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The women's K-2 500 metres event was a pairs kayaking event conducted as part of the Canoeing at the 1992 Summer Olympics program.

Medalists

Gold	Silver	Bronze
Ramona Portwich and Anke von Seck (GER)	Agneta Andersson and Susanne Gunnarsson (SWE)	Rita Kőbán and Éva Dónusz (HUN)

18 crews entered in three heats. These rounds were used for seeding in the semifinals.

Heat 1
1.	Ramona Portwich and Anke von Seck (GER)	1:41.82
2.	Rita Kőbán and Éva Dónusz (HUN)	1:42.54
3.	Sanda Toma and Carmen Simion (ROU)	1:44.26
4.	Anna Wood and Kerri Randle (AUS)	1:44.76
5.	Jeanette Knudsen and Yvonne Knudsen (DEN)	1:45.82
6.	Belén Sánchez and Joaquina Costa (ESP)	1:46.64
7.	Hege Brannsten and Ingeborg Rasmussen (NOR)	1:49.58
Heat 2
1.	Agneta Andersson and Susanne Gunnarsson (SWE)	1:42.23
2.	Zhao Xiaoli and Ning Menghua (CHN)	1:43.07
3.	Pavlína Jobánková and Jitka Janáčková (TCH)	1:47.66
4.	Miyuki Kobayashi and Keiko Muto (JPN)	1:48.40
5.	Bonka Pindzheva and Mariya Kichukova (BUL)	1:50.04
Heat 3
1.	Alison Herst and Klara MacAskill (CAN)	1:43.73
2.	Izabela Dylewska and Elżbieta Urbańczyk (POL)	1:45.19
3.	Sabine Goetschy and Bernadette Brégeon (FRA)	1:47.66
4.	Irina Samoylova and Galina Savenko (EUN)	1:46.06
5.	Lesley Carstens and Dene Simpson (RSA)	1:52.02
6.	Cathy Marino-Geers and Traci Phillips (USA)	1:53.52

The top four finishers in each semifinal and the fastest fifth-place finisher advanced to the final.

Semifinal 1
1.	Ramona Portwich and Anke von Seck (GER)	1:40.50	QF
2.	Alison Herst and Klara MacAskill (CAN)	1:42.30	QF
3.	Sanda Toma and Carmen Simion (ROU)	1:42.35	QF
4.	Zhao Xiaoli and Ning Menghua (CHN)	1:42.86	QF
5.	Jeanette Knudsen and Yvonne Knudsen (DEN)	1:43.58	QF
6.	Sabine Goetschy and Bernadette Brégeon (FRA)	1:43.61
7.	Anna Wood and Kerri Randle (AUS)	1:44.05
8.	Irina Samoylova and Galina Savenko (EUN)	1:45.20
9.	Miyuki Kobayashi and Keiko Muto (JPN)	1:46.38
Semifinal 2
1.	Rita Kőbán and Éva Dónusz (HUN)	1:40.63	QF
2.	Agneta Andersson and Susanne Gunnarsson (SWE)	1:41.08	QF
3.	Izabela Dylewska and Elżbieta Urbańczyk (POL)	1:43.50	QF
4.	Belén Sánchez and Joaquina Costa (ESP)	1:53.37	QF
5.	Cathy Marino-Geers and Traci Phillips (USA)	1:45.50
6.	Pavlína Jobánková and Jitka Janáčková (TCH)	1:45.95
7.	Hege Brannsten and Ingeborg Rasmussen (NOR)	1:47.48
8.	Bonka Pindzheva and Mariya Kichukova (BUL)	1:50.28
9.	Lesley Carstens and Dene Simpson (RSA)	1:54.80

The final was held on August 7.

	Ramona Portwich and Anke von Seck (GER)	1:40.29
	Agneta Andersson and Susanne Gunnarsson (SWE)	1:40.41
	Rita Kőbán and Éva Dónusz (HUN)	1:40.81
4.	Sanda Toma and Carmen Simion (ROU)	1:42.12
5.	Alison Herst and Klara MacAskill (CAN)	1:42.14
6.	Izabela Dylewska and Elżbieta Urbańczyk (POL)	1:42.44
7.	Zhao Xiaoli and Ning Menghua (CHN)	1:42.46
8.	Jeanette Knudsen and Yvonne Knudsen (DEN)	1:43.98
9.	Belén Sánchez and Joaquina Costa (ESP)	1:44.96

1992 Summer Olympics official report Volume 5. pp. 147–8. (in Catalan, English, French, and Spanish)
Sports-reference.com 1992 women's K-2 500 m results.
Wallechinsky, David and Jaime Loucky (2008). "Canoeing: Women's Kayak Pairs 500 Meters". In The Complete Book of the Olympics: 2008 Edition. London: Aurum Press Limited. p. 493.