 |
 |
| Group A | ||||||
|---|---|---|---|---|---|---|
| 15/02/1981 | Colombia | - | Paraguay | 1:1 | ||
| Bolivia | - | Uruguay | 1:1 | |||
| 18/02/1981 | Paraguay | - | Bolivia | 1:2 | ||
| Ecuador | - | Colombia | 3:1 | |||
| 20/02/1981 | Bolivia | - | Ecuador | 1:1 | ||
| Uruguay | - | Paraguay | 1:2 | |||
| 22/02/1981 | Ecuador | - | Uruguay | 1:2 | ||
| Colombia | - | Bolivia | 0:0 | |||
| 25/02/1981 | Uruguay | - | Colombia | 4:1 | ||
| Paraguay | - | Ecuador | 2:2 | |||
| Group B | ||||||
| 15/02/1981 | Argentina | - | Chile | 3:1 | ||
| 17/02/1981 | Brazil | - | Venezuela | 5:1 | ||
| 19/02/1981 | Argentina | - | Venezuela | 3:0 | ||
| 22/02/1981 | Brazil | - | Chile | 1:0 | ||
| 26/02/1981 | Chile | - | Venezuela | 4:0 | ||
| Brazil | - | Argentina | 1:1 | |||
| Final Round | ||||||
| 01/03/1981 | Argentina | - | Bolivia | 3:1 | ||
| Uruguay | - | Brazil | 2:1 | |||
| 05/03/1981 | Brazil | - | Argentina | 4:0 | ||
| Uruguay | - | Bolivia | 2:1 | |||
| 08/03/1981 | Brazil | - | Bolivia | 1:1 | ||
| Uruguay | - | Argentina | 5:1 | |||
