[[File:1948 Summer Olympics medal map.svg|thumb|right|450px|World map showing the medal achievements of each country during the 1948 Summer Olympics<br /> Legend:<br />
represents countries that won at least one gold medal.<br />
represents countries that won at least one silver medal but no gold medals.<br />
represents countries that won at least one bronze medal (no gold or silver).<br />
represents participating countries that did not win medals.<br />
represents entities that did not participate at the 1948 Summer Olympics.]]
thumb|right|alt=A black and white photo of a track athlete wearing the number 23 running.|[[Delfo Cabrera of Argentina winning the marathon at the 1948 Olympics It was the first Olympic Games to take place in twelve years, due to the Second World War (and was known informally as "The Austerity Games" – largely due to countries having to bring their own food due to shortages in Britain), with London being chosen as the host city in May 1946.
London had previously hosted the 1908 Summer Olympics, and was due to have hosted the event in 1944. A record 59 nations were represented by 4,104 athletes, 3,714 men and 385 women, in 19 sport disciplines. Following the Second World War, Germany and Japan remained under military occupation and had not yet formed their National Olympic Committee, The only major Axis power to take part in the Games was Italy. The Soviet Union was invited to compete, but chose not to send any athletes, sending observers instead to prepare for the 1952 Summer Olympics. Following the threats of a boycott from Arab countries should an Israeli team fly their flag at the opening ceremony, the International Olympic Committee (IOC) excluded Israel from the Games on a technicality. The Olympic medals themselves were the standard Trionfo design used for the Olympic medals between 1928 and 1968.
It was not until 2010 that Belgian Eugène Van Roosbroeck received his gold medal for his part in the cycling road race as there was no podium for winners following the race and the team returned to Belgium two days after the event having received no medals.
Medal table
thumb|right|alt=A bronze colored medal with a woman wearing a toga on the left side. On the right there is Cyrillic writing.|A bronze medal from the [[1980 Summer Olympics featuring a similar design on the obverse to that of the 1948 medals]]
This is the full table of the medal count of the 1948 Summer Olympics, based on the medal count of the IOC. These rankings sort by the number of gold medals earned by a nation. The number of silver medals is taken into consideration next and then the number of bronze medals. If, after the above, countries are still tied, equal ranking is given and they are listed alphabetically. This information is provided by the IOC. However, the IOC does not recognize or endorse any ranking system.
In the gymnastics events there were three athletes placed first for the men's pommel horse, with Paavo Aaltonen, Veikko Huhtanen and Heikki Savolainen all receiving gold medals for Finland in the same event, while no silver or bronze medals were handed out. Meanwhile, in the men's vault, three athletes finished in joint third place and so were awarded a bronze medal each, resulting in five medals being handed out for that one event. Peru and won their first gold medal, and India won its first medal as an independent nation.
- <small>Medal table does include art competition medals</small>
Changes in medal standings
;Key
Disqualified athlete(s)
{| class="wikitable plainrowheaders"
|+ List of official changes in medal standings
|-
! scope="col" align="center" style="width:10%" | Ruling date
! scope="col" align="center" style="width:13%"| Sport/Event
! scope="col" align="center" style="width:20%"| Athlete ()
! scope="col" align="center" style="width:2%" |
! scope="col" align="center" style="width:2%" |
! scope="col" align="center" style="width:2%" |
! scope="col" align="center" style="width:4%" |Total
! scope="col" align="center" class="unsortable" style="width:50%" |Notes
|-
!scope="row" rowspan=4 | 27 April 1949
| rowspan=4 | Equestrian<br />Equestrian at the 1948 Summer Olympics – Team dressage|
| style="width:10px; text-align:left;" style="background-color: #F7D9D3;" | <dl style="margin-bottom:0;"><dd><span style="font-size:smaller;line-height:1em"><br>Henri Saint Cyr<br>Gehnäll Persson ※</span></dd></dl>|| −1 || || || –1
| rowspan=4 style="text-align:left;"| The Swedish dressage team, which had originally won gold at the 1948 Games, was subsequently disqualified on April 27, 1949, by the Fédération Équestre Internationale (FEI) and with the approval of the IOC. Gehnäll Persson had been promoted to lieutenant three weeks before the competition. Just two and a half weeks after the competition, the Swedish army demoted him back to sergeant. According to the regulations at the time, only officers and “gentlemen riders” were eligible to take part, but not non-commissioned officers. Since Persson had only been promoted for the period surrounding the games, this was considered a violation of the rules. The incident led to the FEI modernizing its entry conditions, which were perceived as outdated.
|-
| align=left | <dl style="margin-bottom:0;"><dd><span style="font-size:smaller;line-height:1em"> André Jousseaume<br />Jean Saint-Fort Paillard<br />Maurice Buret</span></dd></dl>|| +1 || −1 || || 0
|-
| align=left | <dl style="margin-bottom:0;"><dd><span style="font-size:smaller;line-height:1em">Robert Borg<br />Earl Foster Thomson<br />Frank Henry</span></dd></dl>|| || +1 || −1 || 0
|-
| align=left | <dl style="margin-bottom:0;"><dd><span style="font-size:smaller;line-height:1em">Fernando Paes<br />Francisco Valadas<br />Luís Mena e Silva</span></dd></dl> || || || +1 || +1
|}
{| class="wikitable plainrowheaders sortable" style="text-align:center"
|+ List of official changes by country
|-
!
! style="background-color:gold" | Gold
! style="background-color:silver" | Silver
! style="background-color:#c96" | Bronze
! Net Change
|-
! scope="row" style="text-align:left" |
|| −1 || 0 || 0 || −1
|-
! scope="row" style="text-align:left" |
|| +1 || −1 || 0 || 0
|-
! scope="row" style="text-align:left" |
|| 0 || +1 || −1 || 0
|-
! scope="row" style="text-align:left" |
|| 0 || 0 || +1 || +1
|}
