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Latin America: Big Mac index in Colombia 2019
Prices for a Big Mac in Colombia from 2010 to 2019 (in U.S. dollars)
The statistic depicts the prices for a Big Mac in Colombia from 2010 to 2019. 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 Colombia was estimated at 3.73 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 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.
Prices for a Big Mac in Colombia from 2010 to 2019 (in U.S. dollars)
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The statistic depicts the prices for a Big Mac in Colombia from 2010 to 2019. 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 Colombia was estimated at 3.73 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 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.
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 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 2019
- Region
- Colombia, Central and South America
- Survey time period
- 2010 to 2019*
- Supplementary notes
-
* As of January of each year, except from 2011 (price as of July).
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.
Source
- Show sources information
- Show publisher information
- Release date
- January 2019
More information
- Region
- Colombia, Central and South America
- Survey time period
- 2010 to 2019*
- Supplementary notes
-
* As of January of each year, except from 2011 (price as of July).
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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Statistics on "Quick service restaurant brands: McDonald's"
- Overview
The most important statistics
- Leading companies worldwide in 2018, by brand value (in billion U.S. dollars)Brand value of the most valuable companies worldwide in 2018
- Brand value of the 10 most valuable fast food brands worldwide in 2018 (in million U.S. dollars)Most valuable fast food brands worldwide in 2018
- McDonald's global brand value from 2006 to 2018 (in billion U.S. dollars)McDonald's: brand value 2006-2018
- Sales of the leading chain restaurants in the United States in 2017 (in billion U.S. dollars)Sales of the leading chain restaurants in the U.S. in 2017
- Leading quick-service restaurant (QSR) chains in the United States in 2017, by systemwide sales (in billion U.S. dollars)Leading quick-service restaurant chains in the U.S. in 2017, by systemwide sales
- Leading quick-service restaurant (QSR) chains in the United States in 2017, by sales per unit (in million U.S. dollars)Leading quick-service restaurant chains in the U.S. in 2017, by sales per unit
- Leading quick service restaurant (QSR) chains in the United States in 2017, by number of units Leading quick service restaurant chains in the U.S. in 2017, by number of units
- Advertising spending
The most important statistics
- Advertising spending of selected restaurant chains in the United States in 2017 (in million U.S. dollars)Ad spend of selected restaurants in the U.S. 2017
- McDonald's Corporation's advertising costs from 2014 to 2018 (in million U.S. dollars)McDonald's: ad spend 2014-2018
- McDonald's Corporation advertising spending in the United States from 2009 to 2017 (in billion U.S. dollars)McDonald's: ad spend in the U.S. 2009-2017
- Advertising spending of McDonald's in Brazil in 1st half of 2016 and 2017 (in million Brazilian reals)Brazil: McDonald's advertising spending 2016-2017
- Consumer behavior
The most important statistics
- Share of Americans who visited McDonald's in the past 3 months in 2018, by ageShare of Americans who visited McDonald's 2018, by age
- American customer satisfaction index scores for limited-service restaurant chains in the United States from 2006 to 2018*American customer satisfaction index: limited-service restaurants U.S. 2006-2018
- American customer satisfaction index scores of McDonald's restaurants in the United States from 2000 to 2018*American customer satisfaction index: McDonald's restaurants in the U.S. 2000-2018
- Service attributes in McDonald's drive-thrus in the United States as of October 2018Service attributes in McDonald's drive-thrus in the U.S. as of October 2018
- Frequency of eating at McDonald's among millennials in Germany in 2018, compared to the populationFrequency of eating at McDonald's among millennials Germany 2018
- Share of consumers who eat McDonald's in an average six months across Australia as at March 2018, by generationShare of consumers who eat McDonalds in Australia 2018 by generation
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- Big Mac
- Big Mac index
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Further Content: Statistics, Studies, and Topic Pages
Statistics
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- Latin America: Big Mac index in Uruguay 2019
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- Latin America: Big Mac index in Costa Rica 2019
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- Latin America: Big Mac index in selected countries 2019
- Latin America: Big Mac index in Mexico 2019
- Latin America: Big Mac index in Argentina 2019
- Inflation rate in the countries of the Arab world 2017
- Inflation rate in the Association of Caribbean States 2017
- Inflation rate in Taiwan 2022
- Inflation rate in São Tomé and Príncipe 2022
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Statistics on "Quick service restaurant brands: McDonald's"
- Leading companies worldwide in 2018, by brand value (in billion U.S. dollars)
- Brand value of the 10 most valuable fast food brands worldwide in 2018 (in million U.S. dollars)
- McDonald's global brand value from 2006 to 2018 (in billion U.S. dollars)
- Sales of the leading chain restaurants in the United States in 2017 (in billion U.S. dollars)
- Leading quick-service restaurant (QSR) chains in the United States in 2017, by systemwide sales (in billion U.S. dollars)
- Leading quick-service restaurant (QSR) chains in the United States in 2017, by sales per unit (in million U.S. dollars)
- Leading quick service restaurant (QSR) chains in the United States in 2017, by number of units
- Advertising spending of selected restaurant chains in the United States in 2017 (in million U.S. dollars)
- McDonald's Corporation's advertising costs from 2014 to 2018 (in million U.S. dollars)
- McDonald's Corporation advertising spending in the United States from 2009 to 2017 (in billion U.S. dollars)
- Advertising spending of McDonald's in Brazil in 1st half of 2016 and 2017 (in million Brazilian reals)
- Share of Americans who visited McDonald's in the past 3 months in 2018, by age
- American customer satisfaction index scores for limited-service restaurant chains in the United States from 2006 to 2018*
- American customer satisfaction index scores of McDonald's restaurants in the United States from 2000 to 2018*
- Service attributes in McDonald's drive-thrus in the United States as of October 2018
- Frequency of eating at McDonald's among millennials in Germany in 2018, compared to the population
- Share of consumers who eat McDonald's in an average six months across Australia as at March 2018, by generation
- Prices for a Big Mac in Brazil from 2010 to 2019 (in U.S. dollars)
- Prices for a Big Mac in Uruguay from 2010 to 2019 (in U.S. dollars)
- Prices for a Big Mac in Chile from 2010 to 2019 (in U.S. dollars)
- Prices for a Big Mac in Costa Rica from 2010 to 2019 (in U.S. dollars)
- Prices for a Big Mac in Peru from 2010 to 2019 (in U.S. dollars)
- Prices for a Big Mac in selected Latin American countries as of January 2019, by country (in U.S. dollars)
- Prices for a Big Mac in Mexico from 2010 to 2019 (in U.S. dollars)
- Prices for a Big Mac in Argentina from 2010 to 2019 (in U.S. dollars)
- Arab world: Inflation rate in 2017 (compared to the previous year), by country
- Association of Caribbean States: Inflation rate in 2017, by country (compared to the previous year)
- Taiwan: Inflation rate from 2012 to 2022 (compared to the previous year)
- São Tomé and Príncipe: Inflation rate from 2012 to 2022 (compared to the previous year)
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