Group 2 of the 1960 Summer Olympics football tournament took place from 26 August to 1 September 1960. [1] [2] The group consisted of Italy, Great Britain, Brazil and Taiwan. The top team, Italy, advanced to the semi-finals.
| Team | Region | Method of qualification | Date of qualification | Finals appearance | Last appearance | Previous best performance |
|---|---|---|---|---|---|---|
 Italy | Europe | Hosts | 15 June 1955 | 8th | 1952 | Gold medal (1936) |
 Great Britain | Europe | Europe Group 5 winners | 2 April 1960 | 9th | 1956 | Gold medal (1900, 1908, 1912) |
 Brazil | Americas | Americas second round third place | 27 April 1960 | 2nd | 1952 | Quarter-finals (1952) |
 Taiwan | Asia | Asia second round winner | 30 April 1960 | 1st | – | – |
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Italy (H) | 3 | 2 | 1 | 0 | 9 | 4 | +5 | 5 | Advanced to knockout stage |
| 2 |  Brazil | 3 | 2 | 0 | 1 | 10 | 6 | +4 | 4 | |
| 3 | Great Britain | 3 | 1 | 1 | 1 | 8 | 8 | 0 | 3 | |
| 4 | Taiwan | 3 | 0 | 0 | 3 | 3 | 12 | −9 | 0 |
In the semi-finals, the winners of Group 2, Italy, advanced to play the winner of Group 1, Yugoslavia.
All times listed are local, CET (UTC+1).
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| Brazil | 4–3 | Great Britain |
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| Brazil | 5–0 | Taiwan |
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| Italy | 2–2 | Great Britain |
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| Great Britain | 3–2 | Taiwan |
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