Most Expensive Big Mac Since 1986

In this data visualization I look at the countries with the most expensive Big Macs. This data comes from the Big Mac Index, recorded multiple times a year since 1986.
The Big Mac Index was created by The Economist in 1986 as a way to measure the purchasing power parity (PPP) between different currencies. The index is based on the theory of PPP, which states that in a free market, the exchange rate between two currencies should equal the ratio of the prices of a basket of goods in each country. The Big Mac Index uses the price of a Big Mac as its basket of goods, and compares the price of a Big Mac in different countries to see if their currencies are under- or over-valued.
The Big Mac Index has been criticized for its simplistic approach, and for not taking into account other factors such as inflation. However, it remains a popular way to measure PPP, and has been used by the IMF, World Bank, and other organizations.
www.economist.com/big-mac-index
Thank you for watching!
Music: Epic Motivation by Roman Cano from melodyloops.com

[@mnyachee]

Russia: we sell Big Macs on Avito for $100

[@elucidator1277]

I didn't really realize it till now, but I guess the Big Mac is a more deceptively useful economic index than most ppl would imagine.
I think one reason for that could be because McD is one of few companies that is widespread enough to be able to mimic something close to a barometer.
Obviously, you shouldn't use it solely or in a formal report, but I think it's more telling of the economic conditions of a country than you'd think.

[@EdKolis]

Yeah, just look at the USSR!

[@RMG791]

Norway came out of nowhere and said to the world “hold my big fat burger” 🍔

[@helpmereach45ksubswithoutvideo]

These videos makes our days better

[@hammalamiri12]

Love it , The Big Mac Index

[@leonardobarrera2816]

Good video
Question: where did you obtain the data??

[@johnny5805]

"Cheapest Big Mac" would have been more interesting.

[@26ct]

£0.99 in UK with app in Mondays...

[@-aku2805]

Nice video.

[@fungi_08]

Nice comment.

[@fungi_08]

@Dragon_du_Web Nice answer.

[@fungi_08]

@Dragon_du_Web Nice like.

[@showmethedat4]

@@fungi_08 nice user but better person

[@Lyothere]

@@fungi_08 Joli pseudo.

[@suvalleybrondt9799]

can you make one about everage real estate everage price with a graph aswell if posible the top 20?

[@Dave-yv7tg]

Now im hungry

[@Steph-lv5fg]

The whopper is way better bang for your buck than the big mac, since the big mac keeps getting smaller. There really isn't anything big about it anymore.

[@lung21]

US catches up so fast

[@lukesalazar9283]

Now I want to know what the least expensive Big Mac is

[@davids5148]

7 dollar? Hahaha....

[@manueldiekmann9262]

Ich mag den Big Mac ja nicht,aber das Video bekommt ein Mag ich weil ich das Video mit der Musik gut finde.....

[@abusukar]

Hey man make a video of a power tools like Makita Bosch and Dewalt

[@mjeedking1522]

POV: when you dont have thing to do for it video

[@jerrymalinab7388]

Yes thank you so much appreciate and look forward.. kick off and play boom bbcode jm..

[@ercaggy]

Name Song plis

[@trzxita]

Porque en Brazil la hamburguesa estaba cara durante tanto tiempo?

[@SayStats]

Wow, there’s a pretty large difference in price between the EU countries even though they are in the same economic zone!

[@user-wb1kd9kq5p]

Nigga the whole world is in the same economic zone.

[@AchPhoenix]

thats not what an economic zone is, LOL.
They all have different wages, taxes and buying powers.

[@NickyGamer2013]

I love to buy a bigmac

[@fungi_08]

La France on est lààà😁
France is heeere 😁

[@killurfour5371]

I hate how I remember that I used to buy a hamburger for 2.00

[@michaelklosinski2902]

Hopefully this refuels the 15$ an hour debate on Twitter

[@Chocolatnave123]

want a good wage? get a good job.

[@michaelklosinski2902]

@@Chocolatnave123 oh brother not the anime pfp

[@jrr___7902]

It's also a third the size.

[@ariedi17]

Big mac in Israel cost alot more
Maybe 12-13$

[@fredbureau-russell7718]

The big Mac is over six dollars here in Canada

[@tijanihamza1381]

You are talking of canadian dollars maybe

[@Feintyyy]

do fuel prices

[@superpayaseria]

THANK GOD IT'S SO CHEAP IN THE US

[@arkimedeez]

hol' up; brazil's big macs are on the cheapest *and* most expensive big mac board. Explain.

[@YariTubeYT]

7 dollars 💵

[@-aku2805]

Some countries like Norway have high average income, a stable currency and high taxes among other things that can affect the price of items.

[@andresmojica9054]

I really like hamburgers

[@futlizeditz]

We pay 20 dollars fır big Mac in turkey

[@momonp14]

Le big maque

[@adamayerst9262]

australian big mac like 7 bucks

[@whatisthisshit]

*sighs in turkish*
let's check

[@fungi_08]

POV: Japan 📈📉📈📉📈📉😓

[@eliseoespera6965]

All are western side of the world for ecample the americas europe and western asia

[@MassMultiplayer]

im glad animal corpse is expensive, this way people will "farm" something else. and make profit from non sentient being exploitation

[@26ct]

£0.99 in UK with app in Mondays... it's about $1.30...

[@user-oq8cn9uj6l]

РОССИИ БОЛЬШЕ НЕТ
Слава Україні!!