Economy · Full coverage
Israel Ranks Second Globally in Big Mac Index, Behind Switzerland
How 4 Israeli newsrooms covered this story — translated into English and compared side by side.
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First reported by Ynet · 4 hours ago
What happened
Israel ranks second globally in the Big Mac Index with a $7.67 price, behind Switzerland, due to local price hikes and a stronger shekel. The index reflects purchasing power parity by comparing standardized Big Mac prices worldwide.
- 01Israel ranks second worldwide in Big Mac price at $7.67, after Switzerland.
- 02Price increases and a stronger shekel raised Israel's ranking from eighth in January.
- 03Big Mac cost in Israel rose from 17 shekels in early 2025 to 23 shekels in February 2025.
- 04The Big Mac Index illustrates purchasing power parity using standardized product costs.
- 05Israel was excluded from the index in 2002 after government objections about its accuracy.
- 06Current shekel-dollar exchange rate around 3 shekels per dollar influenced the price rise.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 4 outlets
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