The 1932 season of the Peruvian Primera División, was the 17th season of top-flight Peruvian football. A total of eight teams competed in this league. The national champions were Alianza Lima. No relegated team, because First Division grew to 10 teams for 1933.
Atlético Chalaco, Atlético Frigorífico and Unión Buenos Aires leave the League to form the Liga Provincial del Callao. Hidroaviación disappeared after losing the support of the Escuela de Hidroaviación de Ancón. Lawn Tennis decided to disenroll from the Peruvian Football Federation.
Format
From 1931 until 1934 the results of a reserve teams league were added as bonus points. From 1931 until 1942 the points system was W:3, D:2, L:1, walkover:0.
Teams
Primera División
Primeros Equipos
Results
Teams play each other once, either home or away. All matches were played in Lima.