At **** U.S. dollars, Switzerland has the most expensive Big Macs in the world, according to the January 2025 Big Mac index. Concurrently, the cost of a Big Mac was **** dollars in the U.S., and **** U.S. dollars in the Euro area. What is the Big Mac index? The Big Mac index, published by The Economist, is a novel way of measuring whether the market exchange rates for different countries’ currencies are overvalued or undervalued. It does this by measuring each currency against a common standard – the Big Mac hamburger sold by McDonald’s restaurants all over the world. Twice a year the Economist converts the average national price of a Big Mac into U.S. dollars using the exchange rate at that point in time. As a Big Mac is a completely standardized product across the world, the argument goes that it should have the same relative cost in every country. Differences in the cost of a Big Mac expressed as U.S. dollars therefore reflect differences in the purchasing power of each currency. Is the Big Mac index a good measure of purchasing power parity? Purchasing power parity (PPP) is the idea that items should cost the same in different countries, based on the exchange rate at that time. This relationship does not hold in practice. Factors like tax rates, wage regulations, whether components need to be imported, and the level of market competition all contribute to price variations between countries. The Big Mac index does measure this basic point – that one U.S. dollar can buy more in some countries than others. There are more accurate ways to measure differences in PPP though, which convert a larger range of products into their dollar price. Adjusting for PPP can have a massive effect on how we understand a country’s economy. The country with the largest GDP adjusted for PPP is China, but when looking at the unadjusted GDP of different countries, the U.S. has the largest economy.

Economic indicators and price analysis for Indonesia

One United States dollar was worth over ****** Indonesian rupiah in May 2024, the highest value in a comparison of over 50 different currencies worldwide. All countries and territories shown here are based on the Big Mac Index - a measurement of how much a single Big Mac is worth across different areas in the world. This exchange rate comparison reveals a strong position of the dollar in Asia and Latin America. Note, though, that several of the top currencies shown here do not rank among the most traded. The quarterly U.S. dollar exchange rate against the ten biggest forex currencies only contains the Korean won and the Japanese yen.

Los países del centro y norte de Europa son los que gozan de mayor poder adquisitivo en el Viejo Continente y son también aquellos donde sus habitantes más pagan por uno de los productos más famosos de McDonald's: el Big Mac. Así, por ejemplo, el precio medio de una hamburguesa Big Mac en Suiza era superior a los ocho dólares estadounidenses en enero de 2024, frente a los menos de tres dólares que le costaba este mismo producto a un consumidor en Egipto o Indonesia. ¿Qué es el Índice Big Mac? El Índice Big Mac lo publica anualmente The Economist desde 1986 y es considerado como un indicador simplificado del poder adquisitivo de un país. Este sistema consiste en comparar los precios de la hamburguesa Big Mac en todos los países donde se comercializa ese producto. Para solventar el problema de la diferencia de divisa, los precios estandarizados de una Big Mac se calculan convirtiendo los precios medios nacionales de una Big Mac a dólares estadounidenses bajo un tipo de cambio determinado. Un McDonald's en cualquier rincón del mundo Se utiliza la hamburguesa Big Mac para establecer la comparación, ya que es uno de los principales productos de McDonald's, que se fabrica bajo los mismos estándares de tamaño, composición y calidad en todos los países donde es comercializado. Desde su fundación en 1948, la cadena de hamburgueserías ha desarrollado una ambiciosa estrategia de expansión presencial y cuenta con más de 41.500 restaurantes en todo el mundo. Tal es el impacto de esta empresa de origen norteamericano, que su valor de marca estimado asciende a más de 221.500 millones de dólares y cerró el año 2023 con unos beneficios netos de más de 8.000 millones.