England have reached their highest ever FIFA ranking position - rising one place to third.
Roy Hodgson's side haven't kicked a ball since they last moved up two places to fourth following Euro 2012, but Uruguay have dropped out of the top three after they lost points due to the devaluation of matches from last year's Copa America.
According to FIFA, England are now the world's third best team, behind Germany and World and Euro 2012 champions Spain. And the Three Lions may have their penalty failure to thank for their rising ranking.
England didn't lose a game at Euro 2012, only exiting the competition on penalties, and their habit for penalty heartache stands them in good stead when FIFA come to calculate the wins, draws and losses for the table.
Despite their Euro 2012 quarter-final exit, England rose to fourth after the tournament, matching their highest ever ranking. But, one month on, they've gone one better, moving up into the world's top three best teams.
The ranking method takes into account results from the past four years, but gives greater weight to those matches that took place within the last 12 months.
Victories in 2009 are weighted at 20%, those in 2010 at 30%, in 2011 at 50%, and matches within the last year weighted at 100%.
As a result, Uruguay, who won last year's Copa America, briefly rose to third. But, one year removed from their triumph, their results last summer are now allocated less importance, while England's recent Euro 2012 matches are treated as more significant.
Their new ranking is an all-time high for the Three Lions since the FIFA system was introduced in 1993, but once again the calculations will come under scrutiny, as England sit ahead of Euro 2012 conquerers and eventual runners-up Italy.
Spain appropriately sit well clear of the rest of the world, and Germany - semi-finalists in Ukraine and Poland - have been among the most consistent nations in recent major tournaments.
Five-time World Cup winners Brazil have dropped even further down the table, and now lie well outside the top 10 in 13th place. Greece, Denmark, Russia and Croatia are all above Neymar and co in the rankings.
But, as hosts of the next World Cup in 2014, Brazil have not played a competitive fixture for the last few months, and their ranking is likely to slip further as they don't have to qualify for the upcoming tournament.
England swapping places with Uruguay was the only movement in the top ten from last month.
FIFA World Rankings
1 - Spain (1605 points)
2 - Germany (1474 points)
3 - England (1294 points)
4 - Uruguay (1236 points)
5 - Portugal (1213 points)
6 - Italy (1192 points)
7 - Argentina (1098 points)
8 - Netherlands (1053 points)
9 - Croatia (1050 points)
10 - Denmark (1017 points)