With the end of the Polynesian and Melanesian Cups between the 2000 and 2002 tournaments, (the two competitions formerly served a secondary function as qualifiers for the Oceania Nations Cup), a new format was created to decide the teams which would be accepted for the Nations Cup. Retaining their round-robin group qualifier style, the OFC this time chose to adopt the FIFA rankings to order all the entrants. With New Caledonia not yet a FIFA member, they were placed last by default. The lowest six teams were then made to compete for two places via a round-robin group stage, with the highest-placed two teams qualifying for the Oceania Nations Cup.
The Rankings of all the teams involved in the OFC Nations Cup are below. The positions were taken as of October, 2001, with the eleven ranked teams appearing in the following order:
Before the first group stage began, the Cook Islands withdrew, resulting in the group stage being played between only five nations.