| Final - Sao Januario, Rio de Janeiro. | | date | team 1 _________ | score | team 2 _________ | HT | attend. | | Wed 11.05.49 |  Brazil | 7-0 |  Paraguay | 3-0 | 55,000 | | 1-0 Ademir 17' 2-0 Ademir 27' 3-0 Tesourinha 43' 4-0 Ademir 48' 5-0 Tesourinho 70' 6-0 Jair 72' 7-0 Jair 89' Referee: Referee: Cyril Jack Barrick, England. |
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| Final was played after there was no tie-break criteria. |
| Final Ranking | p | _w_ | _d_ | _l_ | gf | ga | g+- | | 1. | Brazil | 12 | 6 | 0 | 1 | 39: | 7 | +32 | | 2. | Paraguay | 12 | 6 | 0 | 1 | 21: | 6 | +15 | | 3. |  Peru | 10 | 5 | 0 | 2 | 20: | 13 | +7 | | 4. |  Bolivia | 8 | 4 | 0 | 3 | 13: | 24 | -11 | | 5. |  Chile | 5 | 2 | 1 | 4 | 10: | 14 | -4 | | 6. |  Uruguay | 5 | 2 | 1 | 4 | 14: | 20 | -6 | | 7. |  Ecuador | 2 | 1 | 0 | 6 | 7: | 21 | -14 | | 8. |  Colombia | 2 | 0 | 2 | 5 | 4: | 23 | -19 |
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| Argentina withdrew. Uruguay played with a youth team, due to the players' strike. |
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| Team | Braz | Para | Peru | Boli | Chil | Urug | Ecua | Colo | | Brazil | --- | 1:2 | 7:1 | 10:1 | 2:1 | 5:1 | 9:1 | 5:0 | | Paraguay | | --- | 3:1 | 7:0 | 4:2 | | 1:0 | 3:0 | | Peru | | | --- | 3:0 | 3:0 | 4:3 | 4:0 | 4:0 | | Bolivia | | | | --- | 3:2 | 3:2 | 2:0 | 4:0 | | Chile | | | | | --- | 3:1 | 1:0 | 1:1 | | Uruguay | | 2:1 | | | | --- | 3:2 | 2:2 | | Ecuador | | | | | | | --- | 4:1 | | Colombia | | | | | | | | --- |
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| date | team 1 _________ | score | team 2 _________ | HT | | Sun 03.04.49 | Brazil | 9-1 | Ecuador | | | Wed 06.04.49 | Paraguay | 3-0 | Colombia | | | Wed 06.04.49 | Bolivia | 3-2 | Chile | | | Sun 10.04.49 | Brazil | 10-1 | Bolivia | | | Sun 10.04.49 | Paraguay | 1-0 | Ecuador | | | Sun 10.04.49 | Peru | 4-0 | Colombia | | | Wed 13.04.49 | Brazil | 2-1 | Chile | | | Wed 13.04.49 | Paraguay | 3-1 | Peru | | | Wed 13.04.49 | Uruguay | 3-2 | Ecuador | | | Sun 17.04.49 | Brazil | 5-0 | Colombia | | | Sun 17.04.49 | Bolivia | 3-2 | Uruguay | | | Sun 17.04.49 | Chile | 1-0 | Ecuador | | | Wed 20.04.49 | Peru | 4-0 | Ecuador | | | Wed 20.04.49 | Chile | 1-1 | Colombia | | | Wed 20.04.49 | Uruguay | 2-1 | Paraguay | | | Sun 24.04.49 | Brazil | 7-1 | Peru | | | Mon 25.04.49 | Bolivia | 2-0 | Ecuador | | | Mon 25.04.49 | Uruguay | 2-2 | Colombia | | | Wed 27.04.49 | Paraguay | 4-2 | Chile | | | Wed 27.04.49 | Peru | 3-0 | Bolivia | | | Sat 30.04.49 | Brazil | 5-1 | Uruguay | | | Sat 30.04.49 | Paraguay | 7-0 | Bolivia | | | Sat 30.04.49 | Peru | 3-0 | Chile | | | Tue 03.05.49 | Ecuador | 4-1 | Colombia | | | Wed 04.05.49 | Peru | 4-3 | Uruguay | | | Fri 06.05.49 | Bolivia | 4-0 | Colombia | | | Sun 08.05.49 | Paraguay | 2-1 | Brazil | | | Sun 08.05.49 | Chile | 3-1 | Uruguay | |
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