2004 Big Mac Index

January 1, 2004

Big Mac Price Implied PPP Valuation against
In Dollars of the dollar the Dollar
United States 2.90 . .
Argentina 1.48 1.50 -49
Australia 2.27 1.12 -22
Brazil 1.70 1.86 -41
Britain 3.37 1.54 16
Canada 2.33 1.10 -20
Chile 2.18 483 -25
China 1.26 3.59 -57
Czech Rep. 2.13 19.5 -27
Denmark 4.46 9.57 54
Egypt 1.62 3.45 -44
Euro area 3.28 1.06 +13
Hong Kong 1.54 4.14 -47
Hungary 2.52 183 -13
Indonesia 1.77 5,552 -39
Japan 2.33 90.3 -20
Malaysia 1.33 1.74 -54
Mexico 2.08 8,28 -28
New Zealand 2.65 1.50 -8
Peru 2.57 3.10 -11
Philippines 1.23 23.8 -57
Poland 1.63 2.17 -44
Russia 1.45 14.5 -50
Singapore 1.92 1.14 -34
South Africa 1.86 4.28 +36
South Korea 2.72 1,103 -6
Sweden 3.94 10.3 +36
Switzerland 4.90 2.17 +69
Taiwan 2.24 25.9 -23
Thailand 1.45 20.3 -50
Turkey 2.58 1,362.069 -11
Venezuela 1.48 1,517 -49
Aruba 2.29 1.41 -21
Belarus 1.37 1021 -53
Bulgaria 1.85 1.03 -36
Colombia 2.35 2241 -19
Costa Rica 2.61 390 -10
Croatia 2.42 5.14 -17
Dom. Rep. 1.32 20.7 -54
Estonia 2.27 10.2 -22
Fiji 2.35 1.47 -19
Georgia 1.90 1.26 -34
Guatemala 2.01 5.52 -31
Honduras 1.98 12.4 -32
Iceland 6.01 151 +107
Jamaica 1.88 39.0 -35
Jordan 3.65 0.89 +26
Kuwait 7.33 0.74 +153
Latvia 2.00 0.38 -31
Lebanon 2.84 1483 -2
Lithuania 2.26 2.24 -22
Macau 1.40 3.86 -52
Macedonia 1.84 32.8 -36
Moldova 1.93 7.93 -33
Morocco 0.26 0.82 -91
Nicaragua 2.19 11.9 -25
Norway 5.18 12.2 +79
Pakistan 1.90 37.9 -34
Qatar 0.68 0.85 -77
Saudi Arabia 0.64 0.83 -78
Slovakia 1.98 22.8 -32
Slovenia 2.42 166 -17
Sri Lanka 1.41 48.3 -51
Ukraine 1.36 2.50 -53
UAE 0.67 0.84 -77
Uruguay 1.00 10.3 -65