England have risen two places up to fourth in the FIFA rankings despite failing to progress past the quarter-finals at Euro 2012.
Roy Hodgson's side lost on penalties to Italy, after finishing top of Group D, ahead of France. But England have failed to reach a major competition semi-final since their 1996 loss to Germany on home soil.
FIFA's rankings are compiled on a monthly basis, and take into account match results, the importance of the matches and the ability of the opposing teams.
Five-time World Cup winners Brazil have slipped out of the top 10, and currently sit eleventh. The Samba boys have dropped five places because, as hosts of the 2014 World Cup, they have not been involved in competitive qualification matches. Instead, their games are designated friendly matches, which are judged as less important by FIFA.
Newly crowned European champions Spain remain the number one team in the world - a position they have held since their Euro 2008 triumph. The team they beat in the final this summer, Italy, have risen sixth places to sixth, while Euro 2012 semi-finalists Germany have moved up to second and Cristiano Ronaldo's Portugal are up to fifth.
Copa America winners Uruguay remain third, just ahead of England. Roy Hodgson's side begin their 2014 qualification campaign with a trip to Moldova on September 7, before they take on Group D opponents Ukraine four days later.
Do you think England deserve to be fourth? Have your say in the comment box below...