Big Mac Index by Country

Big Mac Index by Country
Big Mac Index by Countryℹ️
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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Andorra

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#10

Argentina

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Argentina

Metric

Value

Rank

Big Mac Index by Country

-11.27%

#36

Australia

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Australia

Metric

Value

Rank

Big Mac Index by Country

-10.18%

#35

Austria

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Austria

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#11

Azerbaijan

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Azerbaijan

Metric

Value

Rank

Big Mac Index by Country

-46.26%

#66

Bahrain

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Bahrain

Metric

Value

Rank

Big Mac Index by Country

-17.59%

#41

Belgium

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Belgium

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#12

Brazil

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Brazil

Metric

Value

Rank

Big Mac Index by Country

-17.53%

#40

Canada

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Canada

Metric

Value

Rank

Big Mac Index by Country

1.97%

#5

Chile

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Chile

Metric

Value

Rank

Big Mac Index by Country

-28.89%

#50

China

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China

Metric

Value

Rank

Big Mac Index by Country

-30.93%

#55

Colombia

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Colombia

Metric

Value

Rank

Big Mac Index by Country

-32.41%

#58

Costa Rica

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Costa Rica

Metric

Value

Rank

Big Mac Index by Country

-24.12%

#45

Croatia

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Croatia

Metric

Value

Rank

Big Mac Index by Country

-28.46%

#49

Cyprus

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Cyprus

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#13

Czech Republic

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Czech Republic

Metric

Value

Rank

Big Mac Index by Country

-22.88%

#44

Egypt

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Egypt

Metric

Value

Rank

Big Mac Index by Country

-52.85%

#73

Estonia

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Estonia

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#14

Finland

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Finland

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#15

France

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France

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#16

Germany

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Germany

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#17

Greece

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Greece

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#18

Guatemala

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Guatemala

Metric

Value

Rank

Big Mac Index by Country

-34.67%

#60

Honduras

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Honduras

Metric

Value

Rank

Big Mac Index by Country

-29.79%

#51

Hong Kong

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Hong Kong

Metric

Value

Rank

Big Mac Index by Country

-48.06%

#68

Hungary

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Hungary

Metric

Value

Rank

Big Mac Index by Country

-48.59%

#70

India

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India

Metric

Value

Rank

Big Mac Index by Country

-53.61%

#74

Indonesia

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Indonesia

Metric

Value

Rank

Big Mac Index by Country

-54.62%

#75

Ireland

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Ireland

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#19

Israel

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Israel

Metric

Value

Rank

Big Mac Index by Country

-3.97%

#8

Italy

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Italy

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#20

Japan

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Japan

Metric

Value

Rank

Big Mac Index by Country

-45.07%

#65

Jordan

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Jordan

Metric

Value

Rank

Big Mac Index by Country

-37.11%

#61

Kuwait

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Kuwait

Metric

Value

Rank

Big Mac Index by Country

-17.88%

#43

Latvia

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Latvia

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#21

Lebanon

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Lebanon

Metric

Value

Rank

Big Mac Index by Country

-1.40%

#7

Lithuania

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Lithuania

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#22

Luxembourg

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Luxembourg

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#23

Malaysia

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Malaysia

Metric

Value

Rank

Big Mac Index by Country

-52.44%

#72

Malta

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Malta

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#24

Mexico

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Mexico

Metric

Value

Rank

Big Mac Index by Country

-33.41%

#59

Moldova

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Moldova

Metric

Value

Rank

Big Mac Index by Country

-39.63%

#63

Monaco

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Monaco

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#25

Netherlands

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Netherlands

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#26

New Zealand

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New Zealand

Metric

Value

Rank

Big Mac Index by Country

-14.04%

#39

Nicaragua

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Nicaragua

Metric

Value

Rank

Big Mac Index by Country

-24.80%

#46

Norway

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Norway

Metric

Value

Rank

Big Mac Index by Country

21.63%

#2

Oman

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Oman

Metric

Value

Rank

Big Mac Index by Country

-28.38%

#48

Pakistan

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Pakistan

Metric

Value

Rank

Big Mac Index by Country

-38.71%

#62

Peru

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Peru

Metric

Value

Rank

Big Mac Index by Country

-30.67%

#53

Philippines

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Philippines

Metric

Value

Rank

Big Mac Index by Country

-46.51%

#67

Poland

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Poland

Metric

Value

Rank

Big Mac Index by Country

-30.32%

#52

Portugal

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Portugal

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#27

Qatar

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Qatar

Metric

Value

Rank

Big Mac Index by Country

-30.69%

#54

Romania

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Romania

Metric

Value

Rank

Big Mac Index by Country

-55.70%

#77

Saint Barthelemy

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Saint Barthelemy

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#29

Saint Pierre and Miquelon

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Saint Pierre and Miquelon

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#28

San Marino

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San Marino

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#30

Saudi Arabia

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Saudi Arabia

Metric

Value

Rank

Big Mac Index by Country

-12.09%

#37

Singapore

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Singapore

Metric

Value

Rank

Big Mac Index by Country

-17.66%

#42

Slovakia

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Slovakia

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#31

Slovenia

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Slovenia

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#32

South Africa

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South Africa

Metric

Value

Rank

Big Mac Index by Country

-54.52%

#76

South Korea

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South Korea

Metric

Value

Rank

Big Mac Index by Country

-32%

#56

Spain

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Spain

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#33

Sri Lanka

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Sri Lanka

Metric

Value

Rank

Big Mac Index by Country

-27.72%

#47

Sweden

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Sweden

Metric

Value

Rank

Big Mac Index by Country

8.53%

#4

Switzerland

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Switzerland

Metric

Value

Rank

Big Mac Index by Country

30.33%

#1

Taiwan

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Taiwan

Metric

Value

Rank

Big Mac Index by Country

-51.31%

#71

Thailand

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Thailand

Metric

Value

Rank

Big Mac Index by Country

-32.12%

#57

Turkey

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Turkey

Metric

Value

Rank

Big Mac Index by Country

-48.04%

#69

United Arab Emirates

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United Arab Emirates

Metric

Value

Rank

Big Mac Index by Country

-4.84%

#9

United Kingdom

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United Kingdom

Metric

Value

Rank

Big Mac Index by Country

-13.79%

#38

United States

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United States

Metric

Value

Rank

Big Mac Index by Country

0%

#6

Uruguay

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Uruguay

Metric

Value

Rank

Big Mac Index by Country

18.15%

#3

Vatican City

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Vatican City

Metric

Value

Rank

Big Mac Index by Country

-7.47%

#34

Venezuela

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Venezuela

Metric

Value

Rank

Big Mac Index by Country

-65.77%

#78

Vietnam

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Vietnam

Metric

Value

Rank

Big Mac Index by Country

-42.79%

#64