Ireland has the fourth highest national income per head in the EU, despite being in receipt of a bailout and suffering an economic collapse.

Europe's statistical agency Eurostat has issued figures for Gross Domestic Product per head of population expressed in purchasing power standards.

Luxembourg was in top position with more than two and a half times the average.

Austria, Ireland, Sweden and Denmark were between 25% and 30% above the mean across the 27 EU member states.

Estonia, Hungry, Poland and Lithuania were between 30% and 40% below the average.

Romania and Bulgaria were the poorest countries as they were 50% and 55% below the mean respectively.