2008 Big Mac Index
January 1, 2008
|
Big Mac |
Implied PPP |
Actual |
Valuation against |
|
Local Currency |
In Dollars |
of the Dollar |
Exchange Rate |
the Dollar |
Argentina |
11.00 |
3.64 |
3.08 |
3.02 |
+2 |
Australia |
3.45 |
3.36 |
0.97 |
1.03 |
-6 |
Brazil |
7.50 |
4.73 |
2.1 |
1.58 |
+33 |
Britian |
2.29 |
4.57 |
1.56 |
2 |
+28 |
Canada |
4.09 |
4.08 |
1.15 |
1 |
+14 |
Chile |
1,550 |
3.13 |
434 |
494 |
-12 |
China |
12.5 |
1.83 |
3.5 |
6.83 |
-49 |
Colombia |
7000 |
3.89 |
1960.78 |
1798.65 |
+9 |
Costa Rica |
1800 |
3.27 |
504.2 |
551.02 |
-8 |
Czech Republic |
66.1 |
4.56 |
18.5 |
14.5 |
+28 |
Denmark |
28.0 |
5.95 |
7.84 |
4.7 |
+67 |
Egypt |
13.0 |
2.45 |
3.64 |
5.31 |
-31 |
Estonia |
32.00 |
3.24 |
8.96 |
9.87 |
-9 |
Euro Area |
3.37 |
5.34 |
1.06 |
1.59 |
+50 |
Hong Kong |
13.3 |
1.71 |
3.73 |
7.8 |
-52 |
Hungary |
670 |
4.64 |
187.7 |
144.3 |
+30 |
Iceland |
469.00 |
5.97 |
131.37 |
78.57 |
+67 |
Indonesia |
18,700 |
2.04 |
5,238 |
9,152 |
-43 |
Japan |
280 |
2.62 |
78.4 |
106.8 |
-27 |
Latvia |
1.55 |
3.50 |
0.43 |
0.44 |
-2 |
Lithuania |
6.90 |
3.17 |
1.93 |
2.18 |
-11 |
Malaysia |
5.50 |
1.70 |
1.54 |
3.2 |
-52 |
Mexico |
32.0 |
3.15 |
8.96 |
10.2 |
-12 |
New Zealand |
4.90 |
3.72 |
1.37 |
1.32 |
+4 |
Norway |
40.0 |
7.88 |
11.2 |
5.08 |
+121 |
Pakistan |
140.00 |
1.97 |
39.22 |
70.9 |
-45 |
Peru |
9.50 |
3.35 |
2.66 |
2.84 |
-6 |
Philippines |
87.00 |
1.96 |
24.37 |
44.49 |
-45 |
Poland |
7.00 |
3.45 |
1.96 |
2.03 |
-3 |
Russia |
59.0 |
2.54 |
16.5 |
23.2 |
-29 |
Saudi Arabia |
10.0 |
2.67 |
2.8 |
3.75 |
-25 |
Singapore |
3.95 |
2.92 |
1.11 |
1.35 |
-18 |
Slovakia |
77.00 |
4.03 |
21.57 |
19.13 |
+13 |
South Africa |
16.9 |
2.24 |
4.75 |
7.56 |
-37 |
South Korea |
3,200 |
3.14 |
896 |
1,018 |
-12 |
Sri Lanka |
210.00 |
1.95 |
58.82 |
107.55 |
-45 |
Sweden |
38.0 |
6.37 |
10.6 |
5.96 |
+79 |
Switzerland |
6.50 |
6.36 |
1.82 |
1.02 |
+78 |
Thailand |
62.0 |
1.86 |
17.4 |
33.4 |
-48 |
Tiawan |
75.0 |
2.47 |
21 |
30.4 |
-31 |
Turkey |
5.15 |
4.32 |
1.44 |
1.19 |
+21 |
UAE |
10.00 |
2.72 |
2.8 |
3.67 |
-24 |
Ukraine |
11.00 |
2.39 |
3.08 |
4.6 |
-33 |
United States |
3.57 |
3.57 |
. |
. |
. |
Uruguay |
61.00 |
3.19 |
17.09 |
19.15 |
-11 |