Spain are now sixth in the FIFA rankings, down three places, one behind World Cup winners Germany, while Argentina are top.
La Roja tumbled in the updated table as Colombia climbed four places with their recent results and Argentina supplant Belgium at the summit.
Belgium are behind the South Americans, with Chile at an all-time high of third, Colombia in fourth and Germany fifth.
Spain miss the top five but place ahead of Brazil, Portugal, Uruguay and England.
Euro 2016 opponents Turkey are 13th, up seven places, while Croatia are down to 23rd and the Czech Republic are 29th.
FIFA world rankings – top 10: