Working time required to buy a Big Mac in cities worldwide 2018

This statistic shows the average working time required to buy one Big Mac in selected cities around the world in 2018. In Nairobi, the average worker had to work for about 133.8 minutes to be able to purchase a Big Mac.The average wages garnered in select countries around the world based on purchasing power can be accessed here. Additional information on the Big Mac IndexThe Big Mac index is a tongue-in-cheek measure of purchasing power parity (PPP) created by The Economist. The index gained global attention among economists and other analysts of global economic conditions due to its relative degree of accuracy in predicting purchasing power parity among countries. In attempting to include wage differentials rankings that seek to measure how fast one can earn the money required to purchase a Big Mac incorporate average wages. In theory, the result should correlate to the ranking of average world wages adjusted for PPP. The Big Mac index is open to criticism as it is unable to take certain factors that may result in the price of a Big Mac fluctuating between countries. For example, the hospitality industry, including McDonalds, tends to employ large numbers of people on or close to the minimum wage. This is shown by the percentage of workers paid hourly rates with earnings at or below the minimum wage in the U.S., by industry. As a result differing levels of the minimum wage may lead McDonalds to charge a comparably higher amount for a Big Mac in that country.

本统计数据显示了2018年全球选定城市购买一个巨无霸汉堡所需平均工作时间。在内罗毕，平均工人需要工作约133.8分钟才能购买一个巨无霸汉堡。根据购买力计算，世界各地选定国家的平均工资信息可在此处查阅。有关巨无霸指数的更多信息，巨无霸指数是由《经济学人》杂志所创制的一种幽默的购买力平价（PPP）衡量方法。该指数因其相对精确地预测各国购买力平价的能力，在全球经济学家和其他全球经济状况分析师中引起了广泛关注。在尝试包含工资差异排名，旨在衡量赚取购买一个巨无霸所需货币的速度时，纳入了平均工资。从理论上讲，结果应与世界平均工资排名的PPP调整值相关。然而，巨无霸指数受到了批评，因为它无法考虑某些可能导致不同国家巨无霸价格波动的因素。例如，餐饮业，包括麦当劳，倾向于雇佣大量接近最低工资水平的工作人员。这一点可以通过美国各行业中支付每小时工资且收入在最低工资或以下的工人比例来体现。因此，不同国家的最低工资水平可能导致麦当劳在该国对巨无霸的定价相对较高。