Three midfielders will make the final team at the Ballon d'Or Gala on January 7, 2013, when the world's finest player will be crowned.
Gerrard is on the list after having a fine Euro 2012, while Lampard is recognised for his role in Chelsea's Champions League triumph in May, despite suffering from injury this season.
Barcelona supply four players - Sergio Busquets, Cesc Fabregas, Xavi and Andres Iniesta - while Spain are also represented by Real Madrid's Xabi Alonso and Manchester City's David Silva.
Iniesta is the third favourite to be named the winner of the overall FIFA Ballon d'Or award behind forwards Cristiano Ronaldo and Lionel Messi.
Full midfield shortlist for the FIFPro World XI
Xabi Alonso (Spain, Real Madrid)
Sergio Busquets (Spain, Barcelona)
Cesc Fabregas (Spain, Barcelona)
Steven Gerrard (England, Liverpool)
Eden Hazard (Belgium, Chelsea)
Andres Iniesta (Spain, Barcelona)
Frank Lampard (England, Chelsea)
Luka Modric (Croatia, Real Madrid)
Mesut Ozil (Germany, Real Madrid)
Andrea Pirlo (Italy, Juventus)
Franck Ribery (France, Bayern Munich)
David Silva (Spain, Manchester City)
Bastian Schweinsteiger (Germany, Bayern Munich)
Yaya Toure (Ivory Coast, Manchester City)
Xavi (Spain, Barcelona)