Rankings

Exchange rates Change

Show me

The Economist’s Big Mac index: under-/over-valuation

Local currency under(-)/over(+) valuation against the dollar, % January 2018

  1. Rank
    1
    Country
    Switzerland
    Result
    28.1
  2. Rank
    2
    Country
    Norway
    Result
    18.2
  3. Rank
    3
    Country
    Sweden
    Result
    16.0
  4. Rank
    4
    Country
    United States
    Result
    0.0 a
  5. Rank
    5
    Country
    Canada
    Result
    -0.4
  6. Rank
    6
    Country
    Brazil
    Result
    -3.2
  7. Rank
    7
    Country
    Denmark
    Result
    -6.6
  8. Rank
    8
    Country
    Uruguay
    Result
    -7.2
  9. Rank
    9
    Country
    Euro area
    Result
    -8.4 b
  10. Rank
    10
    Country
    Israel
    Result
    -9.1
  11. Rank
    11
    Country
    Australia
    Result
    -10.9
  12. Rank
    12
    Country
    New Zealand
    Result
    -14.6
  13. Rank
    13
    Country
    United Kingdom
    Result
    -16.4
  14. Rank
    14
    Country
    Singapore
    Result
    -16.9
  15. Rank
    15
    Country
    Chile
    Result
    -18.7
  16. Rank
    16
    Country
    South Korea
    Result
    -22.1
  17. Rank
    17
    Country
    Costa Rica
    Result
    -23.7
  18. Rank
    18
    Country
    Argentina
    Result
    -25.0
  19. Rank
    19
    Country
    Colombia
    Result
    -27.4
  20. Rank
    20
    Country
    UAE
    Result
    -27.8
  21. Rank
    21
    Country
    Czech Republic
    Result
    -27.9
  22. Rank
    22
    Country
    Sri Lanka
    Result
    -28.6
  23. Rank
    23
    Country
    Thailand
    Result
    -29.5
  24. Rank
    24
    Country
    Japan
    Result
    -35.0
  25. Rank
    25
    Country
    Hungary
    Result
    -35.1
  26. Rank
    26
    Country
    Pakistan
    Result
    -35.7
  27. Rank
    27
    Country
    Peru
    Result
    -38.1
  28. Rank
    28
    Country
    Saudi Arabia
    Result
    -39.4
  29. Rank
    29
    Country
    China
    Result
    -39.9 c
  30. Rank
    30
    Country
    Poland
    Result
    -43.8
  31. Rank
    31
    Country
    Vietnam
    Result
    -45.8
  32. Rank
    32
    Country
    Turkey
    Result
    -46.5
  33. Rank
    33
    Country
    India
    Result
    -46.6 d
  34. Rank
    34
    Country
    Indonesia
    Result
    -49.3
  35. Rank
    35
    Country
    Philippines
    Result
    -50.0
  36. Rank
    36
    Country
    Hong Kong
    Result
    -50.3
  37. Rank
    37
    Country
    Mexico
    Result
    -51.3
  38. Rank
    38
    Country
    South Africa
    Result
    -53.6
  39. Rank
    39
    Country
    Taiwan
    Result
    -55.8
  40. Rank
    40
    Country
    Russia
    Result
    -56.6
  41. Rank
    41
    Country
    Malaysia
    Result
    -56.9
  42. Rank
    42
    Country
    Egypt
    Result
    -63.4
  43. Rank
    43
    Country
    Ukraine
    Result
    -69.0

Index key & notes

Notes

Based on purchasing-power parity: local price of a Big Mac burger divided by United States price.

Source: McDonald's; The Economist

a Average of 4 cities

b Weighted average of member countries

c Average of 5 cities

d Maharaja Mac