April 1988

1988 Big Mac Index

April 2, 1988

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Big Mac Index 1988

Big Mac Actual $ Implied PPP
Country In local currency In dollars Exchange Rate of the dollar
Australia 1.95 $1.43 1.36 0.82
Belgium 90 $2.59 34.8 37.66
Britain 1.19 $2.20 0.54 0.5
Canada 2.05 $1.65 1.24 0.86
Denmark 22.75 $3.58 6.36 9.52
France 17.3 $3.07 5.63 7.24
Germany/W. Germany 4.1 $2.47 1.66 1.72
Holland 4.85 $2.61 1.86 2.03
Hong Kong 7.6 $0.97 7.8 3.18
Ireland 1.22 $1.97 0.62 0.51
Italy 3300 $2.69 1229 1380
Japan 370 $2.98 124 155
Singapore 2.8 $1.40 2 1.17
Spain 285 $2.57 111 119
Sweden 18.5 $3.14 5.89 7.74
United States 2.39 $2.39 . .
Yugoslavia 2300 $1.64 1400 962