The Netherlands have slipped out of the top 10 in Fifa's ranking list for the first time in 12 years.
Louis van Gaal's side were beaten 2-0 by France in Paris last week, with the 2010 World Cup finalists looking lacklustre throughout the friendly at the Stade de France.
After a dominant performance in their qualifying group for Brazil 2014, the Dutch have failed to win any of their three games since, having also drawn with Japan and Colombia in November.
Belgium have replaced the Netherlands in the top 10 after qualifying for their first World Cup since 2002 under coach Marc Wilmots.
The top five nations remain unchanged in the rankings, with reigning world and European champions Spain continuing to lead the way, ahead of Germany, Argentina, Portugal and Colombia, while Uruguay have leapfrogged Switzerland into sixth.
Elsewhere, Egypt climbed 12 places to 26th, while Bosnia and Herzegovina - who will take part in their first World Cup this year - slipped four spots to 21st. England were another mover in the top 20, rising three places to 12th.