No items found.

The Big Mac Index

Circulated: February 18, 2020

The Big Mac index compares the average McDonald’s Big Mac hamburger price between countries. It is based on the theory of purchasing-power parity, the notion that in the long run exchange rates should move towards the rate that would equalize the price of a good in any two countries.

Most expensive:

  • Switzerland $6.71
  • Norway $5.97
  • United States $5.67
  • Sweden $5.44
  • Canada $5.18
  • Israel $4.91


Least expensive:

  • South Africa $2.15
  • Russia $2.20
  • Romania $2.21
  • Turkey $2.21
  • Malaysia $2.33
  • Azerbaijan $2.33


Burgernomics
seeks to make exchange-rate theory a bit more digestible.

Find Similar Facts

Most Shared Facts

View All Facts