The Big Mac index: Saudi Arabia

Macro

2026-03-02

Description

The big mac index was invented by The Economist in 1986 as a lighthearted guide to whether currencies are at their “correct” level. It is based on the theory of purchasing-power parity (PPP), the notion that in the long run exchange rates should move towards the rate that would equalise the prices of an identical basket of goods and services (in this case, a burger) in any two countries.

Published by
The Economist
Frequency
Aperiodically
Next Update
Hashtags
Big Mac index PPP

AI Data Insight

The Q1 2026 Saudi Big Mac Index reported at $5.067, showing almost zero volatility compared to the previous value ($5.066), continuing the trend of remaining at $5.06 since the end of 2022. Benefiting from the pegged exchange rate system between the Riyal (SAR) and the US Dollar, coupled with a local food inflation annual growth rate of only 0.2%, the country's Big Mac price exhibits a price stickiness rarely seen globally.

You May Also Like

AI Data Insight

The Q1 2026 Saudi Big Mac Index reported at $5.067, showing almost zero volatility compared to the previous value ($5.066), continuing the trend of remaining at $5.06 since the end of 2022. Benefiting from the pegged exchange rate system between the Riyal (SAR) and the US Dollar, coupled with a local food inflation annual growth rate of only 0.2%, the country's Big Mac price exhibits a price stickiness rarely seen globally.

You May Also Like

Other Industry

Semiconductor
Display
LED
Energy
Electronics
Telecom
Emerging Tech
Macro
Description

The big mac index was invented by The Economist in 1986 as a lighthearted guide to whether currencies are at their “correct” level. It is based on the theory of purchasing-power parity (PPP), the notion that in the long run exchange rates should move towards the rate that would equalise the prices of an identical basket of goods and services (in this case, a burger) in any two countries.

Published by
The Economist
Frequency
Aperiodically
Next Update
Hashtags
Big Mac index PPP