| Paraguay | |
| Type: | Fed |
| Nickname: | Las Guaraníes/La Albirroja |
| Captain: | Alfredo De Brix |
| Itf Rank: | 17 1 (16 November 2015) |
| Colors: | red & blue |
| First Year: | 1991 |
| Years Played: | 25 |
| Ties Played: | 103 (65–38) |
| Wg Played: | 3 (0–3) |
| Best: | World Group II Play-offs (1995, 2015) |
| Player Wins: | Larissa Schaerer (64–32) |
| Singles Wins: | Larissa Schaerer (39–17) |
| Doubles Wins: | Larissa Schaerer (25–15) |
| Best Doubles: | Verónica Cepede Royg / Montserrat González (12–2) |
| Most Ties: | Larissa Schaerer (55) |
| Most Years: | Larissa Schaerer (13) |
The Paraguay Billie Jean King Cup team represents Paraguay in the Billie Jean King Cup tennis competition and are governed by the Asociación Paraguaya de Tenis.
Paraguay competed in Americas Zone Group I in 2016 - its ninth consecutive year at this level.
Paraguay's best Fed Cup performances were in 1995 and 2015, when reaching the World Group II play-offs. Its first appearance in the competition was four years earlier in 1991.
Paraguay was defeated by Argentina 0-2 in the Americas Zone Group I play-offs in 2016.
Paraguay will compete in the Americas Zone Group I in 2017.