The 2002 Fed Cup was the 40th edition of the most important competition between national teams in women's tennis. The final took place at the Palacio de Congresos de Maspalomas in Gran Canaria, Spain on 2–3 November. Slovakia defeated Spain, giving Slovakia their first title.

World Group

Draw

World Group play-offs

The eight losing teams in the World Group first round ties and eight winners of the Zonal Group I sections competed in the World Group play-offs for spots in the 2003 World Group. Date: 20–21 July

Americas Zone

Group I

Venue: San Luis Potosí, Mexico (outdoor hard) Dates: 23–27 April

Group II

Venue: Havana, Cuba (outdoor hard) Dates: 14–18 May

Asia/Oceania Zone

Group I

Venue: Guangzhou, China (outdoor hard) Dates: 4–9 March

Group II

Venue: Guangzhou, China (outdoor hard) Dates: 4–8 March

Europe/Africa Zone

Group I

Venue: Antalya, Turkey (outdoor clay) Dates: 24–28 April

Group II

Venue: Pretoria, South Africa (outdoor hard) Dates: 9–13 April

Year-End Rankings

The Fed Cup rankings were first instated on 4 November 2002, and were measured by combining points earned from the previous four years. The first No. 1 ranked nation, and the year-end No. 1 for 2002, was Slovakia.