Italy dropped down a place in the Men’s FIFA World Rankings to seventh, despite a strong start to the Nations League campaign.
The Azzurri were crowned Champions of Europe less than a year ago, in July 2021, but then also failed to qualify for the 2022 World Cup in Qatar.
There was an uptick in performances and results in the Nations League, beating Hungary along with draws against Germany and England, before their 5-2 defeat to Die Mannschaft.
FIFA released the latest World Rankings and Italy have fallen one place down to seventh, leapfrogged in the list by Spain.
Brazil remain on top, ahead of Belgium, Argentina, France, England, Spain and Italy.
The top 10 is completed by the Netherlands, Portugal and Denmark.