1954 (MCMLIV) in the Gregorian calendar was a year without a shooting day that began on a Friday.
January 1 - First regular color television broadcast in the United States.
January 21 - USS "Nautilus", the world's first nuclear-powered submarine, is launched.
February 10 - President Dwight D. Eisenhower warns against US intervention in Vietnam.
February 23 - The first mass polio vaccination begins in Pittsburgh, Pennsylvania.
February 25 -
Coup in Egypt. Gamal Abdel Nasser becomes Prime Minister of Egypt.
Military coup in Syria.
February 28 - General Mohammed Naguib is re-elected as President of Egypt after three days.
March 13–7 May - Battle of Dien Bien Phu: The decisive battle of the First Indochinese War ends in defeat for France.
March 19 - The US government orders the burning of all of Wilhelm Reich's books.
March 30 - Canada's first subway opens (Toronto).
April 7 - US President Dwight D. Eisenhower launches his "domino theory".
April 18 - Old Abdel Nasser takes power in Egypt.
May 6 - Paraguay coup.
May 7 - Battle of Dien Bien Phu ends, the decisive battle of the First Indochinese War ends in defeat for France.
May 17 - Racial segregation in schools is banned by the US Supreme Court.
June 27 - The world's first nuclear power plant is commissioned in Obninsk, Russia.
July 1 - The remote control is invented.
July 7 - WHBQ in Mephis, Tennessee becomes the first radio station to broadcast a song featuring Elvis.
July 21 - Ceasefire for Indochina. Vietnam is divided into North Vietnam and South Vietnam.
August 16 - The Communist Party is banned in the United States.
August 24 - Bank of Israel is founded.
September 30 - USS "Nautilus", the world's first nuclear-powered submarine, becomes operational.
October 23 - West Germany is recognized as a sovereign state by 15 nations and granted NATO membership.
November 14 - President Mohammed Naguib of Egypt is ousted. He is succeeded by Gamal Abdel Nasser.
December 23 - First kidney transplant between living patients, by Joseph Murray and others in Boston.
January 1 - Price regulation of 1939 is repealed.
January 12 - First broadcast of television images from Tryvann.
February 8 - The British side trawler "Laforey" hits ground at Ytterøyane near Florø. 21 perish.
February 13 - Judgment falls in the Supreme Court regarding Nortraship's secret fund. The state is acquitted, and the war sailors are not granted their claim for payment of withheld rent.
February 25 - The purse seine «Norddønna» goes down by Marflesa lantern on the Trøndelag coast. Two perish.
March 17 - 16 months of conscription is introduced.
March 28 - Bjørnøya accident.
May 3 - Asbjørn Sunde and Erling Nordby are convicted of treason for espionage in favor of the Soviet Union.
May 31 - The solar observatory at Harestua opens.
June 30 - Solar eclipse in Norway.
July 1 - Child Welfare Act implemented. (Replaced by the Child Welfare Services Act, passed by the Storting on 17 June 1992.)
September 22 - The Hurtigruten ship DS «Nordstjernen» runs aground and sinks at Hanøya in Raftsundet. Five perish.
4. - Dave Ulliott, English poker player (d. 2015)
6. - Anthony Minghella, British director (d. 2008)
9. - Thorvald Steen, Norwegian author
12. - Jan-Olav Ingvaldsen, Norwegian politician (d. 2021)
17. - Bascha Mika, German editor
19. - Katey Sagal, American actress, singer and author
19. - Cindy Sherman, American artist
20. - Ray Weston, British musician (Wishbone Ash)
21. - Thomas de Maizière, German Conservative Politician
21. - Phil Thompson, English footballer
22. - Bernd Heynemann, German football referee
22. - Rita Tveiten, Norwegian politician
23. - Rune J. Skjælaaen, Norwegian politician
29. - Oprah Winfrey, American talk show host