Wales' memorable charge to the Euro 2016 semi-finals has lifted Chris Coleman's side up 15 places to 11th in the latest FIFA World Rankings published on Thursday.
Wales lost to England in Group B but went on to beat Northern Ireland and Belgium, the second best team in the world, before a 2-0 loss to Portugal.
Champion Portugal jumped two rungs to sixth with beaten finalist and host France climbing 10 spots to seventh.
England's dismal showing in France where they lost to minnows Iceland saw them slip two spots to 13th The Icelanders are now in 22nd spot, above European football heavyweights the Netherlands who failed to make the 2016 championship.
Despite losing the Copa America Centanario final to Chile Argentina retain the rankings' summit ahead of the Belgians, Colombia, Germany and Chile.
India too moved up 12 places and are now 152 on the list.
Rankings
1. Argentina
2. Belgium
3. Colombia
4. Germany
5. Chile
6. Portugal (+2)
7. France (+10)
8. Spain (-2)
9. Brazil (-2)
10. Italy (+2)
11. Wales (+15)
12. Uruguay (-3)
13. England (-2)
14. Mexico (+2)
15. Croatia (+12)
16. Poland (+11)
17. Ecuador (-4)
18. Switzerland (-3)
=19. Turkey (-1)
=19. Hungary (+1)
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