Sweden's second appearance on the continental level came at EuroBasket 1955 in Budapest. The team got off to an demoralizing start by losing to Switzerland in their first match. Although Sweden would achieve their first ever win at the EuroBasket against Luxembourg in their second match of the preliminary phase. However, they followed it by losing their next two matches in the round as well to Romania, and the Soviet Union. They finished 4th out of the 5 teams in the group with an (1-3) record, and found themselves in the classification rounds. There, the team once again finished with an (1-3) record in their pool, with their only victory coming against Denmark. Two losses in the classification 13th–16th place semifinals and the 15th/16th place final (a rematch against Luxembourg) put Sweden at 16th place of the 18 teams.