The Barcelona-bound 21-year-old, who will leave Santos this summer, is preparing to face Roy Hodgson's side in a friendly at the Maracana on Sunday evening.
He claims England's players are high achievers at club level but pose little threat in the international game.
And with Brazil hosting the 2014 World Cup and looking to win the tournament for a sixth time, he cannot envisage the Three Lions mounting a challenge.
Speaking in The Sun newspaper, Neymar said: "I have respect for a lot of the England players as they have achieved great things at their clubs.
"But, as a national team, I don't look at England and think they are going to be a real threat at the World Cup.
"We want to win the World Cup in front of our home fans and the two nations I look at as a real threat are Germany and Spain.
"After that it's a group including Argentina, Holland, Italy and one or two more. But England I don't even think about."
There were originally fears that Sunday's clash between England and Brazil would not go ahead after the match was officially suspended due to safety fears.
However a statement on the Rio state government website subsequently confirmed the stadium complied with "all safety rules".
The statement also confirmed the safety certificate was granted.