After announcing the Test team rankings recently, the ICC has now announced the ODI and T20 rankings. 

Australia and New Zealand have retained the top two positions on the ICC ODI Team Rankings following the annual update. Both teams contested in the final of the ICC Cricket World Cup 2015.

Australia, which won its fifth World Cup title in last year, now has 124 points after dropping two points to lead New Zealand by 11 points. 

South Africa has swapped places with India to move into third position, while the West Indies has exchanged places with Pakistan to push them out of the top 8.

The following are the ODI rankings:
1)    Australia – 124
2)    New Zealand – 113
3)    South Africa – 112
4)    India – 109
5)    Sri Lanka – 104
6)    England – 103
7)    Bangladesh – 98
8)    West Indies – 88
9)    Pakistan – 87
10)  Afghanistan – 51
11)  Zimbabwe – 47
12)  Ireland – 42

In the T20I rankings, ICC World Twenty20 2016 semi-finalist New Zealand has risen to the top of the chart to claim the number-one position for the first time. 

New Zealand has gained 12 points following the annual update and as a result has jumped two places to tie India on 132 points. However, when the ratings are calculated beyond the decimal point, then New Zealand is ahead of India by +0.21. 

ICC World Twenty20 2016 champion West Indies has slipped to third after conceding three points. The West Indies now leads fourth-ranked South Africa by three points, followed by England.

The following are the T20 rankings:
1)    New Zealand – 132
2)    India – 132
3)    West Indies – 122
4)    South Africa – 119
5)    England – 114
6)    Australia – 110
7)    Pakistan – 104
8)   Sri Lanka – 98
9)   Afghanistan – 78
10)  Bangladesh – 74