Rankings

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

Local currency under(-)/over (+) valuation against the $, % January 2019

  1. Rank
    1
    Country
    Switzerland
    Result
    18.7
  2. Rank
    2
    Country
    Norway
    Result
    5.0
  3. Rank
    3
    Country
    Sweden
    Result
    4.6
  4. Rank
    4
    Country
    United States
    Result
    0.0 a
  5. Rank
    5
    Country
    Canada
    Result
    -8.9
  6. Rank
    6
    Country
    Euro area
    Result
    -16.8 b
  7. Rank
    7
    Country
    Denmark
    Result
    -17.5
  8. Rank
    8
    Country
    Israel
    Result
    -17.8
  9. Rank
    9
    Country
    Brazil
    Result
    -18.5
  10. Rank
    10
    Country
    Australia
    Result
    -22.0
  11. Rank
    11
    Country
    Lebanon
    Result
    -22.7
  12. Rank
    12
    Country
    Uruguay
    Result
    -22.8
  13. Rank
    13
    Country
    Singapore
    Result
    -23.3
  14. Rank
    14
    Country
    New Zealand
    Result
    -24.9
  15. Rank
    15
    Country
    United Kingdom
    Result
    -27.0
  16. Rank
    16
    Country
    South Korea
    Result
    -27.9
  17. Rank
    17
    Country
    Chile
    Result
    -30.3
  18. Rank
    18
    Country
    Czech Republic
    Result
    -31.7
  19. Rank
    Country
    UAE
    Result
    -31.7
  20. Rank
    20
    Country
    Costa Rica
    Result
    -32.4
  21. Rank
    21
    Country
    Colombia
    Result
    -33.2
  22. Rank
    22
    Country
    Thailand
    Result
    -33.4
  23. Rank
    23
    Country
    Japan
    Result
    -35.5
  24. Rank
    24
    Country
    Honduras
    Result
    -37.4
  25. Rank
    25
    Country
    Kuwait
    Result
    -37.9
  26. Rank
    26
    Country
    Pakistan
    Result
    -40.6
  27. Rank
    27
    Country
    Qatar
    Result
    -40.9
  28. Rank
    28
    Country
    Croatia
    Result
    -41.9
  29. Rank
    29
    Country
    Guatemala
    Result
    -42.0
  30. Rank
    30
    Country
    Saudi Arabia
    Result
    -42.7
  31. Rank
    31
    Country
    Bahrain
    Result
    -43.0
  32. Rank
    Country
    Nicaragua
    Result
    -43.0
  33. Rank
    Country
    Sri Lanka
    Result
    -43.0
  34. Rank
    34
    Country
    Peru
    Result
    -43.8
  35. Rank
    35
    Country
    China
    Result
    -45.3 a
  36. Rank
    36
    Country
    Hungary
    Result
    -45.6
  37. Rank
    37
    Country
    Poland
    Result
    -49.8
  38. Rank
    Country
    Vietnam
    Result
    -49.8
  39. Rank
    39
    Country
    Jordan
    Result
    -50.8
  40. Rank
    40
    Country
    Oman
    Result
    -51.1
  41. Rank
    41
    Country
    Philippines
    Result
    -52.1
  42. Rank
    42
    Country
    India
    Result
    -54.2 c
  43. Rank
    Country
    Hong Kong
    Result
    -54.2
  44. Rank
    44
    Country
    Mexico
    Result
    -54.5
  45. Rank
    45
    Country
    Indonesia
    Result
    -58.0
  46. Rank
    46
    Country
    Azerbaijan
    Result
    -58.3
  47. Rank
    47
    Country
    Moldova
    Result
    -58.5
  48. Rank
    48
    Country
    Romania
    Result
    -59.0
  49. Rank
    49
    Country
    Taiwan
    Result
    -59.9
  50. Rank
    Country
    South Africa
    Result
    -59.9
  51. Rank
    51
    Country
    Egypt
    Result
    -60.0
  52. Rank
    52
    Country
    Malaysia
    Result
    -60.6
  53. Rank
    53
    Country
    Argentina
    Result
    -64.1
  54. Rank
    54
    Country
    Turkey
    Result
    -64.2
  55. Rank
    55
    Country
    Ukraine
    Result
    -65.2
  56. Rank
    56
    Country
    Russia
    Result
    -70.4

Index key & notes

Notes

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

Sources: McDonald's; The Economist

a Average of four cities

b Weighted average of prices in euro area

c Maharaja Mac