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Date: 17 February 1988
| Rank | Name | Nation | Time |
| 1 | Marjo Matikainen | FIN | 15:04.0 |
| 2 | Tamara Tikhonova | URS | 15:05.3 |
| 3 | Vida Vencienė | URS | 15:11.1 |
| 4 | Anne Jahren | NOR | 15:12.6 |
| 5 | Marja-Liisa Kirvesniemi | FIN | 15:16.7 |
| 6 | Inger Helene Nybråten | NOR | 15:17.7 |
| 7 | Marie-Helene Westin | SWE | 15:28.9 |
| 8 | Svetlana Nageykina | URS | 15:29.9 |
| 9 | Marianne Dahlmo | NOR | 15:30.4 |
| 10 | Raisa Smetanina | URS | 15:35.9 |
| 11 | Brit Pettersen | NOR | 15:36.7 |
| 12 | Tuulikki Pyykkönen | FIN | 15:38.1 |
| 13 | Simone Opitz | GDR | 15:41.1 |
| 14 | Evi Kratzer | SUI | 15:42.8 |
| 15 | Christina Gilli-Brügger | SUI | 15:44.5 |
| 16 | Pirkko Määttä | FIN | 15:51.8 |
| 17 | Anna-Lena Fritzon | SWE | 15:55.6 |
| 18 | Manuela Di Centa | ITA | 15:57.2 |
| 19 | Kerstin Moring | GDR | 16:01.6 |
| 20 | Cornelia Sulzer | AUT | 16:09.7 |
| 21 | Marie Johansson | SWE | 16:12.1 |
| 22 | Viera Klimková | TCH | 16:14.1 |
| 23 | Karin Svingstedt | SWE | 16:15.0 |
| 24 | Clara Angerer | ITA | 16:20.4 |
| 25 | Silke Braun | GDR | 16:22.5 |
| 26 | Lorna Sasseville | CAN | 16:23.3 |
| 27 | Guidina Dal Sasso | ITA | 16:26.4 |
| 28 | Karin Jäger | FRG | 16:28.0 |
| 29 | Alžbeta Havrančíková | TCH | 16:28.3 |
| 30 | Lubomíra Balážová | TCH | 16:30.9 |
| 31 | Leslie Krichko | USA | 16:31.1 |
| 32 | Angela Schmidt-Foster | CAN | 16:32.5 |
| 33 | Carol Gibson | CAN | 16:35.2 |
| 34 | Maria Theurl | AUT | 16:36.7 |
| 35 | Marianne Irniger | SUI | 16:37.5 |
| 36 | Margot Kober | AUT | 16:39.2 |
| 37 | Susann Kuhfittig | GDR | 16:41.9 |
| 38 | Ivana Rádlová | TCH | 16:43.6 |
| 39 | Leslie Thompson | USA | 16:58.5 |
| 40 | Karin Thomas | SUI | 17:04.1 |
| 41 | Nancy Fiddler | USA | 17:05.4 |
| 42 | Gabriella Carrel | ITA | 17:08.8 |
| 43 | Stefanie Birkelbach | FRG | 17:09.1 |
| 44 | Birgit Kohlrusch | FRG | 17:10.3 |
| 45 | Hildegard Embacher | AUT | 17:18.6 |
| 46 | Jean McAllister | CAN | 17:32.4 |
| 47 | Elizabeth Youngman | USA | 17:32.6 |
| 48 | Sonja Bilgeri | FRG | 17:33.2 |
| 49 | Piroska Abos | ESP | 17:41.6 |
| 50 | Enkhee Davaagiin | MGL | 18:02.2 |
| 51 | Mihaela Cârstoi | ROU | 18:21.6 |
| 52 | Louise McKenzie | GBR | 18:41.8 |
| 53 | Jean Watson | GBR | 18:54.1 |
| Did not finish | |||
| Ileana Hangan | ROU | ||
| Wang Jinfen | CHN | ||
| Did not start | |||
| Yvonne Marrero | PUR | ||