Australia improved their rating from 113 to 118 following the annual update, maintaining a slender lead over Pakistan (116 points) and India (115 points).
Using the #IDeclare hashtag, the ICC is urging cricket fans worldwide to show what they can do to "further promote gender equality and further empower women and girls through cricket."
Azam might have played only six ODIs in 2021, but he made vital contributions in the two series that Pakistan played this year, scoring 405 runs in six matches at an average of 67.50 with two centuries.
"He especially had a year to remember in Tests and T20Is, reaching his peak during the ICC Men's T20 World Cup in UAE where he impressed one and all with his sheer speed and skills," the ICC said in a statement.
Fast bowler Shaheen Afridi was named men's cricketer of the year, while his teammates Babar Azam and Mohammad Rizwan were declared the ODI and T20I cricketers of year respectively. Fatima Sana won the emerging women's cricketer of the year award.
The Pakistani skipper, who ruled the rankings for more than 1,000 days, dropped to the second position with 794 points due to lacklustre performance in the ongoing Asia Cup 2022. Rizwan has been in sublime form in the Asia Cup, leading the run charts with 192 runs in three matches.
As per innings taken to reach 10,000 runs, Babar is fifth fastest batter to reach the mark in 228 innings after Richards (206 innings), Amla (217 innings), Lara (220 innings) and Root (222 innings).
Tuba is the first female player from Pakistan to win the ICC Women's Player of the Month award. The 21-year-old was instrumental in restricting scores set by Sri Lanka and was eventually adjudged as the player of the series, taking five wickets.
Tuba Hassan, in her first outing on the international stage, against Sri Lanka, took home the 'Player of the Series' award after finishing as her side's highest wicket-taker.