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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Economic indicators and price analysis for United States
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This dataset provides values for BIG MAC INDEX reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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.
big-mac-raw-index.csv
contains values for the “raw” indexbig-mac-adjusted-index.csv
contains values for the “adjusted” indexbig-mac-full-index.csv
contains bothvariable | 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 |
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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Analysis of ‘Nutrition Facts for McDonald's Menu’ provided by Analyst-2 (analyst-2.ai), based on source dataset retrieved from https://www.kaggle.com/mcdonalds/nutrition-facts on 28 January 2022.
--- Dataset description provided by original source is as follows ---
Ray Kroc wanted to build a restaurant system that would be famous for providing food of consistently high quality and uniform methods of preparation. He wanted to serve burgers, buns, fries and beverages that tasted just the same in Alaska as they did in Alabama. To achieve this, he chose a unique path: persuading both franchisees and suppliers to buy into his vision, working not for McDonald’s but for themselves, together with McDonald’s. Many of McDonald’s most famous menu items – like the Big Mac, Filet-O-Fish, and Egg McMuffin – were created by franchisees.
This dataset provides a nutrition analysis of every menu item on the US McDonald's menu, including breakfast, beef burgers, chicken and fish sandwiches, fries, salads, soda, coffee and tea, milkshakes, and desserts.
The menu items and nutrition facts were scraped from the McDonald's website.
How many calories does the average McDonald's value meal contain? How much do beverages, like soda or coffee, contribute to the overall caloric intake? Does ordered grilled chicken instead of crispy increase a sandwich's nutritional value? What about ordering egg whites instead of whole eggs? What is the least number of items could you order from the menu to meet one day's nutritional requirements?
--- Original source retains full ownership of the source dataset ---
Ray Kroc wanted to build a restaurant system that would be famous for providing food of consistently high quality and uniform methods of preparation. He wanted to serve burgers, buns, fries and beverages that tasted just the same in Alaska as they did in Alabama. To achieve this, he chose a unique path: persuading both franchisees and suppliers to buy into his vision, working not for McDonald’s but for themselves, together with McDonald’s. Many of McDonald’s most famous menu items – like the Big Mac, Filet-O-Fish, and Egg McMuffin – were created by franchisees.
This dataset provides a nutrition analysis of every menu item on the US McDonald's menu, including breakfast, beef burgers, chicken and fish sandwiches, fries, salads, soda, coffee and tea, milkshakes, and desserts.
The menu items and nutrition facts were scraped from the McDonald's website.
How many calories does the average McDonald's value meal contain? How much do beverages, like soda or coffee, contribute to the overall caloric intake? Does ordered grilled chicken instead of crispy increase a sandwich's nutritional value? What about ordering egg whites instead of whole eggs? What is the least number of items could you order from the menu to meet one day's nutritional requirements?
Attribution-NonCommercial-NoDerivs 4.0 (CC BY-NC-ND 4.0)https://creativecommons.org/licenses/by-nc-nd/4.0/
License information was derived automatically
Apple is one of the most influential and recognisable brands in the world, responsible for the rise of the smartphone with the iPhone. Valued at over $2 trillion in 2021, it is also the most valuable...
In the first quarter of 2023, Lenovo shipped 22.4 percent of all personal computers worldwide, whilst HP Inc. occupied 21.1 percent of the PC market. Dell ranked third among vendors in terms of PC shipments, accounting for 16.7 percent of the market.
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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.