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The Big Mac index explained
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Would Iceland top Big Mac index?
Mobility Market Outlook Key topics in mobility. Company Database Sales and employment figures at a glance. Publication Finder Find studies from all around the internet. The Statistics Portal. The statistic depicts the so-called Big Mac index in The Big Max index is regarded as an indicator for the purchasing power of an economy. The average price for a Big Mac burger in Switzerland was 6.
As many countries have different currencies, the standardized Big Mac prices are calculated by converting the average national Big Mac prices with the latest exchange rate to U. Its global revenue amounted to about Most McDonald restaurants are spread across the United States.
Expand statistic. Average price in U. Download Settings Share. Chart type. Share on Social Media. Download started Please be patient - this may take a moment. Description Source More information. Show sources information Show publisher information Release date July By diverting the average national Big Mac prices to U. The Big Mac can also be a good indicator for the individual purchasing power of an economy since he exists worldwide in standard size, composition and quality.
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Everything you need to know to understand all about The Economist’s theory of the Big Mac index.
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