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Big Mac Price | Implied PPP | Actual $ | Valuation against | ||
Country | In local currency | In dollars | of the dollar | Exchange Rate | the Dollar |
Australia | 1.75 | 1.07 | 1.09 | 1.64 | -34 |
Belgium | 90 | 2.14 | 56 | 42 | 33 |
Brazil | 2.5 | 0.18 | 7.8 | 13.8 | -56 |
Britain | 1.1 | 1.64 | 0.69 | 0.67 | 3 |
Canada | 1.89 | 1.36 | 1.18 | 1.39 | -15 |
France | 16.4 | 2.47 | 10.3 | 6.65 | 55 |
Germany/W. Germany | 4.25 | 2.10 | 2.66 | 2.02 | 32 |
Holland | 4.35 | 1.91 | 2.72 | 2.28 | 19 |
Hong Kong | 7.6 | 0.97 | 4.75 | 7.8 | -39 |
Ireland | 1.18 | 1.59 | 0.74 | 0.74 | 0 |
Japan | 370 | 2.40 | 231 | 154 | 50 |
Singapore | 2.8 | 1.30 | 1.75 | 2.15 | -19 |
Spain | 260 | 1.95 | 163 | 133 | 23 |
Sweden | 16.5 | 2.40 | 10.3 | 6.87 | 50 |
United States | 1.6 | 1.60 | . | . | . |