|Definition||:||Big Mac Index|
|Category||:||Business » Business Terms|
What does BMI mean?
Big Mac Index (BMI) is an index created by The Economist magazine that is used to measure the Purchasing Power Parity (PPP) across different countries, using the price of a Big Mac as the benchmark. Big Mac Index takes its name from the Big Mac, a hamburger sold at McDonald’s restaurants.
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Frequently Asked Questions (FAQ)What is the full form of BMI in Economic Indicators?
The full form of BMI is Big Mac IndexWhat are the full forms of BMI in Business?