These are the squads for the countries that played in the 1987 Copa América held in Argentina. The first round was played in three groups of three teams with Uruguay, as defending champion, receiving a bye to the semi-finals.
Head Coach: Carlos Bilardo
Head Coach: Luis Grimaldi
Head Coach: Fernando Cuellar
Head Coach: Carlos Alberto Silva
Head Coach: Orlando Aravena
Head Coach: Rafael Santana
Head Coach: Osvaldo Nito Veiga [it]
Head Coach: Francisco Maturana
Head Coach: José Parodi
Head Coach: Roberto Fleitas
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