| Competition: | Segunda División |
| Season: | 1946–47 |
| Winners: | Alcoyano |
| Promoted: | Alcoyano Gimnástico Real Sociedad |
| Relegated: | Real Santander Zaragoza Real Betis |
| League Topscorer: | Francisco Peralta (24 goals) |
| Best Goalkeeper: | Andrés Company (1.4 goals/match) |
| Biggest Home Win: | (9 March 1947) |
| Biggest Away Win: | (27 October 1946) |
| Highest Scoring: | (5 January 1947) |
| Matches: | 182 |
| Total Goals: | 679 |
| Prevseason: | 1945–46 |
| Nextseason: | 1947–48 |
The 1946–47 Segunda División season was the 16th since its establishment and was played between 22 September 1946 and 13 April 1947.
14 teams joined the league, including two relegated from the 1945–46 La Liga and three promoted from the 1945–46 Tercera División.
| Goalscorers | Goals | Team |
|---|---|---|
| 24 | Gimnástico | |
 Vicente Martínez | 20 | Levante |
| José Mijares | 18 | Mallorca |
| Anselmo Campos | 15 | Real Sociedad |
| Pascual Escrivá | 15 | Levante |
| Goalkeeper | Goals | Matches | Average | Team | |
|---|---|---|---|---|---|
| Andrés Company | 28 | 20 | Alcoyano | ||
| Román Galarraga | 37 | 26 | Real Sociedad | ||
| Luis Martín | 41 | 26 | Real Córdoba | ||
| Cosme | 44 | 26 | Hércules | ||
| Joaquín Comas | 44 | 26 | Málaga |