TORONTO -- Canada has never been lower on the world soccer ladder and now finds itself looking up at such minnows as St. Kitts & Nevis, St. Vincent and the Grenadines, Haiti, and Antigua and Barbuda.

The Canadian men slipped two places to No. 122 in the October rankings released Thursday by FIFA. That tied their August nadir.

Perhaps more worrying than being sandwiched between Niger and Liberia, Canada is ranked 16th in CONCACAF regions, which covers North and Central America and the Caribbean.

Canada would seem to deserve a better billing oven its performance against Colombia in a friendly last week, losing 1-0 to the No. 3 team in the world.

But the FIFA rankings, assembled via a set formula, tell a different story.

"I think it's embarrassing, I think it's wrong," Toronto FC midfielder Dwayne de Rosario, Canada's all-time leading scorer, said of the FIFA numbers. "When you look at where we are, as a country and where we are in soccer in this country, I think we should be a lot better than that.

"To be (No.) 16 is a little bit disrespectful. I think there's no way we should be 120-and-something. But we are and we have to accept that."

The lower the ranking and the more circuitous Canada's next World Cup qualifying journey will be.

Canada's next outing is a tough friendly at No. 56 Panama in November.

"As a team, we're still developing," said the 36-year-old De Rosario. "Unfortunately we don't have a U.S. pool where we can draw players from all over, playing at high levels and top levels ... We still have unattached guys playing and guys that are playing for clubs that aren't really getting a lot of minutes. It's difficult.

"I think what Benito (Floro) has done with what he has has been good. We saw a resilient Canadian side compete against a very good Colombia team, a full Colombia team and it wasn't even our full Canadian team. But at the end of the day we lost ....Hopefully next year come Gold Cup time, we can drop our ranking by getting some wins and push through that tournament."

Canada's best ranking was No. 40, achieved in December 1996. Its average ranking is 76.281 since the ratings began in August 1993.

Elsewhere in the rankings, Belgium moved into the top four for the first time and former World Cup winner Spain dropped to 10th following a loss to Slovakia in a European Championship qualifier.

The top three positions remained the same with World Cup winner Germany first., ahead of runner-up Argentina, then Colombia. Belgium was fourth and the Netherlands fifth.

Brazil was sixth, ahead of France, Uruguay, Portugal and Spain, which slipped two places to No. 10.

England dropped from 18th to 20th, and the U.S. slipped six places to 23rd.