Qualified Teams
| Country | Team | Qualification method |
|---|---|---|
| CONMEBOL |
Peñarol | 1961 Copa de Campeones winners |
| Argentina |
Racing | 1961 Primera División champion |
| Bolivia |
Deportivo Municipal | 1961 Copa Simón Bolívar champion |
| Brazil |
Santos | 1961 Taça Brasil champion |
| Chile |
Universidad Católica | 1961 Primera División champion |
| Colombia |
Millonarios | 1961 DIMAYOR champion |
| Ecuador |
Emelec | 1961 Campeonato Ecuatoriano de Fútbol champion |
| Paraguay |
Cerro Porteño | 1961 Primera División champion |
| Peru |
Sporting Cristal | 1961 Primera División champion |
| Uruguay |
Nacional | 1961 Primera División runner-up |
Read more about this topic: 1962 Copa Libertadores
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