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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 2017 and converted to US$.

Country
Price in USD
Egypt 1.46
Ukraine 1.54
Malaysia 1.79
South Africa 1.89
Russia 2.15
Taiwan 2.16
Mexico 2.23
Poland 2.30
Indonesia 2.33
Sri Lanka 2.33
Hong Kong 2.48
India 2.49
Vietnam 2.66
Philippines 2.68
Turkey 2.75
China 2.83
Czech Republic 2.91
Hungary 3.05
Portugal 3.19
Saudi Arabia 3.20
Peru 3.24
Estonia 3.25
Japan 3.26
Colombia 3.31
Thailand 3.35
Argentina 3.47
Greece 3.51
UAE 3.54
Austria 3.56
Pakistan 3.58
Chile 3.64
South Korea 3.68
Britain 3.73
Netherlands 3.78
Singapore 3.89
Germany 3.97
Costa Rica 4.06
Euro area 4.06
Belgium 4.14
Spain 4.14
New Zealand 4.19
Ireland 4.19
Denmark 4.22
Australia 4.28
France 4.29
Uruguay 4.35
Israel 4.38
Italy 4.40
Canada 4.51
Finland 4.76
United States 5.06
Brazil 5.12
Venezuela 5.25
Sweden 5.26
Norway 5.67
Switzerland 6.35