Victoria (or Nao Victoria) was a carrack and the first ship to successfully circumnavigate the world. Victoria was part of a Spanish expedition commanded by the explorer Ferdinand Magellan, and after his death during the voyage, by Juan Sebastián Elcano. The expedition began on 10 August 1519 with five ships. However, Victoria was the only ship to complete the voyage, returning on 6 September 1522. Magellan was killed in the Philippines.

The ship was built at a shipyard in Ondarroa, with the Basques being reputed shipbuilders at the time, and along with the four other ships, she was given to Magellan by King Charles I of Spain (The Holy Roman Emperor Charles V). Victoria was named after the church of Santa Maria de la Victoria de Triana (Sevilla), where Magellan took an oath of allegiance to Charles V. Victoria was an 85-ton ship with a crew of 42.

The four other ships were Trinidad (110 tons, crew 55), San Antonio (120 tons, crew 60), Concepcion (90 tons, crew 45), and Santiago (75 tons, crew 32). Trinidad, Magellan's flagship, Concepcion, and Santiago were wrecked or scuttled; San Antonio deserted the expedition during the navigation of the Straits of Magellan and returned to Spain on her own.

Victoria was a carrack or nao, as were all the others except Santiago, which was a caravel.