Under globalEDGE Insights by Country, a variety of indices can be found for each country. GlobalEDGE has recently updated its indices including the Big Mac Index. The Big Mac Index includes the price of a Big Mac in different countries around the world. This index has become a global standard based on the theory of purchasing power parity, and that over time, exchange rates should move so that an identical basket of goods would have equal prices across countries. There is a GDP-adjusted index that addresses the changes in prices between countries with higher or lower labor costs.
View results from the Big Mac Index on globalEDGE on any of the country’s “Indices” sections or click here for the United States Indices page.