Argentina - 2 World Cups
Argentina has appeared in 5 World Cup finals, and won two trophies to equal Uruguay. They won the trophy in 1958, defeating Netherlands 3-1 after extra time. They had to wait only another eight years before Diego Maradona led the Argentine side to their second and their latest World Cup victory.
The 1986 tournament is the one with the infamous 'Hand of God' goal by Maradona, in the quarter finals against England.
Uruguay - 2 World Cups
Uruguay have appeared in the World Cup final twice, and won it twice but they have also gone the longest time without reclaiming the trophy (1950 - present).
Uruguay's first trophy came in 1930 when they won the inaugural tournament held in their country, defeating Argentina 4-2 in the final. Their next win came in the first tournament held after the 12 year break due to the Second World War, in 1950 when they won the Jules Rimet trophy for the second time. Ever since they have been in search of their third.