Gustavo Paruolo (born November 16 1980 in Buenos Aires) is an Argentine football player who plays for Politehnica Iaşi in the Romanian Liga I.
Paruolo started his career with San Lorenzo where he was part of the squad that won the Clausura 2001 championship. In 2001 he left San Lorenzo and spent several years playing in the lower leagues of Argentine football with Almagro, Juventud Antoniana, Los Andes, All Boys, Nueva Chicago and La Plata FC.
In 2006 Paruolo joined Audax Italiano in Chile before moving to Romania to play for Politehnica Iaşi.