1994–95 Segunda División

The 1994–95 Segunda División season saw 20 teams participate in the second flight Spanish league. CP Mérida, Rayo Vallecano and UD Salamanca were promoted to Primera División. Palamós CF and CD Orense were relegated to Segunda División B.

Final table

Key to colors in league table:
Promoted to Primera División
Promotion playoff
Relegated to Segunda División B

Position	Club	Played	Points	Wins	Draws	Losses	Goals for	Goals against	Goal Difference
1	CP Mérida	38	56+18	23	10	5	55	19	+36
2	Rayo Vallecano	38	53+15	20	13	5	61	31	+30
3	UE Lleida	38	46+8	19	8	11	54	34	+20
4	UD Salamanca	38	45+7	15	15	8	48	37	+11
5	SD Eibar	38	43+5	12	19	7	32	27	+5
6	Barcelona B	38	42+4	11	20	7	64	48	+16
7	CA Osasuna	38	41+3	14	13	11	39	35	+4
8	Real Madrid B	38	39+1	13	13	12	42	40	+2
9	Hércules CF	38	39+1	13	13	12	43	44	-1
10	Villarreal CF	38	38	11	16	11	41	36	+5
11	CD Toledo	38	38	13	12	13	49	54	-5
12	RCD Mallorca	38	38	13	12	13	53	40	+13
13	Atlético Marbella	38	34-4	13	8	17	42	54	-12
14	CD Badajoz	38	34-4	9	16	13	32	40	-8
15	CF Extremadura	38	34-4	8	18	12	35	48	-13
16	Athletic de Bilbao B	38	32-6	10	12	16	42	52	-10
17	Palamós CF ¹	38	30-8	8	14	16	52	57	-5
18	Getafe CF ²	38	30-8	5	20	13	26	42	-16
19	CD Leganés ²	38	28-10	10	8	20	39	66	-27
20	CD Orense	38	20-18	4	12	22	26	71	-45

¹ Palamós CF was relegated to Tercera División for not paying its players.
² On July 31, 1995, Sevilla FC and Celta de Vigo were relegated to Segunda División B for not making their payments to the Royal Spanish Football Federation. Then, Albacete Bp. and Real Valladolid were readmitted to Primera División and Getafe CF and CD Leganés were readmitted to Segunda División. Later, Sevilla FC and Celta de Vigo were also readmitted to Primera División, expanding the league to 22 teams.