| Tournament details | |
|---|---|
| Host country | Venezuela |
| Dates | 22 March – 13 April |
| Teams | 9 |
| Final positions | |
| Champions |  Uruguay (1st title) |
| Runners-up |  Brazil |
| Third place |  Venezuela |
| Fourth place |  Peru |
| Tournament statistics | |
| Matches played | 19 |
| Goals scored | 64 (3.37 per match) |
| Top scorer(s) |  Juan Agüero (7) |
1958 → | |
The South American Youth Championship 1954 was held in Caracas, Venezuela. It was the first time the tournament was organised.
The following teams entered the tournament:
Argentina did not participate in this tournament. They were the only non-European team to play in the 1954 FIFA Youth Tournament Under-18.
Host Venezuela automatically qualified for the final round.
| Teams | Pld | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|
| Uruguay | 3 | 2 | 1 | 0 | 7 | 2 | +5 | 5 |
 Colombia | 3 | 1 | 2 | 0 | 3 | 2 | +1 | 4 |
 Chile | 3 | 0 | 2 | 1 | 2 | 4 | –2 | 2 |
 Ecuador | 3 | 0 | 1 | 2 | 2 | 6 | –4 | 1 |
| 22 March | Colombia | 1–1 | Uruguay |
| 23 March | Chile | 1–1 | Ecuador |
| 25 March | Uruguay | 4–1 | Ecuador |
| 26 March | Chile | 1–1 | Colombia |
| 29 March | Colombia | 1–0 | Ecuador |
| 30 March | Uruguay | 2–0 | Chile |
| Teams | Pld | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|
| Brazil | 3 | 2 | 1 | 0 | 10 | 3 | +7 | 5 |
| Peru | 3 | 1 | 2 | 0 | 7 | 5 | +2 | 4 |
| Paraguay | 3 | 1 | 1 | 1 | 12 | 5 | +7 | 3 |
 Panama | 3 | 0 | 0 | 3 | 4 | 20 | –16 | 0 |
| 23 March | Brazil | 7–1 | Panama |
| Paraguay | 2–2 | Peru | |
| 26 March | Paraguay | 9–1 | Panama |
| 27 March | Brazil | 1–1 | Peru |
| 31 March | Peru | 4–2 | Panama |
| Brazil | 2–1 | Paraguay |
| Teams | Pld | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|
| Uruguay | 3 | 2 | 1 | 0 | 7 | 2 | +5 | 5 |
| Brazil | 3 | 1 | 2 | 0 | 4 | 2 | +2 | 4 |
| Venezuela | 3 | 1 | 0 | 2 | 3 | 6 | –3 | 2 |
| Peru | 3 | 0 | 1 | 2 | 2 | 6 | –4 | 1 |
| 3 April | Brazil | 2–0 | Venezuela |
| 5 April | Uruguay | 3–0 | Peru |
| 7 April | Uruguay | 3–1 | Venezuela |
| 9 April | Brazil | 1–1 | Peru |
| 11 April | Venezuela | 2–1 | Peru |
| 13 April | Brazil | 1–1 | Uruguay |
| 1954 South American Youth Championship |
|---|
 Uruguay First title |
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