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Big Mac index

The Big Mac index was invented by The Economist in 1986 as a lighthearted guide to whether currencies are at their “correct” level, since the sandwich is identical everywhere in the world. It is therefore also a great guide to the general price levels in most parts of the world.

The prices are from January 2022 and converted to US$.

Russia 1,74
Turkey 1,86
Indonesia 2,36
Malaysia 2,39
Romania 2,40
Ukraine 2,43
India 2,55
South Africa 2,58
Azerbaijan 2,65
Taiwan 2,70
Egypt 2,71
Philippines 2,79
Hong Kong 2,82
Moldova 2,89
Oman 2,99
Jordan 2,99
Vietnam 3,05
Hungary 3,09
Lebanon 3,26
Colombia 3,29
Mexico 3,34
Pakistan 3,34
Peru 3,36
Guatemala 3,38
Japan 3,38
Poland 3,44
Croatia 3,52
Qatar 3,57
Honduras 3,62
Nicaragua 3,78
South Korea 3,82
China 3,83
Thailand 3,84
Chile 3,88
Bahrain 3,98
Saudi Arabia 4,00
Czech Republic 4,11
Costa Rica 4,12
Kuwait 4,13
Sri Lanka 4,15
Argentina 4,29
Brazil 4,31
Singapore 4,36
Australia 4,51
New Zealand 4,60
United Arab Emirates 4,63
Britain 4,82
Denmark 4,82
Euro area 4,95
Venezuela 5,06
Canada 5,32
Israel 5,35
Uruguay 5,43
Sweden 5,79
United States 5,81
Norway 6,39
Switzerland 6,98