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Date: 24 September 1988 / 25 September 1988 / 26 September 1988
Heats
Semi-finals
Final
| Rank | Name | Nation | Time |
| 1 | Sigrun Wodars | GDR | 1:56.10 |
| 2 | Christine Wachtel | GDR | 1:56.64 |
| 3 | Kim Gallagher | USA | 1:56.94 |
| 4 | Slobodanka Colovic | YUG | 1:57.50 |
| 5 | Delisa Floyd | USA | 1:57.80 |
| 6 | Inna Evseeva | URS | 1:59.37 |
| 7 | Teresa Zuniga | ESP | 1:59.82 |
| 8 | Diane Edwards | GBR | 2:00.77 |
| Semi-finals | |||
| 9 | Caby Lesch | FRG | 1:59.85 |
| 10 | Shireen Bailey | GBR | 1:59.94 |
| 11 | Dalia Matoussiavitchene | URS | 2:00.15 |
| 12 | Kirsty Wade | GBR | 2:00.86 |
| 13 | Soraya Telles | BRA | 2:01.86 |
| 14 | Letitia Vriesde | SUR | 2:02.34 |
| 15 | Joetta Clark | USA | 2:03.32 |
| 16 | Nadezhda Olizarenko | URS | 2:05.27 |
| Heats | |||
| 17 | Mary Burzminski | CAN | 2:02.85 |
| 18 | Shiny Kurisingal Abraham | IND | 2:03.26 |
| 19 | Hassiba Boulmerka | ALG | 2:03.33 |
| 20 | Sharon Powell | JAM | 2:03.49 |
| 21 | Montserrat Pujol | ESP | 2:03.73 |
| 22 | Maria Mutola | MOZ | 2:04.36 |
| 23 | Renee Belanger | CAN | 2:04.74 |
| 24 | Choi Se-Beom | KOR | 2:06.65 |
| 25 | Assumpta Achuo-Bei | CMR | 2:07.10 |
| 26 | Maureen Stewart | CRC | 2:08.17 |
| 27 | Sheila Seebaluck | MRI | 2:08.93 |
| 28 | Bakombo Kungu | COD | 2:11.00 |
| 29 | Laverne Bryan | ANT | 2:12.18 |
| Did not start | |||
| Sun Sumei | CHN | ||
| Rosa Colorado | ESP | ||