Despite finishing in fourth place at the Women's World Cup, the Matildas have slipped down a spot in the latest FIFA world rankings list, released on Friday.
Winners Spain rose to No.2 in the FIFA, with the United States falling off the top spot for the first time in more than six years.
Sweden, which lost to Spain in the semifinals, and then beat the Matildas in the third-place playoff tops the rankings.
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FIFA said Spain, which jumped four spots, would have led but for ranking points lost in a group-stage 4-0 defeat by Japan.
They also said the ranking points lost by the Matildas in their loss to Sweden was what stopped them holding steady at No.10.
The US dropped to No.3. European champion England, which lost to Spain in the final, stayed at No.4, ahead of France at No.5.
Germany dropped to sixth from second after failing to advance from the group stage at the World Cup. Germany was the last European team to lead the rankings in 2017.
Olympic champion Canada also failed to reach the knockout rounds and dropped three places to No.10.
Teams rising after impressing at the World Cup include Colombia (up three to No.22), Nigeria (up eight to No. 32), South Africa (up nine to No. 45) and Morocco (up 14 to No. 58).
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