Israel Ranks Second Most Expensive for Big Mac Globally After Switzerland
How 5 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Ynet · 5 hours ago
What happened
The Economist's Big Mac Index ranks Israel as the second most expensive country for a Big Mac after Switzerland, reflecting an overvalued shekel by nearly 40%. The index compares burger prices worldwide to assess currency valuation, with Israel's Big Mac costing $7.67 versus $6.22 in the U.S. Switzerland leads with $9.04, but its franc is overvalued by 45%. Lower prices appear in Indonesia, Taiwan, and India due to various economic factors.
- 01Israel ranks second globally in Big Mac price at $7.67, after Switzerland's $9.04.
- 02The Israeli shekel is overvalued by nearly 40% based on Big Mac purchasing power.
- 03Switzerland's franc is overvalued by 45%, making its Big Mac price appear higher.
- 04UK, EU, and Turkey follow Israel with Big Mac prices above $6.90.
- 05Lowest Big Mac prices are in Indonesia, Taiwan, and India, under $2.50.
- 06Price differences reflect tariffs, transport, competition, and local costs like labor and rent.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 5 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
