The 2003 Fed Cup was the 41st edition of the most important competition between national teams in women's tennis. The final took place at the Olympic Stadium in Moscow, Russia on 22–23 November. France defeated the United States, giving France their second title.

World Group

Draw

World Group play-offs

Date: 19–20 July 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 2004 World Group.

Americas Zone

Group I

Venue: Campinas, Brazil (outdoor clay) Dates: 23–26 April

Group II

Venue: San Juan, Puerto Rico (outdoor hard) Dates: 23–27 April

Asia/Oceania Zone

Group I

Venue: Tokyo, Japan (outdoor hard) Dates: 21–25 April

Group II

Venue: Tokyo, Japan (outdoor hard) Dates: 21–24 April

Europe/Africa Zone

Group I

Venue: Estoril, Portugal (outdoor clay) Dates: 21–26 April

Group II

Venue: Estoril, Portugal (outdoor clay) Dates: 28 April – 3 May

Rankings

The rankings were measured after the three points during the year that play took place, and were collated by combining points earned from the previous four years.