| Tournament details | |
|---|---|
| Host country | Chile |
| Dates | 16 January – 7 February |
| Teams | 10 |
| Final positions | |
| Champions |  Argentina (3rd title) |
| Runners-up |  Brazil |
| Third place |  Paraguay |
| Fourth place |  Uruguay |
| Tournament statistics | |
| Top scorer(s) | Adaílton (8 goals) |
The South American Youth Championship 1997 was held in Coquimbo, Iquique and La Serena, Chile. It also served as qualification for the 1997 FIFA World Youth Championship.
The following teams entered the tournament:
| Teams | Pld | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|
| Brazil | 4 | 4 | 0 | 0 | 17 | 4 | +13 | 12 |
 Venezuela | 4 | 2 | 1 | 1 | 9 | 15 | –6 | 7 |
 Chile | 4 | 2 | 0 | 2 | 8 | 8 | 0 | 6 |
 Peru | 4 | 0 | 2 | 2 | 3 | 7 | –4 | 2 |
 Ecuador | 4 | 0 | 1 | 3 | 1 | 4 | –3 | 1 |
| Brazil | 10–2 | Venezuela | |
| Chile | 3–1 | Peru | |
| Brazil | 2–1 | Ecuador | |
| Chile | 3–4 | Venezuela | |
| Ecuador | 0–1 | Venezuela | |
| Brazil | 2–0 | Peru | |
| Venezuela | 2–2 | Peru | |
| Chile | 1–0 | Ecuador | |
| Peru | 0–0 | Ecuador | |
| Chile | 1–3 | Brazil |
| Teams | Pld | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|
| Uruguay | 4 | 3 | 1 | 0 | 7 | 3 | +4 | 10 |
| Argentina | 4 | 2 | 1 | 1 | 8 | 5 | +3 | 7 |
| Paraguay | 4 | 2 | 0 | 2 | 8 | 8 | 0 | 6 |
 Colombia | 4 | 1 | 2 | 1 | 6 | 8 | –2 | 5 |
 Bolivia | 4 | 0 | 0 | 4 | 5 | 10 | –5 | 0 |
| Colombia | 4–3 | Bolivia | |
| Argentina | 5–2 | Paraguay | |
| Uruguay | 3–1 | Paraguay | |
| Argentina | 1–1 | Colombia | |
| Argentina | 2–1 | Bolivia | |
| Uruguay | 1–1 | Colombia | |
| Paraguay | 2–0 | Bolivia | |
| Argentina | 0–1 | Uruguay | |
| Colombia | 0–3 | Paraguay | |
| Uruguay | 2–1 | Bolivia |
| Teams | Pld | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|
| Argentina | 5 | 3 | 2 | 0 | 10 | 2 | +8 | 11 |
| Brazil | 5 | 2 | 2 | 1 | 9 | 6 | +3 | 8 |
| Paraguay | 5 | 2 | 2 | 1 | 5 | 6 | –1 | 8 |
| Uruguay | 5 | 1 | 3 | 1 | 7 | 5 | +2 | 6 |
| Venezuela | 5 | 1 | 1 | 3 | 7 | 11 | –4 | 4 |
| Chile | 5 | 0 | 2 | 3 | 5 | 13 | –8 | 2 |
| Argentina | 3–0 | Venezuela | |
| Brazil | 3–0 | Paraguay | |
| Chile | 2–2 | Uruguay | |
| Paraguay | 2–1 | Venezuela | |
| Argentina | 1–1 | Uruguay | |
| Chile | 2–4 | Brazil | |
| Venezuela | 0–3 | Uruguay | |
| Argentina | 2–0 | Brazil | |
| Chile | 0–0 | Paraguay | |
| Brazil | 2–2 | Venezuela | |
| Uruguay | 1–2 | Paraguay | |
| Chile | 0–3 | Argentina | |
| Uruguay | 0–0 | Brazil | |
| Argentina | 1–1 | Paraguay | |
| Chile | 1–4 | Venezuela |
| 1997 South American Youth Championship |
|---|
 Argentina Second title |
The four best performing teams qualified for the 1997 FIFA World Youth Championship.
Chile: UCV Televisión, Universidad Católica de Chile Televisión, Megavisión and La Red (some matches); VTR, Metrópolis Intercom, Cable Express, TeleRed, Metrópolis TV Cable, TV Cable Intercom & Multicanal (all matches) Brazil: Rede Bandeirantes 
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