1967–68 Segunda División
 |
 | This article provides insufficient context for those unfamiliar with the subject. |
The 1967-68 Segunda División season saw 32 teams participate in the second flight Spanish league. Deportivo and Granada were promoted to Primera División. Badalona, Langreo, Racing, Lleida, Badajoz, Europa, Osasuna, Gimnástica Torrelavega, Tenerife, Castellón, Real Jaén, Xerez, Recreativo, Levante, Hércules, Constancia and Ceuta were relegated to Tercera División.
Group I
| Key to colors in league table: |
| Promoted to Primera División |
| Promotion playoff |
| Relegation playoff |
| Relegated to Tercera División |
| Position | Club | Played | Points | Wins | Draws | Losses | Goals for | Goals against | Goal Difference |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Deportivo | 30 | 43 | 18 | 7 | 5 | 53 | 29 | +24 |
| 2 | Valladolid | 30 | 41 | 17 | 7 | 6 | 48 | 27 | +21 |
| 3 | Celta | 30 | 36 | 15 | 6 | 9 | 57 | 33 | +24 |
| 4 | Rayo Vallecano | 30 | 36 | 15 | 6 | 9 | 44 | 39 | +5 |
| 5 | Sporting | 30 | 34 | 13 | 8 | 9 | 47 | 38 | +9 |
| 6 | Real Oviedo | 30 | 32 | 12 | 8 | 10 | 43 | 29 | +14 |
| 7 | Racing Ferrol | 30 | 32 | 13 | 6 | 11 | 42 | 37 | +5 |
| 8 | Burgos | 30 | 32 | 11 | 10 | 9 | 34 | 35 | -1 |
| 9 | Badalona | 30 | 30 | 12 | 6 | 12 | 44 | 30 | +14 |
| 10 | Langreo | 30 | 28 | 12 | 4 | 14 | 32 | 37 | -5 |
| 11 | Racing | 30 | 27 | 11 | 5 | 14 | 39 | 38 | +1 |
| 12 | Lleida | 30 | 24 | 8 | 8 | 14 | 25 | 51 | -26 |
| 13 | Badajoz | 30 | 22 | 10 | 2 | 18 | 31 | 52 | -21 |
| 14 | Europa | 30 | 21 | 8 | 5 | 17 | 32 | 56 | -24 |
| 15 | Osasuna | 30 | 21 | 7 | 7 | 16 | 31 | 48 | -17 |
| 16 | Gimnástica Torrelavega | 30 | 21 | 7 | 7 | 16 | 25 | 48 | -23 |
Group II
| Key to colors in league table: |
| Promoted to Primera División |
| Promotion playoff |
| Relegation playoff |
| Relegated to Tercera División |
| Position | Club | Played | Points | Wins | Draws | Losses | Goals for | Goals against | Goal Difference |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Granada | 30 | 40 | 17 | 6 | 7 | 42 | 20 | +22 |
| 2 | Calvo Sotelo | 30 | 39 | 17 | 5 | 8 | 46 | 24 | +22 |
| 3 | Alcoyano | 30 | 37 | 15 | 7 | 8 | 37 | 33 | +4 |
| 4 | Mallorca | 30 | 35 | 13 | 9 | 8 | 36 | 24 | +12 |
| 5 | Cádiz | 30 | 33 | 13 | 7 | 10 | 37 | 30 | +7 |
| 6 | Murcia | 30 | 32 | 10 | 12 | 8 | 31 | 23 | +8 |
| 7 | Ceuta | 30 | 31 | 12 | 7 | 11 | 34 | 38 | -4 |
| 8 | Mestalla | 30 | 30 | 14 | 2 | 14 | 47 | 31 | +16 |
| 9 | Tenerife | 30 | 30 | 11 | 8 | 11 | 39 | 33 | +6 |
| 10 | Castellón | 30 | 28 | 9 | 10 | 11 | 27 | 30 | -3 |
| 11 | Real Jaén | 30 | 27 | 8 | 11 | 11 | 32 | 41 | -9 |
| 12 | Xerez | 30 | 27 | 9 | 9 | 12 | 28 | 40 | -12 |
| 13 | Recreativo | 30 | 26 | 8 | 10 | 12 | 25 | 26 | -1 |
| 14 | Levante | 30 | 25 | 7 | 11 | 12 | 26 | 37 | -11 |
| 15 | Hércules | 30 | 25 | 11 | 3 | 16 | 40 | 41 | -1 |
| 16 | Constancia | 30 | 15 | 5 | 5 | 20 | 19 | 75 | -56 |
Promotion playoff
| Home Matches: | |||
| Valladolid | 0-1 | Real Sociedad | |
| Córdoba | 3-0 | Calvo Sotelo |
| Away Matches: | |||
| Real Sociedad | 0-0 | Valladolid | Agg:1-0 |
| Calvo Sotelo | 1-3 | Córdoba | Agg:1-6 |
Relegation playoff
| Home Matches: | |||
| Salamanca | 1-2 | Racing Ferrol | |
| Sporting Mahonés | 2-1 | Burgos | |
| Compostela | 0-0 | Mestalla | |
| Jerez Industrial | 0-0 | Ceuta |
| Away Matches: | |||
| Racing Ferrol | 2-1 | Salamanca | Agg:4-2 |
| Burgos | 4-1 | Sporting Mahonés | Agg:5-3 |
| Mestalla | 5-1 | Compostela | Agg:5-1 |
| Ceuta | 1-1 | Jerez Industrial | Agg:1-1 |
| Deciding Match: | |||
| Jerez Industrial | 1-0 | Ceuta |