Big Mac Index 2008
Learn More
Last Updated on Wednesday, 14 April 2010 04:23 Written by admin Thursday, 24 July 2008 11:57
This is the Big Mac Index for 2008 which was published in The Economist on July 24th, 2008 in the print edition. I will be working on making this into a spreadsheet and will post it when it’s ready.
| Big Mac | Implied PPP | Actual ex. |
Valuation vs | ||
| Local Currency | In Dollars | of the Dollar | 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 |
Main Menu
Site Search
Tags
2007
2008
2009
2010
arbitrage
basket of goods
British Pound
Burgernomics
Chinese Yuan
CNY
contagion
CYB
educational
ETF
EUO
Eurozone
exchange rate
FXA
FXF
Greece
Jon Hoenig
Korean Won
Laurie Peterson
Lehman Brothers
London
Metal Project
nominal exchange rate
non-tradable
non-tradables
Norwegian Kroner
overvalued currencies
overvalued currency
PPP
PPP adjusted exchange rate
Purchasing Power Parity
Robert Barsky
South Korea
SZR
teaching resources
timeframe
undervalued currencies
undervalued currency
Wayne Rogers
Won
XRU