Speed skating at the 1994 Winter Olympics – Women's 500 metres
The women's 500 metres in speed skating at the 1994 Winter Olympics took place on 19 February, at the Hamar Olympic Hall.Records
Prior to this competition, the existing world and Olympic records were as follows:Results
| Rank | Pair | Athlete | Country | Time | Difference |
| 3 | Bonnie Blair | | 39.25 | - |
| 6 | Susan Auch | | 39.61 | +0.36 |
| 2 | Franziska Schenk | | 39.70 | +0.45 |
| 4 | 1 | Xue Ruihong | | 39.71 | +0.46 |
| 5 | 5 | Yoo Seon-Hee | | 39.92 | +0.67 |
| 6 | 3 | Monique Garbrecht | | 39.95 | +0.70 |
| 7 | 8 | Svetlana Zhurova | | 40.17 | +0.92 |
| 8 | 10 | Edel Therese Høiseth | | 40.20 | +0.95 |
| 9 | 14 | Jin Hua | | 40.23 | +0.98 |
| 10 | 5 | Kyoko Shimazaki | | 40.26 | +1.01 |
| 11 | 7 | Yang Chunyuan | | 40.37 | +1.12 |
| 12 | 1 | Angela Stahnke | | 40.38 | +1.13 |
| 13 | 6 | Ye Qiaobo | | 40.42 | +1.17 |
| 14 | 11 | Tomomi Okazaki | | 40.55 | +1.31 |
| 15 | 4 | Anke Baier | | 40.59 | +1.34 |
| 16 | 14 | Michelle Morton | | 40.71 | +1.46 |
| 17 | 9 | Oksana Ravilova | | 40.72 | +1.47 |
| 18 | 4 | Shiho Kusunose | | 40.94 | +1.69 |
| 19 | 12 | Christine Aaftink | | 41.01 | +1.76 |
| 20 | 15 | Kristen Talbot | | 41.05 | +1.80 |
| 20 | 16 | Svetlana Fedotkina | | 41.05 | +1.80 |
| 22 | 17 | Nataliya Polozkova | | 41.06 | +1.81 |
| 23 | 9 | Mihaela Dascălu | | 41.13 | +1.88 |
| 23 | 11 | Peggy Clasen | | 41.13 | +1.88 |
| 25 | 8 | Mayumi Yamamoto | | 41.20 | +1.95 |
| 26 | 17 | Linda Johnson-Blair | | 41.42 | +2.17 |
| 27 | 7 | Emese Dörfler-Antal | | 41.59 | +2.34 |
| 28 | 16 | Gang Mi-yeong | | 41.96 | +2.71 |
| 29 | 10 | Cerasela Hordobețiu | | 42.15 | +2.90 |
| 30 | 15 | Krisztina Egyed | | 42.29 | +3.04 |
| 31 | 13 | Jeong Bae-yeong | | 42.63 | +3.38 |
| 32 | 12 | Cheon Hui-ju | | 43.05 | +3.80 |
| 33 | 2 | Catriona Le May Doan | | 59.75 | +20.50 |
| - | 13 | Michelle Kline | | DQ | - |
