⚠️ Unconfirmedeconomic2024

Average retail price of a Big Mac (local currency, per sandwich)

Compare countries by the average retail price of a Big Mac in local currency, using The Economist’s Big Mac Index dataset (2024).

Source: The Economist (Big Mac Index)141 countries

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Key Insights

Global Average
21,992.9LCU
Median: 55.0LCU
Countries Covered
141
with available data
Highest
Islamic Republic of Iran
2,400,000.0LCU
Lowest
Venezuela
0.0LCU
Top 5 Countries
1Islamic Republic of Iran2,400,000.0LCU
2Lebanon340,000.0LCU
3Vietnam69,000.0LCU
4Indonesia50,000.0LCU
5Lao People's Democratic Republic48,000.0LCU
By Region
Asia110,768.2LCU(26 countries)
South America4,144.0LCU(7 countries)
Other2,741.5LCU(65 countries)
Africa1,078.7LCU(9 countries)
Europe141.2LCU(28 countries)
Key Findings
  • A standardized consumer product can reveal large cross-country differences in everyday prices.
  • Local-currency Big Mac prices can change quickly in high-inflation economies, making year-to-year comparisons especially striking.
  • High-income countries tend to have higher Big Mac prices, but taxes, rents, and labor costs also strongly influence pricing.

Country Rankings

Top 10 Countries

Bottom 10 Countries

Data Analysis

Value Distribution

How countries are distributed across the value range

Low (0.0LCU)High (0.0LCU)

Regional Comparison

Average values by world region (Global avg: 21,992.9LCU)

Asia (26)
South America (7)
Other (65)
Africa (9)
Europe (28)
North America (4)
Oceania (2)

About This Statistic

This statistic reports the average retail price of a McDonald’s Big Mac in each country (in local currency units) as compiled for The Economist’s Big Mac Index. While the Big Mac Index is often discussed for its implied currency valuation, the underlying price itself is a simple, comparable consumer-goods price point that can be surprisingly revealing about local costs, wages, taxes, and input prices.

Because it is a single standardized product sold globally, the Big Mac’s local price is frequently used as an intuitive “everyday purchasing power” benchmark. Coverage depends on where McDonald’s sells Big Macs and where The Economist reports prices, so it is not universal—but it is still one of the most widely cited standardized global price datasets and is updated regularly.

Full Data

Rank Country Value
1Islamic Republic of Iran2,400,000.0LCU
2Lebanon340,000.0LCU
3Vietnam69,000.0LCU
4Indonesia50,000.0LCU
5Lao People's Democratic Republic48,000.0LCU
6Paraguay23,000.0LCU
7Colombia18,900.0LCU
8Cambodia16,000.0LCU
9Uganda13,500.0LCU
10Burundi12,000.0LCU
11Myanmar9,000.0LCU
12Democratic Republic of the Congo9,000.0LCU
13Mongolia7,900.0LCU
14United Republic of Tanzania7,000.0LCU
15Iraq6,000.0LCU
16Argentina5,900.0LCU
17South Korea5,500.0LCU
18Republic of the Congo5,200.0LCU
19Gabon4,300.0LCU
20Benin4,200.0LCU
21Nigeria4,200.0LCU
22Chile3,900.0LCU
23Angola3,800.0LCU
24Sudan3,500.0LCU
25Costa Rica2,900.0LCU
26Yemen2,800.0LCU
27Cameroon2,600.0LCU
28Kazakhstan2,400.0LCU
29Rwanda2,400.0LCU
30Sri Lanka1,800.0LCU
31Hungary1,690.0LCU
32Armenia1,600.0LCU
33Iceland1,150.0LCU
34Pakistan850.0LCU
35Jamaica820.0LCU
36Vanuatu620.0LCU
37Albania620.0LCU
38Serbia610.0LCU
39Nepal550.0LCU
40Algeria550.0LCU
41Kenya470.0LCU
42Djibouti450.0LCU
43Japan450.0LCU
44Ethiopia430.0LCU
45Bangladesh420.0LCU
46Haiti350.0LCU
47Uruguay259.0LCU
48Cuba250.0LCU
49Kyrgyzstan250.0LCU
50Nicaragua220.0LCU
51Montenegro210.0LCU
52Bhutan210.0LCU
53Dominican Republic205.0LCU
54India199.0LCU
55Russian Federation190.0LCU
56The Republic of North Macedonia190.0LCU
57Philippines175.0LCU
58Türkiye160.0LCU
59Thailand159.0LCU
60Egypt120.0LCU
61Ukraine110.0LCU
62Honduras100.0LCU
63Czech Republic99.0LCU
64Mexico99.0LCU
65Zambia90.0LCU
66Botswana85.0LCU
67Taiwan, Province of China75.0LCU
68Namibia75.0LCU
69Norway62.0LCU
70Sweden62.0LCU
71Maldives55.0LCU
72Morocco55.0LCU
73Turkmenistan50.0LCU
74South Africa49.9LCU
75Denmark39.0LCU
76Macao38.0LCU
77Guatemala34.0LCU
78Ghana33.0LCU
79Western Sahara30.0LCU
80Tajikistan30.0LCU
81Trinidad and Tobago28.0LCU
82Brazil25.9LCU
83People's Republic of China25.0LCU
84Bolivia24.0LCU
85Hong Kong23.0LCU
86Libya23.0LCU
87Saudi Arabia20.0LCU
88United Arab Emirates19.0LCU
89Poland18.5LCU
90Papua New Guinea18.0LCU
91Antigua and Barbuda17.5LCU
92Georgia17.0LCU
93Israel17.0LCU
94Qatar17.0LCU
95Peru16.9LCU
96Barbados16.0LCU
97Romania14.5LCU
98Malaysia13.9LCU
99Fiji13.5LCU
100Tunisia13.5LCU
101Bulgaria9.5LCU
102Belarus8.5LCU
103New Zealand8.2LCU
104Tonga8.2LCU
105Singapore7.5LCU
106Australia7.4LCU
107Bosnia and Herzegovina7.2LCU
108Canada7.2LCU
109Switzerland7.0LCU
110Solomon Islands7.0LCU
111Country 6256.8LCU
112Panama6.8LCU
113Ecuador6.5LCU
114Finland6.2LCU
115Brunei Darussalam6.2LCU
116Somalia6.0LCU
117Italy5.9LCU
118France5.7LCU
119United States of America5.7LCU
120Ireland5.5LCU
121Azerbaijan5.5LCU
122Netherlands5.5LCU
123Spain5.3LCU
124Austria5.3LCU
125Germany5.2LCU
126Luxembourg5.2LCU
127Croatia5.1LCU
128Belgium5.1LCU
129Portugal5.0LCU
130United Kingdom4.8LCU
131El Salvador4.8LCU
132Greece4.6LCU
133Slovakia4.6LCU
134Slovenia4.6LCU
135Bahamas4.2LCU
136Zimbabwe3.5LCU
137Jordan2.5LCU
138Bahrain1.8LCU
139Oman1.5LCU
140Kuwait1.4LCU
141Venezuela0.0LCU
Showing 141 of 141 countries

Topics

Data Source

This data comes from The Economist (Big Mac Index) (2024).

View Original Source