| Tourney Name: | Baltic Cup |
| Year: | 1932 |
| Country: | Latvia |
| Dates: | 28–30 August |
| Venues: | 2 |
| Cities: | 1 |
| Champion: | LAT |
| Count: | 2 |
| Second: | LTU |
| Third: | EST |
| Matches: | 3 |
| Goals: | 9 |
| Attendance: | 12000 |
| Top Scorer: | Alberts Šeibelis (2 goals) |
| Prevseason: | 1931 |
| Nextseason: | 1933 |
The 1932 Baltic Cup was held in Riga, Latvia from 28 to 30 August 1932. It was the fifth time three Baltic countries — Estonia, Latvia and Lithuania — came together to play a friendly tournament and determine the best team amongst them. Latvia won the tournament, beating both opponents.[1]
| width=165 | Team | width=25 | Pld | width=25 | W | width=25 | D | width=25 | L | width=25 | GF | width=25 | GA | width=25 | GD | width=25 | Pts |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | 2 | 0 | 0 | 5 | 1 | +4 | 4 | ||||||||||
| 2 | 1 | 0 | 1 | 3 | 5 | –2 | 2 | ||||||||||
| 2 | 0 | 0 | 2 | 1 | 3 | –2 | 0 |