| Competition: | Peruvian Primera División |
| Season: | 1937 |
| Dates: | 30 May 1937 – 12 September 1937 |
| Winners: | Sport Boys (2nd title) |
| Relegated: | Telmo Carbajo Sportivo Melgar Sportivo Tarapacá |
| Matches: | 45 |
| Total Goals: | 167 |
| League Topscorer: |  Juan Flores (10) |
| Prevseason: | 1935 |
| Nextseason: | 1938 |
The 1937 season of the Primera División Peruana, the top category of Peruvian football, was played by 10 teams. The national champions were Sport Boys.[1] [2]
The whole tournament was played in two stadiums:
| Stadium | City | |
|---|---|---|
| Lima | ||
| Estadio Modelo de Bellavista | Callao |
Teams play each other once, either home or away. All matches were played in Lima.
| Team | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Sport Boys | 9 | 7 | 2 | 0 | 26 | 11 | +15 | 25 | 2.625 | 27.625 | Champions |
| 2 | 9 | 5 | 2 | 2 | 21 | 11 | +10 | 21 | 3.125 | 24.125 | ||
| 3 | Universitario | 9 | 5 | 1 | 3 | 21 | 22 | −1 | 20 | 3.5 | 23.5 | |
| 4 | Deportivo Municipal | 9 | 3 | 3 | 3 | 15 | 8 | +7 | 18 | 3.75 | 21.75 | |
| 5 | Atlético Chalaco | 9 | 4 | 2 | 3 | 16 | 18 | −2 | 19 | 2.625 | 21.625 | |
| 6 | Sucre | 9 | 4 | 0 | 5 | 21 | 20 | +1 | 17 | 2.5 | 19.5 | |
| 7 | Sporting Tabaco | 9 | 3 | 2 | 4 | 10 | 11 | −1 | 17 | 2.5 | 19.5 | |
| 6 | Telmo Carbajo | 9 | 3 | 2 | 4 | 10 | 15 | −5 | 17 | 2 | 19 | |
| 7 | Sportivo Melgar | 9 | 3 | 1 | 5 | 21 | 27 | −6 | 16 | 3 | 19 | |
| 8 | Sportivo Tarapacá Ferrocarril | 9 | 0 | 1 | 8 | 6 | 24 | −18 | 10 | 1.375 | 11.375 |