Big Mac index - global prices for a Big Mac 2019
Global prices for a Big Mac in January 2019, by country (in U.S. dollars)
The statistic depicts the so-called Big Mac index in 2019. The index is regarded as an indicator for the purchasing power of an economy. The average price for a Big Mac burger in Switzerland was 6.62 U.S. dollars in January 2019.Big Mac Index
The Bic Mac index has been published annually by The Economist since 1986 and is rated as a simplified indicator of a country’s individual purchasing power.
As many countries have different currencies, the standardized Big Mac prices are calculated by converting the average national Big Mac prices with the latest exchange rate to U.S. dollars.
The Big Mac, as a top-selling McDonald’s burger, is used for comparison because it is available in almost every country and manufactured in a standardized size, composition and quality. McDonald’s is a worldwide operating fast food restaurant chain with headquarters in Oak Brook, Illinois. Its global revenue amounted to about 21.03 billion U.S. dollars in 2018. Most McDonald restaurants are spread across the United States.
Global prices for a Big Mac in January 2019, by country (in U.S. dollars)
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| Average price in U.S. dollars | |
|---|---|
| Switzerland | 6.62 |
| Norway | 5.86 |
| Sweden | 5.84 |
| United States | 5.58 |
| Canada | 5.08 |
| Euro area | 4.64 |
| Denmark | 4.6 |
| Israel | 4.58 |
| Brazil | 4.55 |
| Australia | 4.35 |
| Lebanon | 4.31 |
| Uruguay | 4.31 |
| Singapore | 4.28 |
| New Zealand | 4.19 |
| Britain | 4.07 |
| South Korea | 4.02 |
| Chile | 3.89 |
| United Arab Emirates | 3.81 |
| Czech Republic | 3.81 |
| Costa Rica | 3.77 |
| Colombia | 3.73 |
| Thailand | 3.72 |
| Japan | 3.6 |
| Honduras | 3.49 |
| Kuwait | 3.46 |
| Pakistan | 3.31 |
| Qatar | 3.3 |
| Croatia | 3.24 |
| Guatemala | 3.23 |
| Saudi Arabia | 3.2 |
| Bahrain | 3.18 |
| Nicaragua | 3.18 |
| Sri Lanka | 3.18 |
| Peru | 3.14 |
| China | 3.05 |
| Hungary | 3.03 |
| Vietnam | 2.8 |
| Poland | 2.8 |
| Jordan | 2.75 |
| Oman | 2.73 |
| Philippines | 2.67 |
| India | 2.55 |
| Hong Kong | 2.55 |
| Mexico | 2.54 |
| Indonesia | 2.34 |
| Azerbaijan | 2.33 |
| Moldova | 2.32 |
| Romania | 2.29 |
| Taiwan | 2.24 |
| South Africa | 2.24 |
| Egypt | 2.23 |
| Malaysia | 2.2 |
| Argentina | 2 |
| Turkey | 2 |
| Ukraine | 1.94 |
| Russia | 1.65 |
| Average price in U.S. dollars | |
|---|---|
| Switzerland | 6.62 |
| Norway | 5.86 |
| Sweden | 5.84 |
| United States | 5.58 |
| Canada | 5.08 |
| Euro area | 4.64 |
| Denmark | 4.6 |
| Israel | 4.58 |
| Brazil | 4.55 |
| Australia | 4.35 |
| Lebanon | 4.31 |
| Uruguay | 4.31 |
| Singapore | 4.28 |
| New Zealand | 4.19 |
| Britain | 4.07 |
| South Korea | 4.02 |
| Chile | 3.89 |
| United Arab Emirates | 3.81 |
| Czech Republic | 3.81 |
| Costa Rica | 3.77 |
| Colombia | 3.73 |
| Thailand | 3.72 |
| Japan | 3.6 |
| Honduras | 3.49 |
| Kuwait | 3.46 |
| Pakistan | 3.31 |
| Qatar | 3.3 |
| Croatia | 3.24 |
| Guatemala | 3.23 |
| Saudi Arabia | 3.2 |
| Bahrain | 3.18 |
| Nicaragua | 3.18 |
| Sri Lanka | 3.18 |
| Peru | 3.14 |
| China | 3.05 |
| Hungary | 3.03 |
| Vietnam | 2.8 |
| Poland | 2.8 |
| Jordan | 2.75 |
| Oman | 2.73 |
| Philippines | 2.67 |
| India | 2.55 |
| Hong Kong | 2.55 |
| Mexico | 2.54 |
| Indonesia | 2.34 |
| Azerbaijan | 2.33 |
| Moldova | 2.32 |
| Romania | 2.29 |
| Taiwan | 2.24 |
| South Africa | 2.24 |
| Egypt | 2.23 |
| Malaysia | 2.2 |
| Argentina | 2 |
| Turkey | 2 |
| Ukraine | 1.94 |
| Russia | 1.65 |
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The statistic depicts the so-called Big Mac index in 2019. The index is regarded as an indicator for the purchasing power of an economy. The average price for a Big Mac burger in Switzerland was 6.62 U.S. dollars in January 2019.
Big Mac Index
The Bic Mac index has been published annually by The Economist since 1986 and is rated as a simplified indicator of a country’s individual purchasing power.
As many countries have different currencies, the standardized Big Mac prices are calculated by converting the average national Big Mac prices with the latest exchange rate to U.S. dollars.
The Big Mac, as a top-selling McDonald’s burger, is used for comparison because it is available in almost every country and manufactured in a standardized size, composition and quality. McDonald’s is a worldwide operating fast food restaurant chain with headquarters in Oak Brook, Illinois. Its global revenue amounted to about 21.03 billion U.S. dollars in 2018. Most McDonald restaurants are spread across the United States.
Show moreBig Mac Index
The Bic Mac index has been published annually by The Economist since 1986 and is rated as a simplified indicator of a country’s individual purchasing power.
As many countries have different currencies, the standardized Big Mac prices are calculated by converting the average national Big Mac prices with the latest exchange rate to U.S. dollars.
The Big Mac, as a top-selling McDonald’s burger, is used for comparison because it is available in almost every country and manufactured in a standardized size, composition and quality. McDonald’s is a worldwide operating fast food restaurant chain with headquarters in Oak Brook, Illinois. Its global revenue amounted to about 21.03 billion U.S. dollars in 2018. Most McDonald restaurants are spread across the United States.
- Show sources information
- Show publisher information
- Release date
- January 2019
- Region
- Worldwide
- Survey time period
- January 2019
- Supplementary notes
- The Big Mac index is a way of measuring Purchasing Power Parity (PPP) between different countries. By diverting the average national Big Mac prices to U.S. dollars, the same goods can be informally compared. The Big Mac can also be a good indicator for the individual purchasing power of an economy since he exists worldwide in standard size, composition and quality.
Source
- Show sources information
- Show publisher information
- Release date
- January 2019
More information
- Region
- Worldwide
- Survey time period
- January 2019
- Supplementary notes
- The Big Mac index is a way of measuring Purchasing Power Parity (PPP) between different countries. By diverting the average national Big Mac prices to U.S. dollars, the same goods can be informally compared. The Big Mac can also be a good indicator for the individual purchasing power of an economy since he exists worldwide in standard size, composition and quality.
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