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Published 10:04 9 Feb 2017 GMT
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Northern Ireland have dropped three places to 35th, England are still 13th and Scotland are in 67th place, below Benin and Honduras.
Wales, Ireland's opponents for a World Cup qualifier at the Aviva next month, remain in 12th place.
When O'Neill became Ireland manager in November 2013, the country was in 59th place and would drop to 70th the following summer.
However, impressive wins over Germany, Italy and Austria in recent years has seen Ireland shoot up the rankings.
Ireland's highest ever ranking was 6th in 1993.Football

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