The midfielder has backed the France international for the prize following Bayern Munich's treble-winning season and admits AC Milan have not been good enough in Serie A
The Portugal international and the Frenchman are two of the main favourites to win the prestigious individual award, alongside last year's winner Lionel Messi and Paris Saint-Germain striker Zlatan Ibrahimovic, but Montolivo feels Ribery's trophy haul with Bayern last season should make the difference.
"Ribery deserves the Ballon d'Or," Montolivo was quoted as saying on the official Milan website.
"Cristiano Ronaldo might deserve it too as he has been playing well, but Ribery has won the treble so he should win it."
The midfielder then went on to discuss Milan's performances so far this season and admitted that they must look to replicate their Champions League form in Serie A.
"We are not in top form in the league but we are doing well in the Champions League," added the Italy international.
"We have to do our talking on the pitch and we will look to bounce back on Saturday."
Milan take on Genoa at San Siro on Saturday.