[01] Canada
[02] Russia
[03] United States
[04] Finland
[05] Czech Rep.
[06] Sweden
[07] Slovakia
[08] Germany -- Germany or Switzerland, take your pick. Switzerland has been showing more at the youth levels but has thus far, in ample time, failed to translate that success to the senior level. Germany's marginally better senior results put them ahead for me.
[09] Switzerland -- read above.
[10] Latvia -- Consistent senior results and a decent junior program puts them firmly in 10th.
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[11] Austria -- More emphasis in youth programs has Austria rising.
[12] Belarus -- Good, but overrated. Aside from beating Sweden in the Olympics, their senior squad has been bouncing up and down between Division I and the World Championships, hardly the form needed to justify putting them in the top ten. Rising because of a good junior program but that doesn't necessarily [read: Switzerland] mean improved senior level results.
[13] Denmark -- New crop of Danish youngsters has Denmark the fastest rising of any nation. The new Switzerland ?
[14] Ukraine -- Poor infastracture and financial difficulties have caused a significant drop in the youth level talent. When the current senior team retires you could see them bouncing between Division I and the elite group.
[15] Kazakhstan -- Haven't, so far, been able to translate the late-90's U20 success into a consistent senior team.
[16] Slovenia -- Slovenian U18, U20 and WC teams were on the rise at every level in the early parts of the decade.
[17] Norway -- Decent teams but, with the exception of this year's U20 team, never seem to be able to make the jump.
[18] France -- Finally a stable French league has them making a rebound.
[19] Italy -- Wouldn't expect them back in the top 16 for a while.
[20] Japan -- Made some gains from their extended tenure in the elite group. Might be a while before they get back, though.
[21] Hungary -- Rising. You could see them consistently in the elite WC group within 5-10 years.
[22] Poland -- Same as ever.
[23] Estonia -- Slowly rising.
[24] Great Britain -- Won't get funding until they become a top 10 nation, won't become a top 10 nation until they get funding. Round and round we go.