Among the other notable changes in the rankings, Samoa have climbed from seventh to fourth on the back of their impressive Four Nations debut and Scotland have moved into the top eight at the expense of Wales after winning the 2014 European Championships.
The positions are calculated using a formula which takes into account not just results but the rankings of opponents.
While covering results over a five-year period, it adds greater weight to recent fixtures.
Samoa coach Matt Parish said: "I am very proud of our efforts over the past 12 months and it is a just reward for the time and effort put in by the players and management.
"I have no doubt that with the team I have on board now and more international games, that Samoa can beat one of the top three nations in the next three years, provided we get the necessary support."
Rugby League World Rankings (previous positions in brackets):
1. Australia (1)
2. New Zealand (2)
3. England (3)
4. Samoa (7)
5. France (4)
6. Fiji (5)
7. Ireland (10)
8. Scotland (11)
9. Wales (6)
10. USA (9)
11. Papua New Guinea (8)
12. Italy (12)