Premium
Premium statistics

Industry-specific and extensively researched technical data (partially from exclusive partnerships).

A paid subscription is required for full access.

Working time required to buy one Big Mac in selected cities around the world in 2015 (in minutes)

Exclusive Premium Statistic

Working time required to buy a Big Mac in cities worldwide 2015 This statistic shows the average working time required to buy one Big Mac in selected cities around the world in 2015. In Nairobi, the average worker had to work for about 172.6 minutes to be able to purchase a Big Mac.
The average wages garnered in select countries around the world based on purchasing power can be accessed here.

Additional information on the Big Mac Index

The Big Mac index is a tongue-in-cheek measure of purchasing power parity (PPP) created by The Economist. The index gained global attention among economists and other analysts of global economic conditions due to its relative degree of accuracy in predicting purchasing power parity among countries. In attempting to include wage differentials rankings that seek to measure how fast one can earn the money required to purchase a Big Mac incorporate average wages. In theory, the result should correlate to the ranking of average world wages adjusted for PPP.

The Big Mac index is open to criticism as it is unable to take certain factors that may result in the price of a Big Mac fluctuating between countries. For example, the hospitality industry, including McDonalds, tends to employ large numbers of people on or close to the minimum wage. This is shown by the percentage of workers paid hourly rates with earnings at or below the minimum wage in the U.S. in 2015, by industry. As a result differing levels of the minimum wage may lead McDonalds to charge a comparably higher amount for a Big Mac in that country.
Show more
1 Big Mac in minutes
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
1 Big Mac in minutes
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--

Exclusive Premium statistic

You need a Premium Account for unlimited access.

  • Full access to 1.5m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Premium Account


only $49 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$588 / Year

View price details

Exclusive Premium statistic

You need a Premium Account for unlimited access.

  • Full access to 1.5m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Premium Account


only $49 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$588 / Year

View price details

Download Settings Share
Chart type
Datalabels
Share on Social Media
Download started
Please be patient - this may take a moment
Description Source More information
This statistic shows the average working time required to buy one Big Mac in selected cities around the world in 2015. In Nairobi, the average worker had to work for about 172.6 minutes to be able to purchase a Big Mac.
The average wages garnered in select countries around the world based on purchasing power can be accessed here.

Additional information on the Big Mac Index

The Big Mac index is a tongue-in-cheek measure of purchasing power parity (PPP) created by The Economist. The index gained global attention among economists and other analysts of global economic conditions due to its relative degree of accuracy in predicting purchasing power parity among countries. In attempting to include wage differentials rankings that seek to measure how fast one can earn the money required to purchase a Big Mac incorporate average wages. In theory, the result should correlate to the ranking of average world wages adjusted for PPP.

The Big Mac index is open to criticism as it is unable to take certain factors that may result in the price of a Big Mac fluctuating between countries. For example, the hospitality industry, including McDonalds, tends to employ large numbers of people on or close to the minimum wage. This is shown by the percentage of workers paid hourly rates with earnings at or below the minimum wage in the U.S. in 2015, by industry. As a result differing levels of the minimum wage may lead McDonalds to charge a comparably higher amount for a Big Mac in that country.
Show more
Release date
September 2015
Region
Worldwide
Survey time period
2015
Supplementary notes
The data is calculated by division of the price of the product by the weighted net hourly wage in 15 professions.

More information

Statista Accounts: Access All Statistics. Starting from $588 / Year

Basic Account

Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Premium Account

Your perfect start with Statista

  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account

Full access

Corporate solution including all features.

Send request

* All products require an annual contract.
   Prices do not include sales tax
   (New York residents only).
Leading companies trust Statista:
I think of Statista as Google for researchers. Statista provides you with the information you search for right away.
Dr. Horst Stipp

Dr. Horst Stipp
EVP, Research & Innovation, Advertising Research Foundation

Statistics on "University finances in the UK"

  • Income
  • Expenditure
  • Student fees
  • Research
  • Staff costs
  • Assets
Need help with using Statista for your research? Tutorials and first steps

Further Content: Statistics, Studies, and Topic Pages

Statistics on the topic

Topics

About Statista

Learn more about how Statista can support your business.

Request webinar
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.

News