| Competition: | Uruguayan Primera División |
| Season: | 1932 (29th) |
| Winners: | Peñarol |
| Prevseason: | 1931 |
| Nextseason: | 1933 |
The Uruguayan Championship 1932 was the 29th season of Uruguay's top-flight football league.
The tournament consisted of a two-wheel championship of all against all. It involved fourteen teams, and the champion was Peñarol.
| Team | City | Stadium | Capacity | Foundation | Seasons | Consecutive seasons | Titles | 1931 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bella Vista | Montevideo | Parque Bella Vista | ? | 4 October 1920 | 6 | 6 | align=center | - | 9th | |||
| Central | Montevideo | 5 January 1905 | 17 | 2 | align=center | - | 5th | |||||
| Defensor | Montevideo | 15 March 1913 | 7 | 4 | align=center | - | 7th | |||||
| Nacional | Montevideo | Gran Parque Central | 15,000 | 14 May 1899 | 27 | 27 | 11 | 2nd | ||||
| Peñarol / CURCC | Montevideo | 28 September 1891 | 26 | 4 | 9 | 4th | ||||||
| Racing | Montevideo | 6 April 1919 | 4 | 1 | align=center | - | 10th | |||||
| Rampla Juniors | Montevideo | Parque Nelson | ? | 7 January 1914 | 7 | 7 | 1 | 3rd | ||||
| River Plate | Montevideo | 11 May 1932 | align=center | - | align=center | - | align=center | - | align=center | - | ||
| Sud América | Montevideo | 15 February 1914 | 4 | 4 | align=center | - | 8th | |||||
| Montevideo Wanderers | Montevideo | Estadio Belvedere | ? | 15 August 1902 | 25 | 25 | 3 | 1st |