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A troll doll, also known as a Dam doll, is a type of plastic doll with furry hair depicting a troll. They were originally created in 1959 by Danish woodcutter Thomas Dam. Dam could not afford a Christmas gift for his young daughter Lila and carved the doll from his imagination. When other children in the Danish town of Gjøl saw the troll doll, they wanted one as well. The originals, also called Dam dolls, were of the highest quality, featuring sheep wool hair and glass eyes.

Troll dolls became one of the United States' biggest toy fads in the early 1960s. During the 1990s several video games based on troll dolls were created, and in 1992 a 30 minute DiC cartoon called Magical Super Trolls featured an evil troll named Craven. The 1990s troll doll fad also included The Trollies Radio Show, with trolls singing hits, such as "Kokomo", "Woolly Bully", and "Doo Wah Diddy".

In 2003, the Toy Industry Association named troll dolls to its Century of Toys List, which commemorates the 100 most memorable toys of the 20th century. In 2005, the troll brand was licensed to DIC Entertainment and modernized in an animated series called Trollz, which stars five trolls who live in a world of ogres, gnomes, dragons, and a bit of magic.

Many people collect trolls; the originals maintain the highest value. Some collectors have thousands of troll dolls, ranging in size from miniature gumball machine prizes and pencil toppers to dolls over one foot tall.