According to the latest figures from Eurostat, Austria is the fourth richest country in the EU. Gross domestic product (GDP) – measured in terms of Purchasing Power Standard – was 24% higher in Austria last year than the average across the whole EU. As in the past, Luxembourg is the Union’s richest country, with GDP per head amounting to 268% of the EU-27 average.
Joining Luxembourg ahead of Austria in the EU ranking were Ireland and the Netherlands with GDP per inhabitant of 31% and 30% above the EU average in 2009. The GDP per inhabitant of Sweden, Denmark, Great Britain, Germany and Belgium was reported as between 15% and 20% above the average.