Big Mac Index 2013

January 27, 2013

Click here to download the complete spreadsheet. Big Mac Index information is from the Economist, click here for the Kindle version of the Economist.

Big Mac Index 2013
Country Big Mac prices in local currency Big Mac prices in dollars* Implied PPP† of the dollar Actual dollar exchange rate January 2013 Under (-)/ over (+) valuation against the dollar, %
Argentina 20.00 4.64 4.77 4.31 10.47
Australia 4.80 4.94 1.14 0.97 17.61
Brazil 10.25 5.68 2.44 1.81 35.30
Britain 2.49 3.82 0.59 0.65 -8.91
Canada 4.73 4.63 1.13 1.02 10.38
Chile 2050.00 4.05 488.42 506.05 -3.48
China 15.40 2.44 3.67 6.32 -41.90
Colombia 8400.00 4.54 2001.32 1852.15 8.05
Costa Rica 2050.00 4.02 488.42 509.54 -4.15
Czech Republic 70.22 3.45 16.73 20.37 -17.85
Denmark 31.50 5.37 7.50 5.86 28.04
Egypt 15.50 2.57 3.69 6.04 -38.83
Euro area 3.49 4.43 0.83 0.79 5.56
Hong Kong 16.50 2.12 3.93 7.77 -49.39
Hungary 645.00 2.63 153.67 245.69 -37.45
India 84.00 1.62 20.01 51.91 -61.44
Indonesia 22534.00 2.46 5368.79 9160.00 -41.39
Israel 15.90 4.13 3.79 3.85 -1.57
Japan 320.00 4.16 76.24 76.92 -0.88
Latvia 1.65 3.00 0.39 0.55 -28.57
Lithuania 7.80 2.87 1.86 2.72 -31.72
Malaysia 7.35 2.34 1.75 3.14 -44.22
Mexico 37.00 2.70 8.82 13.68 -35.58
New Zealand 5.10 4.05 1.22 1.26 -3.56
Norway 41.00 6.79 9.77 6.04 61.73
Pakistan 260.00 2.89 61.95 90.05 -31.21
Peru 10.00 3.71 2.38 2.69 -11.51
Philippines 118.00 2.68 28.11 44.01 -36.11
Poland 9.10 2.58 2.17 3.52 -38.41
Russia 81.00 2.55 19.30 31.77 -39.25
Saudi Arabia 10.00 2.67 2.38 3.75 -36.47
Singapore 4.85 3.75 1.16 1.29 -10.62
South Africa 19.95 2.45 4.75 8.13 -41.54
South Korea 3700.00 3.19 881.54 1158.75 -23.92
Sri Lanka 290.00 2.55 69.09 113.93 -39.35
Sweden 41.00 5.91 9.77 6.93 40.88
Switzerland 6.50 6.81 1.55 0.96 62.14
Taiwan 75.00 2.50 17.87 29.98 -40.40
Thailand 78.00 2.46 18.58 31.75 -41.47
Turkey 6.60 3.54 1.57 1.86 -15.59
UAE 12.00 3.27 2.86 3.67 -22.16
Ukraine 17.00 2.11 4.05 8.04 -49.63
United States 4.20 4.20 1.00 1.00 0.00
Uruguay 90.00 4.63 21.44 19.45 10.25
Venezuela 30.00 6.99 7.15 4.29 66.43
Austria 3.09 3.92 0.74 0.79 -6.60
Belgium 3.70 4.69 0.88 0.79 11.84
Estonia 2.04 2.59 0.49 0.79 -38.34
Finland 3.75 4.76 0.89 0.79 13.35
France 3.60 4.57 0.86 0.79 8.81
Germany 3.53 4.48 0.84 0.79 6.70
Greece 3.30 4.19 0.79 0.79 -0.25
Ireland 3.80 4.82 0.91 0.79 14.86
Italy 3.50 4.44 0.83 0.79 5.79
Netherlands 3.25 4.12 0.77 0.79 -1.77
Portugal 2.90 3.68 0.69 0.79 -12.34
Spain 3.50 4.44 0.83 0.79 5.79

{ 9 comments… read them below or add one }

Andrie September 5, 2013 at 3:02 pm

Dear creator of the BigMacIndex.org Website,

I would like to sincerely thank you for the orderly bookeeping of BigMac data.. I have been looking for These data since years and now finally have everything on one Piece.

many thanks

best regards from Prague,
andrie

Reply

Big Mac Attack October 2, 2013 at 3:59 pm

Well thanks for the kind words Andrie. I’m glad you find the site useful. I know it would have saved me a lot of time if I had had it back when I needed it.

Reply

Dolar BigMac September 30, 2013 at 3:11 pm

Where do you find up to date prices?
Thanks!

Reply

Big Mac Attack October 2, 2013 at 3:57 pm

The up to date prices are all published by the Economist every year. Eventually I’d like to create a system where users can enter Big Mac prices on their own but we’re not there yet. I got all of the old prices by going through microfilm at the University of Michigan library.

Reply

Gene H October 8, 2013 at 6:28 pm

This is a terrific resource. I just found it recently. I am an AP Economics teacher and am going to use it for my online class tonight. Thanks for doing the legwork for us!! :)

Reply

Mariana October 23, 2013 at 11:09 am

Hello,

at first, thank you for good statistics work!
And I have one question – please, could you tell me how often are the results released and published? I am looking for actual results for month september 2013 and I can’t find it :-( . Please, could you help me?

Thank you for any help,
Kind Regards

Mariana

Reply

ahmadi October 25, 2013 at 11:48 am

is it the same page like the previous http://www.thebigmacindex.com?

Reply

Big Mac Attack December 16, 2013 at 7:08 pm

Nope, I’ve never had that domain. Someone owns it as of now although it’s just parked for now. I’ve only ever had this one domain for this particular project.

Reply

Chris February 1, 2014 at 10:40 pm

Hello,
what have you done is great. However, I have a few questions. How can I interpret the last column? Why do we have an overvaluation of 10.47 in Argentina or why do we have undervaluation in Britain. What could be the factors influencing the figures from the last column ? I mean is it something connected with the currencies or more like with the good and its trade- transportation cost/ barriers to trade/inclusion of non-traded elements in the cost/ pricing to the market?
Thank you in advance :)

Reply

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