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Big Mac index

(index)

In January 2018, big mac index in Norway was 18.22 index. In the ranking by big mac index including 56 countries, Norway has the 34th 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 -24.99 index in January 2018, Norway has 172.90 % 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.