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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 July 2017 and converted to US$.

Country Price in USD
Ukraine 1.70
Egypt 1.75
Malaysia 2.00
South Africa 2.26
Taiwan 2.26
Russia 2.28
Indonesia 2.40
Hong Kong 2.46
Vietnam 2.64
Philippines 2.65
Poland 2.72
Mexico 2.75
India 2.76
China 2.92
Turkey 3.01
Saudi Arabia 3.20
Hungary 3.21
Peru 3.23
Colombia 3.24
Czech Republic 3.28
Japan 3.36
Thailand 3.50
Pakistan 3.57
Estonia 3.60
Portugal 3.71
Sri Lanka 3.77
UAE 3.81
Greece 3.83
South Korea 3.84
Chile 3.84
Austria 3.88
Costa Rica 4.00
Venezuela 4.06
Singapore 4.06
Britain 4.11
Netherlands 4.12
Argentina 4.13
Spain 4.34
New Zealand 4.43
Germany 4.45
Euro area 4.47
Australia 4.53
Uruguay 4.53
Denmark 4.61
Belgium 4.62
Ireland 4.65
Canada 4.66
France 4.68
Israel 4.77
Italy 4.80
Brazil 5.10
Finland 5.21
United States 5.30
Sweden 5.82
Norway 5.91
Switzerland 6.74