The XI will be unveiled by FIFA and FIFPro during the Best FIFA Football Awards ceremony in London on September 24.
Each participating footballer should select one goalkeeper, four defenders, three midfielders and three forwards, based on players' performance between July 3, 2017 and July 15, 2018.
Forty-year-old goalkeeper Gianluigi Buffon is the oldest nominee on the list.
Gonzalo Higuain, who scored 23 times for Juventus last season in all competitions, is also not included, but Mario Mandzukic returns after a five-year absence.
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The World11 award has entered the 14th year since its inauguration by FIFPro in 2005 before being merged with Federation Internationale de Football Association in 2009.
Goalkeepers: Gianluigi Buffon (Juventus, PSG, Italy) Thibaut Courtois (Real Madrid, Belgium), David De Gea (Man Utd, Spain), Keylor Navas (Real Madrid, Costa Rica), Marc-Andre ter Stegen (Barcelona, Germany).
Others are Yerry Mina (Colombia/Everton FC/FC Barcelona), Benjamin Pavard (France/VfB Stuttgart), Gerard Pique (Spain/FC Barcelona), Sergio Ramos (Spain/Real Madrid CF), Thiago Silva (Brazil/Paris Saint-Germain), Kieran Trippier (England/Tottenham Hotspur), Samuel Umtiti (France/FC Barcelona), Virgil van Dijk (Netherlands/Liverpool FC), Raphael Varane (France/Real Madrid CF), Sime Vrsaljko (Croatia/Internazionale/Atletico Madrid), Kyle Walker (England/Manchester City FC).