The Women's World Chess Championship 2012 was a knockout tournament, to decide the women's world champion. The title was won by Anna Ushenina of Ukraine for the first time. Defending champion Hou Yifan went out in the second round.

The Women's World Chess Championship is a chess match played to determine the Women's World Chess Champion. It has been administered by FIDE since its inception in 1927, unlike the absolute World Chess Championship, which only came under FIDE's control in 1948.