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.

Population in the largest city (% of urban population) in World was reported at 16.05 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. World - Population in the largest city - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

In 2024, Sudan was ranked as the most miserable country in the world, with a misery index score of 374.8. Argentina ranked second with an index score of 195.9. Quality of life around the worldThe misery index was created by the economist Arthur Okun in the 1960s. The index is calculated by adding the unemployment rate, the lending rate and the inflation rate minus percent change of GDP per capita. Another famous tool used for the comparison of development of countries around the world is the Human Development Index, which takes into account such factors as life expectancy at birth, literacy rate, education level and gross national income (GNI) per capita. Better economic conditions correlate with higher quality of life Economic conditions affect the life expectancy, which is much higher in the wealthiest regions. With a life expectancy of 85 years, Liechtenstein led the ranking of countries with the highest life expectancy in 2023. On the other hand, Nigeria was the country with the lowest life expectancy, where men were expected to live 55 years as of 2024. The Global Liveability Index ranks the quality of life in cities around the world, basing on political, social, economic and environmental aspects, such as personal safety and health, education and transport services and other public services. In 2024, Vienna was ranked as the city with the highest quality of life worldwide.

90% Confidence Interval Upper Bound of Estimate of People of All Ages in Poverty for Suffolk City, VA was 13078.00000 Persons in January of 2023, according to the United States Federal Reserve. Historically, 90% Confidence Interval Upper Bound of Estimate of People of All Ages in Poverty for Suffolk City, VA reached a record high of 13489.00000 in January of 2014 and a record low of 8829.00000 in January of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for 90% Confidence Interval Upper Bound of Estimate of People of All Ages in Poverty for Suffolk City, VA - last updated from the United States Federal Reserve on June of 2025.

The so-called Big Mac index is regarded as an indicator for the purchasing power of an economy. The average price for a Big Mac burger in Mexico was estimated at 4.6 U.S. dollars in January 2025. Due to the high increases during the last few years, the Big Mac burger price became one of the highest in Latin America. Big Mac Index The Bic Mac index has been published annually by The Economist since 1986 and is rated as a simplified indicator of a country’s individual purchasing power. As many countries have different currencies, the standardized Big Mac prices are calculated by converting the average national Big Mac prices with the latest exchange rate to U.S. dollars.The Big Mac, as the top-selling McDonald’s burger, is used for comparison because it is available in almost every country and manufactured in a standardized size, composition and quality. McDonald’s is a worldwide operating fast food restaurant chain with headquarters in Oak Brook, Illinois. In Latin America, McDonald's largest franchisee is Arcos Dorados Holdings, with headquarters in Montevideo, Uruguay. Power Purchasing Parity This conversion endeavor seeks to level the purchasing power disparities among nations by neutralizing price discrepancies. Notably, in Mexico, the Purchasing Power Parity (PPP) has demonstrated a consistent upward trajectory, yielding positive repercussions on the minimum wage for the labor force. This, in turn, has triggered a favorable effect on the affordability of the essential food basket. Furthermore, this upswing has propelled five major Mexican cities into the upper positions of PPP rankings within Latin America. Consequently, Mexico now stands as the 15th largest global economy, a status achieved despite a slight, yet steady, decline in its share of the global GDP, which is adjusted according to PPP metrics.

This is an xlsx file containing three sheets. Each sheet contains a listing of research article titles and DOIs on the topic of inequality. Each set of articles corresponds to a different journal that has published articles on inequality that have been tracked as mentioned online by Altmetric within the last year. V1 was revised as V2 to delete empty row in the second sheet and to correct title to clarify URLs are included. MethodologyThe source data was originally obtained with the Altmetric Explorer.The results of the searches for 'inequality' in the title mentioned in the last year were exported from the Altmetric Explorer as a spreadsheet and then the data was cleaned. This was done manually applying spreadsheet filters and adding and deleting columns, and using OpenRefine to deduplicate and standarise the data. Each output was then checked (i.e. each link was clicked on to visit the article pages) and a note was made to verfiy if the full version could be accessed without academic library credentials or not. Each table in each sheet contains the Altmetric score in timeframe (one year) in the first column and the outputs have been listed in that order (from the highest score to the lowest). Each article was checked one by one manually not using any institutional credentials or IP, and the access type of each article has been indicated in the last column. This file is shared here for educational, documental, archival and historiographic purposes.

The survey studied opinions on economic life and business opportunities in rural areas in Finland. The respondents were top-level managers of Finnish enterprises. The barometer was developed for the Landmarks Programme carried out by the Finnish Innovation Fund (Sitra). First, the respondents were asked to what extent they connected certain qualities and issues to countryside and to urban areas (e.g. burden on the public economy, environmental-friendly way of life, freedom, social exclusion, good life, authenticity). Images of the countryside were charted by asking what kinds of places corresponded to their view of the countryside and which areas they saw as part of the countryside (e.g. holiday villages in rural areas, rural population centres, nature areas, rural areas dominated by agricultural areas). The experience of urban/rural identity was examined with questions on whether they thought themselves as city or rural residents and the importance of this identity to themselves and Finns in general. The respondents were asked in what kind of a neighbourhood their homes, holiday homes and workplaces were located and in what kind of a neighbourhood they preferred to live. The respondents were also asked about their habits of spending time in different neighbourhoods during their working time, weekends and holidays. Views were probed on the intentions to move to a more urban or rural setting within the following ten years. Reasons for the importance of different places (e.g. friends in other regions, spending holidays) were studied. The respondents were presented with a number of statements relating to the countryside, its image and future development and significance. Some questions covered what the respondents would like the countryside to be like in 2025, what countryside meant to them at the time of the survey and what they believed it would mean to them in ten years' time. Further questions explored the respondents' beliefs about whether the significance of rural areas would grow or diminish in Finland. Some questions investigated what kind of business ventures they thought could have potential in the countryside (e.g. logistics services, organic production, renewable energy production), and to what extent they agreed with a number of statements related to entrepreneurship both in general and in the countryside. Finally, the respondents were asked about their own business and its relation to the Finnish countryside and Finland. Background variables included the respondent's year of birth, gender, education, political party choice if the parliamentary elections were held at that time, occupational status, annual gross income of the household, region (NUTS3) and municipality type as well as the number of employees in the respondent's enterprise, neighbourhood type of the enterprise headquarters, industrial sector and revenue of the enterprise.

The Rio de Janeiro (RJ) municipality presents one of the highest crime rates in Brazil. However, since the 2000s, a significant reduction of lethal crimes has been observed. Given this scenario, the aim of this study is to analyze the factors that determined this phenomenon. Among them, it seeks to assess the effects of the Pacifying Police Unit (Unidade de Polícia Pacificadora - UPP). To this end, the statistical error correction vector (ECV) method was used. This study allowed for the analysis of short- and long-term relationships between crime rates and variables associated with economic activity and police action. The applied dataset comprises the period between April 2002 and August 2019. The main results indicate that UPP implementation contributed to lethal crime reduction in the municipality of Rio de Janeiro. Furthermore, the results show that coercive police action tends to increase crime rates.

This statistic shows the average working time required to buy one Big Mac in selected cities around the world in 2018. In Nairobi, the average worker had to work for about ***** minutes to be able to purchase a Big Mac. The average wages garnered in select countries around the world based on purchasing power can be accessed here. Additional information on the Big Mac Index The Big Mac index is a tongue-in-cheek measure of purchasing power parity (PPP) created by The Economist. The index gained global attention among economists and other analysts of global economic conditions due to its relative degree of accuracy in predicting purchasing power parity among countries. In attempting to include wage differentials rankings that seek to measure how fast one can earn the money required to purchase a Big Mac incorporate average wages. In theory, the result should correlate to the ranking of average world wages adjusted for PPP. The Big Mac index is open to criticism as it is unable to take certain factors that may result in the price of a Big Mac fluctuating between countries. For example, the hospitality industry, including McDonalds, tends to employ large numbers of people on or close to the minimum wage. This is shown by the percentage of workers paid hourly rates with earnings at or below the minimum wage in the U.S., by industry. As a result differing levels of the minimum wage may lead McDonalds to charge a comparably higher amount for a Big Mac in that country.

Population in largest city in Bangladesh was reported at 23935652 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Bangladesh - Population in largest city - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The inflation rate in the United States is expected to decrease to 2.1 percent by 2029. 2022 saw a year of exceptionally high inflation, reaching eight percent for the year. The data represents U.S. city averages. The base period was 1982-84. In economics, the inflation rate is a measurement of inflation, the rate of increase of a price index (in this case: consumer price index). It is the percentage rate of change in prices level over time. The rate of decrease in the purchasing power of money is approximately equal. According to the forecast, prices will increase by 2.9 percent in 2024. The annual inflation rate for previous years can be found here and the consumer price index for all urban consumers here. The monthly inflation rate for the United States can also be accessed here. Inflation in the U.S.Inflation is a term used to describe a general rise in the price of goods and services in an economy over a given period of time. Inflation in the United States is calculated using the consumer price index (CPI). The consumer price index is a measure of change in the price level of a preselected market basket of consumer goods and services purchased by households. This forecast of U.S. inflation was prepared by the International Monetary Fund. They project that inflation will stay higher than average throughout 2023, followed by a decrease to around roughly two percent annual rise in the general level of prices until 2028. Considering the annual inflation rate in the United States in 2021, a two percent inflation rate is a very moderate projection. The 2022 spike in inflation in the United States and worldwide is due to a variety of factors that have put constraints on various aspects of the economy. These factors include COVID-19 pandemic spending and supply-chain constraints, disruptions due to the war in Ukraine, and pandemic related changes in the labor force. Although the moderate inflation of prices between two and three percent is considered normal in a modern economy, countries’ central banks try to prevent severe inflation and deflation to keep the growth of prices to a minimum. Severe inflation is considered dangerous to a country’s economy because it can rapidly diminish the population’s purchasing power and thus damage the GDP .

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2023, at 90,730 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 39,102 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 214,000 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.

The gross domestic product (GDP) of California was about 3.23 trillion U.S. dollars in 2023, meaning that it contributed the most out of any state to the country’s GDP in that year. In contrast, Vermont had the lowest GDP in the United States, with 35.07 billion U.S. dollars. What is GDP? Gross domestic product, or GDP, is the total monetary value of all goods and services produced by an economy within a certain time period. GDP is used by economists to determine the economic health of an area, as well as to determine the size of the economy. GDP can be determined for countries, states and provinces, and metropolitan areas. While GDP is a good measure of the absolute size of a country's economy and economic activity, it does account for many other factors, making it a poor indicator for measuring the cost or standard of living in a country, or for making cross-country comparisons. GDP of the United States The United States has the largest gross domestic product in the world as of 2023, with China, Japan, Germany, and India rounding out the top five. The GDP of the United States has almost quadrupled since 1990, when it was about 5.9 trillion U.S. dollars, to about 25.46 trillion U.S. dollars in 2022.

The estimated per capita income across Sikkim was the highest among Indian states at around *** thousand Indian rupees in the financial year 2024. Meanwhile, it was the lowest in the northern state of Bihar at over ** thousand rupees. India’s youngest state, Telangana stood in the fifth place. The country's average per capita income that year was an estimated *** thousand rupees. What is per capita income? Per capita income is a measure of the average income earned per person in a given area in a certain period. It is calculated by dividing the area's total income by its total population. If absolute numbers are noted, India’s per capita income doubled from the financial year 2015 to 2023. Wealth inequality However, as per economists, the increase in the per capita income of a country does not always reflect an increase in the income of the entire population. Wealth distribution in India remains highly skewed. The average income hides the disbursal and inequality in a society. Especially in a society like India where the top one percent owned over ** percent of the total wealth in 2022.

The millionaire population in Singapore stood at around 526.4 thousand in 2021 and is projected to increase to about 592 thousand in 2026. This estimated growth in the millionaire population reflects the trend of increasing household wealth in Singapore, which grew by more than 146 percent since 2000.

Millionaire’s playground
In 2022, the Economist Intelligence Unit ranked Singapore as the world’s most expensive city alongside Hong Kong and Paris. The high cost of living in Singapore is in large part due to the extremely high cost of owning a car, as well as high property and food prices. With the tenth highest average wealth per adult in the world, and relatively low financial inequality, it seems that the residents of Singapore are able to afford life in the city with the third most expensive beer prices in the world.

Declining wealth in old age
The reality, however, is far less glamorous. While the median wealth per adult increased in 2019 from 2018, it was still the second-lowest value in the past five years. Many Singaporeans are feeling the pinch, especially the most vulnerable members of society, such as the elderly, who make up the majority of the workforce in jobs such as cleaning. Worryingly, many Singaporeans are also not financially prepared for retirement. This could lead to increasing inequality in the future, with many people unable to afford the lifestyle that they are accustomed to.

In January 2025, prices had increased by three percent compared to January 2024 according to the 12-month percentage change in the consumer price index — the monthly inflation rate for goods and services in the United States. The data represents U.S. city averages. In economics, the inflation rate is a measure of the change in price level over time. The rate of decrease in the purchasing power of money is approximately equal. A projection of the annual U.S. inflation rate can be accessed here and the actual annual inflation rate since 1990 can be accessed here. InflationOne of the most important economic indicators is the development of the Consumer Price Index in a country. The change in this price level of goods and services is defined as the rate of inflation. The inflationary situation in the United States had been relatively severe in 2022 due to global events relating to COVID-19, supply chain restrains, and the Russian invasion of Ukraine. More information on U.S. inflation may be found on our dedicated topic page. The annual inflation rate in the United States has increased from 3.2 percent in 2011 to 8.3 percent in 2022. This means that the purchasing power of the U.S. dollar has weakened in recent years. The purchasing power is the extent to which a person has available funds to make purchases. According to the data published by the International Monetary Fund, the U.S. Consumer Price Index (CPI) was about 258.84 in 2020 and is forecasted to grow up to 325.6 by 2027, compared to the base period from 1982 to 1984. The monthly percentage change in the Consumer Price Index (CPI) for urban consumers in the United States was 0.1 percent in March 2023 compared to the previous month. In 2022, countries all around the world are experienced high levels of inflation. Although Brazil already had an inflation rate of 8.3 percent in 2021, compared to the previous year, while the inflation rate in China stood at 0.85 percent.

Population in largest city in Pakistan was reported at 17648555 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - Population in largest city - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Unemployment Rate in Canada decreased to 6.90 percent in June from 7 percent in May of 2025. This dataset provides - Canada Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.