24 Members (excluding the associate or suspended members but including the countries represented on their behalf) [The rulers are not necessarily the representatives in the organisation. ] :
| | ANDORRA | (Andorra The Old a + (La Seu d´Urgell) ry) | | Coprince Joan Marti Alanis | | |
| | ARGENTINE | (Buenos Aires a + Olivos r) | | President Carlos Menem | | |
| | BOLIVIA | (Sucre cj + La Paz eir) | | President Jaime Paz Zamora | | |
| | BRAZIL | (Brasilia) | | President Fernando Collor de Mello | | |
| | CHILE | (Santiago of Chile a + Valparaiso l + Vina del Mar s) | | President Patricio Aylwin | | |
| | COLOMBIA | (Santafe of Bogota) | | President Cesar Gaviria | | |
| | COSTA RICA | (San Jose) | | President Rafael Angel Calderon Fournier | | |
| | CUBA | (Havana) | | Supreme Leader Fidel Castro | | |
| | DOMINICAN | (Santo Domingo de Guzman) | | President Joaquin Balaguer | | |
| | ECUADOR | (San Francisco of Quito) | | President Rodrigo Borja Cevallos | | |
| | SPAIN | (Madrid) | | King Juan Carlos I | | |
| | EQUATORIAL GUINEA | (Malabo a) | | President Teodoro Obiang Nguema Mbasogo | | |
| | GUATEMALA | (Guatemala City) | | President Jorge Serrano Elias | | |
| | HONDURAS | (Tegucigalpa a + Comayaguela c) | | President Rafael Leonardo Callejas | | |
| | MEXICO | (Mexico City) | | President Carlos Salinas de Gortari | | |
| | NICARAGUA | (Managua) | | President Violeta Chamorro | | |
| | PANAMA | (Panama City) | | President Guillermo Endara Galimany | | |
| | PERU | (Lima a + Arequipa d) | | President Alberto Fujimori | | |
| | PUERTO RICO | (San Juan Puerto Rico) | | President George Herbert Walker Bush | | |
| | PORTUGAL | (Lisbon) | | President Mario Soares | | |
| | PARAGUAY | (Assumption) | | President Andres Rodriguez Pedotti | | |
| | EL SALVADOR | (San Salvador) | | President Alfredo Felix Cristiani Burkard | | |
| | URUGUAY | (Montevideo) | | President Luis Alberto Lacalle | | |
| | VENEZUELA | (Caracas) | | President Carlos Andres Perez | | |