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The 1987 Torneo Descentralizado, the top category of Peruvian football (soccer), was played by 30 teams. The season started in 1987 but ended in early 1988. The national champion was Universitario .
The national championship was divided into two tournaments, the Regional Tournament and the Descentralized Tournament. The winners of each tournament faced off in the final and received the berths for the Copa Libertadores 1988. The Regional Tournament divided the teams into four groups; Metropolitan, North, Central, and South. Each group had its teams qualify for the Regional Finals, the Descentralized Tournament and the Intermediary Division. The Regional Finals determined the Regional Champion. The Descentralized Tournament divided the teams in three groups and had its teams qualify for the Descentralized Liguilla which decided the Descentralized Champion. The Intermediary Division was a promotion/relegation tournament between first and second division teams.