Opening date: 19 November 1994
Closing date: 28 November 1994
With the fifth edition, which took place in Valencia, Venezuela, from 19 to 28 November 1994, was more clear signal of the expansion of the South American Games. The substations were the cities of Puerto Cabello and Caracas. Delegations of Panama, the Netherlands Antilles and Aruba joined the traditional affiliates. The organization recorded numbers more elastic in that year: 1,599 athletes from 14 countries distributed in 19 sports: athletics, baseball, Bolus, Boxing, Canoeing, Cycling, Fencing, football, gymnastics (artistic and rhythmic sport), Judo, Karate, weightlifting, struggles, swimming, softball, taekwondo, tennis, table tennis and shooting. Journalists and observers made ECHO the optimism of the Organization, highlighting the excellent technical level that was presented in Venezuela. Argentina won the pentacampeonato, with 105 gold medals and 218 medals in total. Venezuela took advantage of the opportunity to compete in their own house and achieved its best performance in the history of the Games: 76 gold medals and 206 in total. Colombia ended in third with 35 gold medals. The competition tennis of the V South American Games with the participation of a young and still unknown Brazilian player: Gustavo Kuerten, or better, "Guga". Three years later, Guga conquered the first of their three titles at Roland Garros, starting to write his name in the history of international tennis.