1988 Copa Libertadores
| Tournament details | |
|---|---|
| Dates | June 29 – October 26 |
| Teams | 21 (from 10 associations) |
| Final positions | |
| Champions |
 Nacional (3rd title)
|
| Runners-up |
 Newell's Old Boys
|
| Tournament statistics | |
| Matches played | 83 |
| Goals scored | 170 (2.05 per match) |
| Top scorer(s) |
 Arnoldo Iguarán (5) |
The 1988 Copa Libertadores de América was the 29th edition of the Copa Libertadores, South America's premier international club football tournament organized by CONMEBOL. This season's defending champion Peñarol of Uruguay were defeated by San Lorenzo of Argentina. In the finals, Nacional defeated Newell's Old Boys.
The champions and runners-up of each football association were drawn into the same group along with another football association's participating teams. Three clubs from Uruguay competed as Peñarol was champion of the 1987 Copa Libertadores. They entered the tournament in the third stage.
Newell's Old Boys and San Lorenzo played an extra match to determine the winner of the group.
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