Australia, who started the series as the fifth best nation, leapfrogged Sri Lanka by one ratings point into fourth position.
Australia have retained the Warne-Muralitharan trophy after the third Test against Sri Lanka in Colombo meandered to a draw on Tuesday.
A Phil Hughes century helped Australia to 209 for 3 at stumps on day four of the third and final Test against Sri Lanka in Colombo.
Sri Lanka have dominated after tea on day three of the third Test, reaching 428 for six at stump on day three and taking a first innings lead in Colombo.
Sri Lanka hold the upper hand after day two of the second Test against Australia in Colombo as the hosts reached 166 for two at stumps on Saturday.
The third and final Test between Australia and Sri Lanka in Colombo is evenly poised after day one, with the tourists reaching stumps at 235 for five.
Sri Lanka have won the toss and decided to bowl in the third and final Test against Australia in Colombo.
Australia have left out injured pacer Ryan Harris and batsman Usman Khawaja for the third and final Test against Sri Lanka starting in Colombo on Friday.
Australia and Sri Lanka have played out a drawn second Test after rain cut short the match in the afternoon session on day five in Kandy on Monday.
Sri Lanka, trailing by 237 runs in the first innings, were 223/2 in their second knock at stumps on the fourth day of the second Test against Australia.