  7  O Jane Goldman 7:36.98 +22.85 11  2  O Mary Docter 7:37.00 +22.87 12  9  I Elena Belci 7:37.23 +23.10 13  3  O Marieke Stam 7:38.02 +23.87 14  1  I Ingrid Paul 7:40.67 +26.54 15  7  I Yelena Tumanova 7:40.82 +26.69 16  8  I Wang Xiaoyan 7:46.30 +32.17 17  11  O Kim Young-ok 7:46.51 +32.38 18  9  O Natalie Grenier 7:46.96 +32.84 19  4  I Natsue Seki 7:47.43 +33.30 20  8  O Ariane Loignon 7:49.55 +35.42 21  13  I Erwina Ryś-Ferens 7:50.43 +36.30 22  12  I Nancy Swider-Peltz 7:52.12 +37.99 23  1O  O Kathy Gordon 7:53.30 +39.17 24  11  I Minna Nystedt 7:54.11 +39.98 25  6  O Stéphanie Dumont 8:00.40 +46.27

References