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Technically, Serbia. However WWI is widely referred to by Historians as 'The War Nobody Won'. Austria declaring war on Serbia, the Serbs’ allies Russia declaring war on Austria, the Austrians’ allies Germany declaring war on Russia and the Russian’s allies France and Britain declaring war on Germany. America eventually entered on the side of Serbia et al due to a few incidents with German U-boats and Germany surrendered. If you work backwards operating under the system of official declarations via the various alliances the winner is Serbia (whose country was mostly pounded into gravel in the process) and their allies: Russia, France, and Great Britain.

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14y ago
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Q: Is it possible to say who won World War 1?
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