La Albirroja has never reached the World Cup finals, but has finished fourth in both the 2006 Sudamericano Femenino and the 2022 Copa América Femenina, the only time they were not eliminated in the Group stage.

After not entering the 1991 and 1995 Copa America Femenina, Paraguay made their international debut against Uruguay at the 1998 South American Women's Football Championship.

With the top two in the second round qualifying for the 2007 FIFA Women's World Cup, this was the closest Paraguay had become to making a major tournament.

Despite the heavy loss, Paraguay knew a win over Uruguay in the last match could give them hope of an unlikely dream World Cup debut.

However, in a group containing the United States U20 team, Mexico, Argentina and Panama, they struggled to stay competitive, losing all three of their four games, with the exception being a 1–1 draw with the Panamanians, where Francisca Agüero scored a stoppage-time equaliser.

However, disappointingly, Argentina triumphed 2–0 over Brazil and would advance instead, ending Paraguay's hopes of making the 2015 FIFA Women's World Cup and 2016 Summer Olympics.

That would prove costly since their main rivals in the group, Chile, had drawn against the Colombians earlier in the tournament to give them an edge over the Parguayans.

After missing the previous matchday, Paraguay overcame a 1-goal deficit to defeat Uruguay 2–1, with a ninety-second-minute goal through a volley by Amada Peralta.

After topping their group with seven points after wins over Mexico and Jamaica, plus a draw with Colombia, their semi-final match against Argentina couldn't have gone worse.

Win Draw Lose Void or Postponed Fixture - Caps noted are current as of 8 April 2021, after the match against Japan, per the above sources.