Paraguay
Formed: 1906 Manager: Paulo César Carpegiani
| Number | Name | Pos | Height | Weight | Date of Birth | Birth Place | Current Club |
| 1 | José Luis Chilavert | G | 6'04" | 14 02 | 27-07-65 | Luque | Vélez Sársfield |
| 2 | Francisco Arce | D | 5'10" | 12 00 | 02-04-71 | Ñuati | Palmeiras |
| 3 | Catalino Rivarola | D | 6'02" | 12 13 | 30-04-65 | Zabalhos | Grêmio |
| 4 | Carlos Gamarra | D | 5'11" | 12 00 | 17-02-71 | Ypacarai | Corinthians |
| 5 | Celso Ayala | D | 6'01" | 12 13 | 20-08-70 | Asunción | River Plate |
| 6 | Edgar Aguilera | M | 5'09" | 11 05 | 28-07-75 | Cerro Porteño | |
| 7 | Juan Carlos Yegros | F | 5'07" | 09 04 | 15-07-71 | Cruz Azul | |
| 8 | Arístides Rojas | F | 5'11" | 11 09 | 08-12-68 | Guaraní | Unión (Santa Fe) |
| 9 | José Cardozo | F | 5'11" | 12 04 | 19-03-71 | Nueva Italia | Toluca |
| 10 | Roberto Acuña | M | 5'10" | 11 11 | 25-03-72 | Avellaneda | Real Zaragoza |
| 11 | Pedro Sarabia | D | 5'11" | 12 04 | 05-07-75 | Asunción | River Plate |
| 12 | Danilo Aceval | G | 6'01" | 13 01 | 15-09-75 | Arroyo | Unión (Santa Fe) |
| 13 | Carlos Paredes | M | 5'10" | 12 02 | 16-07-76 | Asunción | Olimpia [PAR} |
| 14 | Ricardo Rojas | D | 5'08" | 11 03 | 26-01-71 | Posadas | Estudiantes (LP) |
| 15 | Miguel Ángel Benítez | M | 5'07" | 10 12 | 19-05-70 | Santísima Trinidad | Espanyol |
| 16 | Julio César Enciso | M | 5'08" | 11 07 | 08-05-74 | Capiatá | Internacional |
| 17 | Hugo Brizuela | F | 5'10" | 10 10 | 08-02-69 | Pilar | Argentinos Juniors |
| 18 | César Ramírez | F | 5'11" | 13 01 | 24-03-77 | Curuguaty | Sporting CP |
| 19 | Carlos Morales | M | 5'10" | 11 05 | 04-11-68 | Asunción | Gimnasia y Esgrima (Jujuy) |
| 20 | Denis Caniza | D | 5'09" | 11 00 | 29-08-74 | Asunción | Olimpia [PAR] |
| 21 | Jorge Campos | F | 5'09" | 11 00 | 11-08-72 | Asunción | Beijing Guo'an |
| 22 | Rubén Ruiz Díaz | G | 6'03" | 11-11-69 | Monterrey | ||