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Big Mac Index 1989
|
Big Mac Price |
Actual $ |
Implied PPP |
Country |
In local currency |
In dollars |
Exchange Rate |
of the dollar |
Australia |
2.1 |
$1.69 |
1.24 |
1.04 |
Belgium |
90 |
$2.28 |
39.5 |
45 |
Britain |
1.26 |
$2.14 |
0.59 |
0.62 |
Canada |
2.15 |
$1.81 |
1.19 |
1.06 |
Denmark |
24.75 |
$3.38 |
7.33 |
12.3 |
France |
17.7 |
$2.78 |
6.37 |
8.76 |
Germany/W. Germany |
4.3 |
$2.28 |
1.89 |
2.13 |
Holland |
5.1 |
$2.39 |
2.13 |
2.52 |
Hong Kong |
7.6 |
$0.98 |
7.78 |
3.76 |
Ireland |
1.3 |
$1.83 |
0.71 |
0.64 |
Italy |
3300 |
$2.39 |
1382 |
1634 |
Japan |
370 |
$2.78 |
133 |
183 |
Singapore |
2.8 |
$1.43 |
1.96 |
1.39 |
S. Korea |
2400 |
$3.60 |
666 |
1188 |
Spain |
280 |
$2.39 |
117 |
139 |
Sweden |
21 |
$3.28 |
6.41 |
10.4 |
United States |
2.02 |
$2.02 |
. |
. |
Yugoslavia |
7000 |
$0.78 |
9001 |
3465 |