| Gender: | women |
| Continent: | South America |
| Year: | 1946 |
| Host: | Chile |
| Dates: | 10-22 May |
| Teams: | 4 |
| Venues: | 1 |
| Cities: | 1 |
| Champions: | Chile |
| Title Number: | 1 |
| Nextseason: | 1948 |
The 1946 South American Basketball Championship for Women was the first edition and first regional tournament for women in South America. It was held in Santiago, Chile and won by Chile. Four teams competed.
Each team played the other teams once, for a total of three games played by each team. The top three teams received medals.
| width=20 | Rank | width=220 | Team | width=20 | W | width=20 | L | width=20 | PF | width=20 | PA | width=20 | Diff |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 3 | 0 | 162 | 100 | +62 | ||||||||
| 2 | 2 | 1 | 113 | 91 | +22 | ||||||||
| 3 | 1 | 2 | 78 | 117 | -39 | ||||||||
| 3 | 0 | 3 | 87 | 132 | -45 |