Purchasing power: the Big Mac Index in Europe
The Big Mac index, popularised by The Economist, compares the price of a McDonald's Big Mac across countries as a light-hearted proxy for purchasing power: where a burger costs more than the exchange rate implies, the currency looks overvalued. The raw gap ignores local prices in general, while the GDP-adjusted variant accounts for the fact that burgers are structurally cheaper in poorer countries. Data via bigmacindex.app; only 6 EU countries (CZ, DK, HU, PL, RO, SE) are covered because that is what the dataset publishes. Latest data: 1 Jul 2026.
Data updated: 9 Oct 2026
Big Mac prices and currency valuation
Reference date: 1 Jul 2026
| Country | Local price | USD price ($) | vs USD raw % | vs USD GDP-adj % | vs EUR raw % | vs EUR GDP-adj % |
|---|---|---|---|---|---|---|
| Czechia | 115.00 CZK | 5.43 | -12.6 | -0.1 | -23.2 | -22.7 |
| Denmark | 46.00 DKK | 7.04 | 13.1 | 19.7 | -0.6 | -7.3 |
| Hungary | 1660.00 HUF | 5.30 | -14.8 | -0.2 | -25.2 | -22.7 |
| Poland | 23.50 PLN | 6.22 | 0.0 | 19.3 | -12.2 | -7.6 |
| Romania | 18.35 RON | 4.01 | -35.6 | -24.6 | -43.4 | -41.6 |
| Sweden | 69.00 SEK | 7.16 | 15.1 | 26.6 | 1.2 | -2.0 |
Chart: undervaluation vs EUR compared
EUR-based undervaluation history
Czechia
-36.4Jan 2006 – Jan 2026 · 17 points-13.8 %
Denmark
-7.8Jan 2006 – Jan 2026 · 17 points27.9 %
Hungary
-41.4Jan 2006 – Jan 2026 · 17 points-20.3 %
Poland
-43.4Jan 2006 – Jan 2026 · 17 points-10.2 %
Romania
-52.2Jan 2019 – Jan 2026 · 7 points-41.7 %
Sweden
-4.8Jan 2006 – Jan 2026 · 17 points33.5 %