| Competition: | Peruvian Primera División |
| Season: | 1933 |
| Dates: | 18 June 1933 – 27 August 1933 |
| Winners: | Alianza Lima |
| Relegated: | Sport Progreso Sportivo Unión |
| League Topscorer: |  Teodoro Fernández (9) |
| Prevseason: | 1932 |
| Nextseason: | 1934 |
The 1933 season of the Primera División Peruana was the 18th season of top-flight Peruvian football. A total of 10 teams competed in this league. The national champions were Alianza Lima. First Division reduced to 9 teams for 1934. The team of Unión Carbone was promoted to next year.
| Team | City |
|---|---|
| Pueblo Libre, Lima | |
| Sportivo Unión | |
Teams play each other once, either home or away. All matches were played in Lima.
| Team | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Alianza Lima | 9 | 8 | 1 | 0 | 36 | 12 | +24 | 26 | 5 | 31 | Champions |
| 2 | 9 | 7 | 2 | 0 | 28 | 8 | +20 | 25 | 5.5 | 30.5 | ||
| 3 | Ciclista Lima | 9 | 4 | 0 | 5 | 20 | 24 | −4 | 17 | 5.5 | 22.5 | |
| 4 | Sucre | 9 | 4 | 2 | 3 | 21 | 15 | +6 | 19 | 3.25 | 22.25 | |
| 5 | Sport Boys | 9 | 4 | 2 | 3 | 18 | 21 | −3 | 19 | 3 | 22 | |
| 6 | Sportivo Tarapacá Ferrocarril | 9 | 3 | 1 | 5 | 17 | 18 | −1 | 16 | 5.75 | 21.75 | |
| 7 | Sporting Tabaco | 9 | 2 | 3 | 4 | 18 | 20 | −2 | 16 | 4.5 | 20.5 | |
| 8 | Circolo Sportivo Italiano | 9 | 3 | 1 | 5 | 11 | 14 | −3 | 16 | 3.5 | 19.5 | |
| 9 | Sport Progreso | 9 | 3 | 1 | 5 | 13 | 21 | −8 | 15 | 3.5 | 18.5 | |
| 10 | Sportivo Unión | 9 | 0 | 1 | 8 | 11 | 40 | −29 | 10 | 4 | 14 |