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Big Mac index

(index)

In July 2017, big mac index in Norway was 11.59 index. In the ranking by big mac index including 55 countries, Norway has the 32nd rank that is close to the positions of such countries as New Zealand and the Pakistan. Compared to Argentina which at the top of the ranking with big mac index of -22.16 index in July 2017, Norway has 152.29 % percent lower big mac index.

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The Big Mac Index invented by The Economist is an informal way of measuring the purchasing power parity (PPP) between two currencies.