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The Socceroos have been on a steady decline in the rankings since last year's World Cup and their pre-Asian Cup performance saw them slide further down to 49th place.

These latest rankings don't take into consideration the draw with Oman (ranked 76th) and defeat against Iraq (ranked 80th) at the Asian Cup.

Unless Australia go on to beat Japan (ranked 36th), they could be ranked alongside teams like Angola (55th) and Panama (57th).

Elesewhere England have dropped out of the top 10 for the first time since September 2005 and are now ranked 12th.

The drop means Steve McClaren's side have fallen to their lowest placing since June 2004 when they were 13th under Sven-Goran Eriksson.

England have not played since the last rankings were announced but have dropped four places from their position of eighth in June.

Holland, Croatia, the Czech Republic and Mexico, who have leaped 16 places, have all overtaken McClaren's team.

Brazil and Argentina have both benefited from their surge to the final of the Copa America, with Dunga's side moving up two places to assume top spot following their victory in the competition and Argentina rising to second.

Italy, who Brazil replaced in first place, are now in third, while World Cup runners-up France also drop two spots to fourth.

Elsewhere, Scotland (22nd) Northern Ireland (28th) and Wales (74th) have all moved up a place but the Republic of Ireland have slipped from 38th to 39th.

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