| Miss Universe 1986 | |
|---|---|
 | |
| Date | 21 July 1986 |
| Presenters | |
| Entertainment | Miami Sound Machine |
| Venue | Atlapa Convention Centre, Panama City, Panama |
| Broadcaster | CBS (international) TVN (official broadcaster) |
| Entrants | 77 |
| Placements | 10 |
| Debuts | Côte d'Ivoire |
| Withdrawals | |
| Returns | |
| Winner | Bárbara Palacios Venezuela |
| Congeniality | Dina Reyes Salas (Guam) |
| Best National Costume | Gilda García López (Panama) |
| Photogenic | Susanna Huckstep (Italy) |
Miss Universe 1986 was the 35th Miss Universe pageant, held on 21 July 1986 at the Atlapa Convention Centre in Panama City, Panama. Bárbara Palacios Teyde of Venezuela was crowned by Deborah Carthy-Deu of Puerto Rico. Seventy-seven contestants competed in this year.