| Competition: | Torneo Descentralizado |
| Season: | 1992 |
| Winners: | Universitario |
| Relegated: | CNI Hijos de Yurimaguas |
| Continentalcup1: | Copa Libertadores |
| Continentalcup2: | 1993 Copa CONMEBOL |
| Continentalcup1 Qualifiers: | Universitario Sporting Cristal |
| Continentalcup2 Qualifiers: | Ovación Sipesa |
| League Topscorer: | Marco Antônio Dos Santos (18) (Sport Boys) |
| Prevseason: | 1991 |
| Nextseason: | 1993 |
The 1992 season of the Torneo Descentralizado was the 77th season of the top category of Peruvian football (soccer). It was played by 16 teams. The national champions were Universitario.
| Team | City | Stadium | Capacity | Field | |
|---|---|---|---|---|---|
| Campeones del 36 | 8,000 | Grass | |||
| Alejandro Villanueva | 35,000 | Grass | |||
| 24,000 | Grass | ||||
| 42,056 | Grass | ||||
| 24,000 | Grass | ||||
| 45,750 | Grass | ||||
| 45,750 | Grass | ||||
| 15,000 | Grass | ||||
| 15,000 | Grass | ||||
| 20,000 | Grass | ||||
| 45,750 | Grass | ||||
| 15,000 | Grass | ||||
| 18,000 | Grass | ||||
| Daniel Alcides Carrión | 8,000 | Grass | |||
| 18,000 | Grass | ||||
| 45,750 | Grass |
Teams play each other once, either home or away. Liguilla Final was played only at the Estadio Nacional, Lima.