| Tournament details | |
|---|---|
| Host country | Ecuador |
| Dates | 30 November – 31 December |
| Teams | 8 (from 1 confederation) |
| Venue | 1 (in 1 host city) |
| Final positions | |
| Champions | |
| Runners-up | |
| Third place | |
| Fourth place | |
| Tournament statistics | |
| Matches played | 28 |
| Goals scored | 102 (3.64 per match) |
| Top scorer(s) | (8 goals) |
←1946 1949 → | |

The1947 South American Championship was the 20thSouth American Championship for national teams, and was organized byCONMEBOL. It marked the first timeEcuador hosted the tournament, which hosted all the matches inEstadio George Capwell inGuayaquil.Argentina won the tournament to obtain their ninth South American title.
Brazil withdrew from the tournament.
Each team played the teams in a singleround-robin tournament, earning two points for a win, one point for a draw, and zero points for a loss. The team with the most points at the end of the tournament will be crowned the champions.
For a complete list of participating squads see:1947 South American Championship squads
| Guayaquil |
|---|
| Estadio George Capwell |
| Capacity:10,000 |
| Team | Pld | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|
| 7 | 6 | 1 | 0 | 28 | 4 | +24 | 13 | |
| 7 | 5 | 1 | 1 | 16 | 11 | +5 | 11 | |
| 7 | 5 | 0 | 2 | 21 | 8 | +13 | 10 | |
| 7 | 4 | 1 | 2 | 14 | 13 | +1 | 9 | |
| 7 | 2 | 2 | 3 | 12 | 9 | +3 | 6 | |
| 7 | 0 | 3 | 4 | 3 | 17 | −14 | 3 | |
| 7 | 0 | 2 | 5 | 6 | 21 | −15 | 2 | |
| 7 | 0 | 2 | 5 | 2 | 19 | −17 | 2 |
| Argentina | 3–2 | |
|---|---|---|
| Moreno Di Stefano Boyé | Gómez Sánchez López Torres |
| Argentina | 1–1 | |
|---|---|---|
| Di Stefano | Riera |
| 1947 South American Championship champions |
|---|
Argentina Ninth title |

8 Goals
6 Goals
5 Goals
4 Goals
3 Goals
2 Goals
1 Goal
Own Goal