Parliamentary elections were held in Serbia on 23 May 1898 to elect members of the National Assembly. The result was a victory for the Liberal Party, which won 112 of the 194 seats.

The parliamentary elections of June 1897 had been boycotted by the Liberal Party, while the Serbian Progressive Party had been dissolved prior to the elections. As a result, the People's Radical Party won all seats in the National Assembly.^[1]

The Radical Party's Đorđe Simić remained Prime Minister, but was dismissed by King Alexander I in October 1897 and replaced by Vladan Đorđević.

On 14 March 1898 the Assembly was dissolved, with the intention of holding new elections.^[1] A decree was issued on 18 April setting the election date as 23 May.^[1] 194 members were elected, up to 65 additional members appointed.^[1]

The Liberal Party contested the elections in an alliance with the Serbian Progressive Party, while the People's Radical Party ran alone after failing to agree any alliances.^[1]

Amidst manipulation by the police,^[2] the Liberal Party won a majority of the seats. The Progressives finished second, while the People's Radical Party won only one seat.^[1] The appointed members were largely supporters of the Liberal Party.^[1]

Sima Nestorović  [sr] was appointed president of the National Assembly and Dragomir Rajović as vice president.^[1] Vladan Đorđević remained Prime Minister.