The Economist's Big Mac Index
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Updated Oct 24, 2024
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EmailClick to copy linkLink copiedCitePaul Mooney (2024). The Economist's Big Mac Index [Dataset]. https://www.kaggle.com/datasets/paultimothymooney/the-economists-big-mac-index/discussionCroissantCroissant is a format for machine-learning datasets. Learn more about this at mlcommons.org/croissant.Dataset updatedOct 24, 2024AuthorsPaul MooneyDescriptionContext
Data and methodology for the Big Mac index https://www.economist.com/news/2018/07/11/the-big-mac-index.
Updated yearly, with data from 1986 to 2019.
Content
big-mac-raw-index.csvcontains values for the “raw” indexbig-mac-adjusted-index.csvcontains values for the “adjusted” indexbig-mac-full-index.csvcontains both
variable definition source date Date of observation iso_a3 Three-character [ISO 3166-1 country code][iso 3166-1] currency_code Three-character [ISO 4217 currency code][iso 4217] name Country name local_price Price of a Big Mac in the local currency McDonalds; The Economist dollar_ex Local currency units per dollar Reuters dollar_price Price of a Big Mac in dollars USD_raw Raw index, relative to the US dollar EUR_raw Raw index, relative to the Euro GBP_raw Raw index, relative to the British pound JPY_raw Raw index, relative to the Japanese yen CNY_raw Raw index, relative to the Chinese yuan GDP_dollar GDP per person, in dollars IMF adj_price GDP-adjusted price of a Big Mac, in dollars USD_adjusted Adjusted index, relative to the US dollar EUR_adjusted Adjusted index, relative to the Euro GBP_adjusted Adjusted index, relative to the British pound JPY_adjusted Adjusted index, relative to the Japanese yen CNY_adjusted Adjusted index, relative to the Chinese yuan Acknowledgements
Banner Photo by amirali mirhashemian on Unsplash
This software is published by The Economist under the MIT licence. The data generated by The Economist are available under the Creative Commons Attribution 4.0 International License.
The licences include only the data and the software authored by The Economist, and do not cover any Economist content or third-party data or content made available using the software. More information about licensing, syndication and the copyright of Economist content can be found here.
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Data and methodology for the Big Mac index https://www.economist.com/news/2018/07/11/the-big-mac-index.
Updated yearly, with data from 1986 to 2019.
Content
big-mac-raw-index.csvcontains values for the “raw” indexbig-mac-adjusted-index.csvcontains values for the “adjusted” indexbig-mac-full-index.csvcontains both
| variable | definition | source |
|---|---|---|
| date | Date of observation | |
| iso_a3 | Three-character [ISO 3166-1 country code][iso 3166-1] | |
| currency_code | Three-character [ISO 4217 currency code][iso 4217] | |
| name | Country name | |
| local_price | Price of a Big Mac in the local currency | McDonalds; The Economist |
| dollar_ex | Local currency units per dollar | Reuters |
| dollar_price | Price of a Big Mac in dollars | |
| USD_raw | Raw index, relative to the US dollar | |
| EUR_raw | Raw index, relative to the Euro | |
| GBP_raw | Raw index, relative to the British pound | |
| JPY_raw | Raw index, relative to the Japanese yen | |
| CNY_raw | Raw index, relative to the Chinese yuan | |
| GDP_dollar | GDP per person, in dollars | IMF |
| adj_price | GDP-adjusted price of a Big Mac, in dollars | |
| USD_adjusted | Adjusted index, relative to the US dollar | |
| EUR_adjusted | Adjusted index, relative to the Euro | |
| GBP_adjusted | Adjusted index, relative to the British pound | |
| JPY_adjusted | Adjusted index, relative to the Japanese yen | |
| CNY_adjusted | Adjusted index, relative to the Chinese yuan |
Acknowledgements
Banner Photo by amirali mirhashemian on Unsplash
This software is published by The Economist under the MIT licence. The data generated by The Economist are available under the Creative Commons Attribution 4.0 International License.
The licences include only the data and the software authored by The Economist, and do not cover any Economist content or third-party data or content made available using the software. More information about licensing, syndication and the copyright of Economist content can be found here.