The 1987-88 Segunda División season saw 20 teams participate in the second flight Spanish league. CD Málaga, Elche CF and Real Oviedo were promoted to Primera División. Bilbao Athletic, Hércules CF, Granada CF and Cartagena FC were relegated to Segunda División B.
This season, the league was expanded to 20 teams and the promotion playoff (promoción) returned.
| 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 | CD Málaga | 38 | 54+16 | 22 | 10 | 6 | 74 | 39 | +35 |
| 2 | Elche CF | 38 | 50+12 | 21 | 8 | 9 | 62 | 34 | +28 |
| 3 | Castilla CF 1 | 38 | 48+10 | 18 | 12 | 8 | 58 | 42 | +16 |
| 4 | Real Oviedo | 38 | 45+7 | 19 | 7 | 12 | 58 | 37 | +21 |
| 5 | Rayo Vallecano | 38 | 45+7 | 18 | 9 | 11 | 58 | 47 | +11 |
| 6 | UE Lleida | 38 | 42+4 | 15 | 12 | 11 | 53 | 37 | +16 |
| 7 | UE Figueres | 38 | 42+4 | 14 | 14 | 10 | 44 | 36 | +8 |
| 8 | Barcelona Atlètic | 38 | 41+3 | 14 | 13 | 11 | 52 | 47 | +5 |
| 9 | Xerez CD | 38 | 41+3 | 17 | 7 | 14 | 49 | 37 | +12 |
| 10 | Sestao | 38 | 37-1 | 15 | 7 | 16 | 42 | 45 | -3 |
| 11 | CD Castellón | 38 | 37-1 | 12 | 13 | 13 | 34 | 45 | -11 |
| 12 | CD Tenerife | 38 | 36-2 | 13 | 10 | 15 | 48 | 57 | -9 |
| 13 | Real Burgos | 38 | 34-4 | 11 | 12 | 15 | 34 | 50 | -16 |
| 14 | Racing de Santander | 38 | 33-5 | 11 | 11 | 16 | 35 | 47 | -12 |
| 15 | Recreativo de Huelva | 38 | 33-5 | 12 | 9 | 17 | 55 | 71 | -16 |
| 16 | Deportivo de La Coruña | 38 | 31-7 | 8 | 15 | 15 | 35 | 47 | -12 |
| 17 | Bilbao Athletic | 38 | 31-7 | 11 | 9 | 18 | 44 | 53 | -9 |
| 18 | Hércules CF | 38 | 29-9 | 10 | 9 | 19 | 46 | 56 | -10 |
| 19 | Granada CF | 38 | 27-11 | 8 | 11 | 19 | 36 | 46 | -10 |
| 20 | Cartagena FC | 38 | 24-14 | 8 | 8 | 22 | 35 | 79 | -44 |
1 Castilla CF was ineligible for promotion for being reserve team of Real Madrid.
| Home Matches: | |||
| Real Murcia | 3-0 | Rayo Vallecano | |
| Real Oviedo | 2-1 | RCD Mallorca |
| Away Matches: | |||
| Rayo Vallecano | 1-1 | Real Murcia | Agg:1-4 |
| RCD Mallorca | 0-0 | Real Oviedo | Agg:1-2 |
Last updated June 21, 2009
| Goalscorers | Goals | Team |
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Real Oviedo | |
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CD Málaga | |
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Elche CF |
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