Economist Big Mac Index 2024. Our index, in short, purchases a lot of explanatory power for little cost. The economist magazine’s big mac index uses the price of mcdonald’s big macs around the world, expressed in a common currency (u.s.

The big mac, a staple of fast food, has grown beyond its culinary origins to become a globally recognized economic indicator. Switzerland leads the index with a big mac costing $6.71, 30.33% more than in the us, attributed to factors like higher labor costs, lower purchasing power, and taxes.