Big Mac Index: Argentina's Struggle with Inflation and Tourism Decline
Argentina’s Big Mac Index ranking and Peso’s impact on inflation and tourism Argentina’s Position in the Global Big Mac Index Argentina’s Big Mac Index in 2025 places it in the global spotlight. The Big Mac Index, developed by The Economist , serves as a barometer for measuring currency strength, purchasing power, and inflation across nations. In recent months, Argentina’s position in this index has drawn attention due to its high Big Mac prices relative to its GDP. As of January 2025, Argentina’s Big Mac costs approximately 7,300 Argentine Pesos, which is equivalent to 6.95 USD, making it the second most expensive globally, right after Switzerland. The Big Mac Index Explained The Big Mac Index compares the price of a Big Mac in different countries, adjusting it for local exchange rates. It serves as a simple yet effective way to examine how much a country’s currency is overvalued or undervalued compared to the US Dollar. In this case, Argentina’s Peso is significantly overvalued,...