The team's most successful period was mostly during 2001 to 2003 and once again in 2006, achieving Fourth place at the 2001 FIFA World Youth Championship before winning back-to-back tournaments at the Milk Cup in 2002 and 2003 and once again in 2006.[3] Paraguay also won the 2002 SBS Cup disputed in Shizuoka Japan.[4]
The team has participated in 8 events of the FIFA World Youth Championship and the best performance came in the 2001 World Cup held in Argentina, when Paraguay finished in the fourth place. The best performance at the South American level came in 1971 when they won the South American Youth Football Championship (also known as "Juventud de América"), along with four runners-up finishes in 1964, 1967, 1985 and 2009.