Ghana have dropped three places in the latest Fifa ranking released for the month of July on Wednesday.
The Black Stars slipped from 33rd position to 36th ahead of next month's international friendly against rivals Nigeria in London.
The four-time African champions are now rated number three on the continent behind Ivory Coast (ranked 14th) and Egypt (ranked 34th).
A total of 88 matches were taken into account for this month's edition, almost a third of which were part of this year's Copa America, which therefore had a considerable impact on this month’s positions.
Following their 3-0 final win over Paraguay, champions Uruguay (5th, up 13) not only moved back into the top ten but also achieved their best-ever position.
Finalists Paraguay also moved up six places to 26th, while defeated semi-finalists Peru (25th, up 24) and Venezuela (40th, up 29) were the biggest movers in the top 100.
World champions Spain are still ranked number one in the world.