These are the squads for the countries that played in the 1947 South American Championship. The participating countries were Argentina, Bolivia, Chile, Colombia, Ecuador, Paraguay, Peru and Uruguay. Brazil withdrew from the tournament. The teams plays in a single round-robin tournament, earning two points for a win, one point for a draw, and zero points for a loss.
Head Coach: Guillermo Stábile
Head Coach: Diógenes Lara
Head Coach: Luis Tirado