Big Mac Index by Country

Last updated November 24, 2024

Big Mac Index by Country
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Big Mac IndexQuestion Mark
1.SwitzerlandSwitzerland30.33%
2.NorwayNorway21.63%
3.UruguayUruguay18.15%
4.SwedenSweden8.53%
5.CanadaCanada1.97%
6.United StatesUnited States0%
7.LebanonLebanon-1.40%
8.IsraelIsrael-3.97%
9.United Arab EmiratesUnited Arab Emirates-4.84%
10.AndorraAndorra-7.47%
11.AustriaAustria-7.47%
12.BelgiumBelgium-7.47%
13.CyprusCyprus-7.47%
14.EstoniaEstonia-7.47%
15.FinlandFinland-7.47%
16.FranceFrance-7.47%
17.GermanyGermany-7.47%
18.GreeceGreece-7.47%
19.IrelandIreland-7.47%
20.ItalyItaly-7.47%
21.LatviaLatvia-7.47%
22.LithuaniaLithuania-7.47%
23.LuxembourgLuxembourg-7.47%
24.MaltaMalta-7.47%
25.MonacoMonaco-7.47%
26.NetherlandsNetherlands-7.47%
27.PortugalPortugal-7.47%
28.Saint Pierre and MiquelonSaint Pierre and Miquelon-7.47%
29.Saint BarthelemySaint Barthelemy-7.47%
30.San MarinoSan Marino-7.47%
31.SlovakiaSlovakia-7.47%
32.SloveniaSlovenia-7.47%
33.SpainSpain-7.47%
34.Vatican CityVatican City-7.47%
35.AustraliaAustralia-10.18%
36.ArgentinaArgentina-11.27%
37.Saudi ArabiaSaudi Arabia-12.09%
38.United KingdomUnited Kingdom-13.79%
39.New ZealandNew Zealand-14.04%
40.BrazilBrazil-17.53%
41.BahrainBahrain-17.59%
42.SingaporeSingapore-17.66%
43.KuwaitKuwait-17.88%
44.Czech RepublicCzech Republic-22.88%
45.Costa RicaCosta Rica-24.12%
46.NicaraguaNicaragua-24.80%
47.Sri LankaSri Lanka-27.72%
48.OmanOman-28.38%
49.CroatiaCroatia-28.46%
50.ChileChile-28.89%
51.HondurasHonduras-29.79%
52.PolandPoland-30.32%
53.PeruPeru-30.67%
54.QatarQatar-30.69%
55.ChinaChina-30.93%
56.South KoreaSouth Korea-32%
57.ThailandThailand-32.12%
58.ColombiaColombia-32.41%
59.MexicoMexico-33.41%
60.GuatemalaGuatemala-34.67%
61.JordanJordan-37.11%
62.PakistanPakistan-38.71%
63.MoldovaMoldova-39.63%
64.VietnamVietnam-42.79%
65.JapanJapan-45.07%
66.AzerbaijanAzerbaijan-46.26%
67.PhilippinesPhilippines-46.51%
68.Hong KongHong Kong-48.06%
69.TurkeyTurkey-48.04%
70.HungaryHungary-48.59%
71.TaiwanTaiwan-51.31%
72.MalaysiaMalaysia-52.44%
73.EgyptEgypt-52.85%
74.IndiaIndia-53.61%
75.IndonesiaIndonesia-54.62%
76.South AfricaSouth Africa-54.52%
77.RomaniaRomania-55.70%
78.VenezuelaVenezuela-65.77%

Introduction

The Big Mac Index, a measure of comparing the purchasing power parity (PPP) between countries, has been serving as a unique lens to understand the world economy. Utilizing the price of McDonald's ubiquitous Big Mac hamburger, this index offers a digestible perspective on the economic standing of nations across the globe.

The humble Big Mac helps us reveal economic disparities, reflecting the cost of living, labor cost, and economic health among the countries.

  • Switzerland topped the Big Mac Index with a score of 30.33%, leading it to be the most "expensive" country.
  • In contrast, Venezuela sits at the bottom of the list at -65.77%. This indicates that the country's currency is significantly undervalued, resulting in cheaper goods and services relative to other countries.
  • Countries like the United States, Canada, and Lebanon are at the median, with respective scores of 0%, 1.97%, and -1.40%.
  • High-income and high cost of living countries such as Norway and Sweden have positive index scores of 21.63% and 8.53%, respectively. This suggests the higher purchasing prices in these countries compared to the US, the baseline.
  • Interestingly, many countries, spanning from Andorra to Vatican City, have identical scores of -7.47%, indicating that these economies have a similar cost of living when normalized to the price of a Big Mac.

By Region

Andorra

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Ranked in World

#10

Argentina

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Ranked in World

#36

Australia

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Ranked in World

#35

Austria

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Ranked in World

#11

Azerbaijan

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Ranked in World

#66

Bahrain

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Ranked in World

#41

Belgium

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Ranked in World

#12

Brazil

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Ranked in World

#40

Canada

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Ranked in World

#5

Chile

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Ranked in World

#50

China

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Ranked in World

#55

Colombia

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Ranked in World

#58

Costa Rica

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Ranked in World

#45

Croatia

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Ranked in World

#49

Cyprus

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Ranked in World

#13

Czech Republic

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Ranked in World

#44

Egypt

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Ranked in World

#73

Estonia

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Ranked in World

#14

Finland

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Ranked in World

#15

France

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Ranked in World

#16

Germany

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Ranked in World

#17

Greece

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Ranked in World

#18

Guatemala

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Ranked in World

#60

Honduras

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Ranked in World

#51

Hong Kong

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Ranked in World

#68

Hungary

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Ranked in World

#70

India

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Ranked in World

#74

Indonesia

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Ranked in World

#75

Ireland

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Ranked in World

#19

Israel

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Ranked in World

#8

Italy

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Ranked in World

#20

Japan

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Ranked in World

#65

Jordan

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Ranked in World

#61

Kuwait

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Ranked in World

#43

Latvia

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Ranked in World

#21

Lebanon

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Ranked in World

#7

Lithuania

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Ranked in World

#22

Luxembourg

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Ranked in World

#23

Malaysia

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Ranked in World

#72

Malta

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Ranked in World

#24

Mexico

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Ranked in World

#59

Moldova

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Ranked in World

#63

Monaco

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Ranked in World

#25

Netherlands

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Ranked in World

#26

New Zealand

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Ranked in World

#39

Nicaragua

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Ranked in World

#46

Norway

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Ranked in World

#2

Oman

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Ranked in World

#48

Pakistan

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Ranked in World

#62

Peru

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Ranked in World

#53

Philippines

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Ranked in World

#67

Poland

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Ranked in World

#52

Portugal

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Ranked in World

#27

Qatar

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Ranked in World

#54

Romania

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Ranked in World

#77

Saint Barthelemy

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Ranked in World

#29

Saint Pierre and Miquelon

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Ranked in World

#28

San Marino

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Ranked in World

#30

Saudi Arabia

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Ranked in World

#37

Singapore

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Ranked in World

#42

Slovakia

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Ranked in World

#31

Slovenia

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Ranked in World

#32

South Africa

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Ranked in World

#76

South Korea

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Ranked in World

#56

Spain

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Ranked in World

#33

Sri Lanka

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Ranked in World

#47

Sweden

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Ranked in World

#4

Switzerland

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Ranked in World

#1

Taiwan

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Ranked in World

#71

Thailand

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Ranked in World

#57

Turkey

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Ranked in World

#69

United Arab Emirates

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Ranked in World

#9

United Kingdom

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Ranked in World

#38

United States

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Ranked in World

#6

Uruguay

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Ranked in World

#3

Vatican City

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Ranked in World

#34

Venezuela

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Ranked in World

#78

Vietnam

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Ranked in World

#64

Table

Region ↕Big Mac Index by Country↕
Andorra iconAndorra-7.47%
Argentina iconArgentina-11.27%
Australia iconAustralia-10.18%
Austria iconAustria-7.47%
Azerbaijan iconAzerbaijan-46.26%
Bahrain iconBahrain-17.59%
Belgium iconBelgium-7.47%
Brazil iconBrazil-17.53%
Canada iconCanada1.97%
Chile iconChile-28.89%
China iconChina-30.93%
Colombia iconColombia-32.41%
Costa Rica iconCosta Rica-24.12%
Croatia iconCroatia-28.46%
Cyprus iconCyprus-7.47%
Czech Republic iconCzech Republic-22.88%
Egypt iconEgypt-52.85%
Estonia iconEstonia-7.47%
Finland iconFinland-7.47%
France iconFrance-7.47%
Germany iconGermany-7.47%
Greece iconGreece-7.47%
Guatemala iconGuatemala-34.67%
Honduras iconHonduras-29.79%
Hong Kong iconHong Kong-48.06%
Hungary iconHungary-48.59%
India iconIndia-53.61%
Indonesia iconIndonesia-54.62%
Ireland iconIreland-7.47%
Israel iconIsrael-3.97%
Italy iconItaly-7.47%
Japan iconJapan-45.07%
Jordan iconJordan-37.11%
Kuwait iconKuwait-17.88%
Latvia iconLatvia-7.47%
Lebanon iconLebanon-1.40%
Lithuania iconLithuania-7.47%
Luxembourg iconLuxembourg-7.47%
Malaysia iconMalaysia-52.44%
Malta iconMalta-7.47%
Mexico iconMexico-33.41%
Moldova iconMoldova-39.63%
Monaco iconMonaco-7.47%
Netherlands iconNetherlands-7.47%
New Zealand iconNew Zealand-14.04%
Nicaragua iconNicaragua-24.80%
Norway iconNorway21.63%
Oman iconOman-28.38%
Pakistan iconPakistan-38.71%
Peru iconPeru-30.67%
Philippines iconPhilippines-46.51%
Poland iconPoland-30.32%
Portugal iconPortugal-7.47%
Qatar iconQatar-30.69%
Romania iconRomania-55.70%
Saint Barthelemy iconSaint Barthelemy-7.47%
Saint Pierre and Miquelon iconSaint Pierre and Miquelon-7.47%
San Marino iconSan Marino-7.47%
Saudi Arabia iconSaudi Arabia-12.09%
Singapore iconSingapore-17.66%
Slovakia iconSlovakia-7.47%
Slovenia iconSlovenia-7.47%
South Africa iconSouth Africa-54.52%
South Korea iconSouth Korea-32%
Spain iconSpain-7.47%
Sri Lanka iconSri Lanka-27.72%
Sweden iconSweden8.53%
Switzerland iconSwitzerland30.33%
Taiwan iconTaiwan-51.31%
Thailand iconThailand-32.12%
Turkey iconTurkey-48.04%
United Arab Emirates iconUnited Arab Emirates-4.84%
United Kingdom iconUnited Kingdom-13.79%
United States iconUnited States0%
Uruguay iconUruguay18.15%
Vatican City iconVatican City-7.47%
Venezuela iconVenezuela-65.77%
Vietnam iconVietnam-42.79%
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