Another approach than by the FIFA Ranking. The rating of the teams calculated based on the strength of the clubs (CSI)
CSI Ranking Table
Team CSI FIFA Ranking
1 Spain ESP 🇪🇸 1,833 10
2 Germany GER 🇩🇪 1,741 1
3 Brazil BRA 🇧🇷 1,732 2
4 France FRA 🇫🇷 1,693 7
5 Argentina ARG 🇦🇷 1,544 5
6 England ENG 🏴 1,491 12
7 Belgium BEL 🇧🇪 1,488 3
8 Croatia CRO 🇭🇷 1,440 20
9 Portugal POR 🇵🇹 1,353 4
10 Uruguay URU 🇺🇾 1,348 14
11 Colombia COL 🇨🇴 1,312 16
12 Switzerland SUI 🇨🇭 1,280 6
13 Poland POL 🇵🇱 1,239 8
14 Russia RUS 🇷🇺 1,234 70
15 Denmark DEN 🇩🇰 1,167 12
16 Serbia SRB 🇷🇸 1,153 34
17 Morocco MAR 🇲🇦 1,148 41
18 Mexico MEX 🇲🇽 1,147 15
19 Nigeria NGA 🇳🇬 1,042 48
20 Senegal SEN 🇸🇳 1,017 27
21 Sweden SWE 🇸🇪 0,968 24
22 Japan JPN 🇯🇵 0,966 61
23 Costa Rica CRC 🇨🇷 0,908 23
24 Saudi Arabia KSA 🇸🇦 0,892 67
25 Iceland ISL 🇮🇸 0,852 22
26 Egypt EGY 🇪🇬 0,845 45
27 Tunisia TUN 🇹🇳 0,839 21
28 Australia AUS 🇦🇺 0,766 36
29 Iran IRN 🇮🇷 0,760 37
30 Peru PER 🇵🇪 0,735 11
31 South Korea KOR 🇰🇷 0,641 57
32 Panama PAN 🇵🇦 0,625 55
About CSI read here.