Paraguayan Women's Football Championship
| Founded | 1997 |
|---|---|
| Country | Paraguay |
| Confederation | CONMEBOL |
| International cup | Copa Libertadores Femenina |
| Current champions | Libertad (2025) |
| Most championships | Universidad Autónoma (9) |
| Top scorer | Liza Larrea (126 goals) |
| Current: 2026 season | |
The Campeonato Anual FEM (English: Annual W Championship) is the top-level league competition for women's football in Paraguay. The winner and runner-up qualify for the Copa Libertadores Femenina, the South American Women's Champions League. The competition is organised by the Paraguayan Football Association.