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"Waterloo" is the first single from the Swedish pop group ABBA's second album of the same name, and their first under the Epic and Atlantic labels. This was also the first single to be credited to the group performing under the name ABBA. The title and lyrics reference the 1815 Battle of Waterloo, and use it as a metaphor for a romantic relationship. The Swedish version of the single was backed with the Swedish version of "Honey, Honey", while the English version featured "Watch Out" on the B-side.
"Waterloo" won the Eurovision Song Contest 1974 for Sweden, beginning ABBA's path to worldwide fame. It topped the charts in several countries, and reached the top 10 in the United States.
At the 50th anniversary celebration of the Eurovision Song Contest in 2005, it was chosen as the best song in the competition's history. It received the same honour in a 14-country open vote in the run-up to the Eurovision Song Contest 2021, placing first above Sweden's winning songs in 2012 and 2015, Loreen's "Euphoria" and Måns Zelmerlöw's "Heroes", respectively.
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