The 1992 Italian Open was a tennis tournament played on outdoor clay courts. It was the 49th edition of the Italian Open, and was part of the ATP Super 9 of the 1992 ATP Tour, and of the Tier I Series of the 1992 WTA Tour. Both the men's and the women's events took place at the Foro Italico in Rome, Italy. The women's tournament was played from 4 May until 10 May 1992, and the men's tournament was played from 11 May until 18 May 1992. First-seeded Jim Courier and second-seeded Gabriela Sabatini won the singles titles. It was Sabatini's second consecutive singles title at the event and third in total, also winning in 1991 and 1988.

Finals

Men's singles

🇺🇸 Jim Courier defeated 🇪🇸 Carlos Costa, 7–6(7–3) 6–0, 6–4

Women's singles

🇦🇷 Gabriela Sabatini defeated Monica Seles 7–5, 6–4

Men's doubles

Jakob Hlasek / Marc Rosset defeated Wayne Ferreira / 🇦🇺 Mark Kratzmann 6–4, 3–6, 6–1

Women's doubles

Monica Seles / Helena Suková defeated 🇧🇬 Katerina Maleeva / 🇩🇪 Barbara Rittner 6–1, 6–2