The Big Mac index: Sweden

Macro

2026-09-01

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

AI Data Insight

In Q1 2026, Sweden's Big Mac Index reported at 7.2583 USD, a slight decline from the 7.3202 USD in Q3 2025, but still significantly higher than the US benchmark. High wages and rigid operating costs in the Nordic region continue to drive up pricing, reflecting a relatively overvalued pattern for the Swedish Krona in terms of purchasing power parity.

AI Data Insight

In Q1 2026, Sweden's Big Mac Index reported at 7.2583 USD, a slight decline from the 7.3202 USD in Q3 2025, but still significantly higher than the US benchmark. High wages and rigid operating costs in the Nordic region continue to drive up pricing, reflecting a relatively overvalued pattern for the Swedish Krona in terms of purchasing power parity.

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