(CNN) -- Cristiano Ronaldo, Lionel Messi and Franck Ribery will battle it out for the FIFA Ballon d'Or, football's most prestigious individual accolade.
Global governing body FIFA whittled down the initial 23-man list to a final shortlist of three players, with the winner set to be announced during the annual Ballon d'Or gala in Zurich on January 13.
Barcelona and Argentina No. 10 Messi is hoping to be crowned the world's leading player for a record fifth year in a row, but he faces stiff competition from Real Madrid's Ronaldo.
Portugal captain Ronaldo is the favorite to clinch the award for the second time in his career, having previously won it as a Manchester United player in 2008, after a year which has seen him outscore Messi while also firing his country to next year's World Cup in Brazil.
France's Ribery was a key player in the Bayern Munich team which won a European Champions League, Bundesliga and German Cup treble in 2013.
FIFA also announced the three men in the running for the coach of the year accolade.
Former Manchester United manager Alex Ferguson is nominated for guiding the Old Trafford club to a record 20th English championship.
The Scot called time on his glittering 26-year reign at United in May.
Jupp Heynckes also stepped aside at the end of last season after leading Bayern to an historic treble.
The German veteran is nominated alongside Jurgen Klopp, whose Borussia Dortmund team lost to Heynckes' Bayern in the Champions League final but won many admirers with their vibrant, attacking football.
The world's leading female player will also be crowned. Brazilian star Marta is once again nominated for the award having won it five years in a row between 2006 and 2010.
Germany goalkeeper Nadine Angerer saved two penalties in a 1-0 win over Norway in the final of Euro 2013, with American Abby Wambach completing the shortlist after becoming the leading goalscorer in international football history.