Prices for a Big Mac in selected Latin American countries as of January 2018, by country (in U.S. dollars)

Latin America: Big Mac index in selected countries 2018 The statistic depicts the prices for a Big Mac in selected Latin American countries as of January 2018. The so-called Big Mac index is regarded as an indicator for the purchasing power of an economy. The average price for a Big Mac burger in Brazil was estimated at 5.1 U.S. dollars in January 2018.
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 the 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. In Latin America, McDonald's largest franchisee is Arcos Dorados Holdings, with headquarters in Montevideo, Uruguay.
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Average price in U.S. dollars
Brazil 5.1
Uruguay 4.9
Chile 4.3
Argentina 4
Costa Rica 4
Colombia 3.8
Peru 3.3
Mexico 2.6
Average price in U.S. dollars
Brazil 5.1
Uruguay 4.9
Chile 4.3
Argentina 4
Costa Rica 4
Colombia 3.8
Peru 3.3
Mexico 2.6
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Description Source More information
The statistic depicts the prices for a Big Mac in selected Latin American countries as of January 2018. The so-called Big Mac index is regarded as an indicator for the purchasing power of an economy. The average price for a Big Mac burger in Brazil was estimated at 5.1 U.S. dollars in January 2018.
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 the 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. In Latin America, McDonald's largest franchisee is Arcos Dorados Holdings, with headquarters in Montevideo, Uruguay.
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Release date
January 2018
Region
North America, Central and South America, Mexico
Survey time period
January 2018
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 it exists worldwide in standard size, composition and quality.

Values have been rounded

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