The Big Mac index: Thailand

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

In the first quarter of 2026, Thailand's Big Mac Index climbed to 4.3024 USD, marking significant growth from the previous figure of 4.1649 USD and setting a new historical record. Despite Thailand's domestic inflation being mild or even negative, driven by the strong appreciation of the Thai Baht against the US Dollar (moving towards the 31.2 level), the USD-denominated purchasing power of Thai assets has significantly improved, and the price gap with the United States continues to narrow.

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AI Data Insight

In the first quarter of 2026, Thailand's Big Mac Index climbed to 4.3024 USD, marking significant growth from the previous figure of 4.1649 USD and setting a new historical record. Despite Thailand's domestic inflation being mild or even negative, driven by the strong appreciation of the Thai Baht against the US Dollar (moving towards the 31.2 level), the USD-denominated purchasing power of Thai assets has significantly improved, and the price gap with the United States continues to narrow.

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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