China
Compared with Guatemala, using real observed prices.
Baseline: Guatemala = 1×
Overall verdict
China is about 0.55×
Guatemala.
Average across 3 categories, 7 items with data
The shape of prices (vs
Guatemala = 1×)
How to read this
The centre line is Guatemala. A bar running right means China is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.
← Cheaper than
Guatemala
Guatemala = 1×
China is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In China, Big Mac costs 0.9× what it does in Guatemala — but Electricity 1kWh (household) costs only 0.3×. What is expensive here is labour, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Big Mac 1 burger ×0.85
China GTQ 28.07 CNY 25.5
Guatemala GTQ 33.00 GTQ 33
-
Gasoline 1L 1 L ×0.84
China GTQ 9.04 USD 1.179
Guatemala GTQ 10.79 USD 1.407
-
Diesel 1L 1 L ×0.74
China GTQ 8.01 USD 1.045
Guatemala GTQ 10.78 USD 1.406
-
Electricity 1kWh (household) 1 kWh ×0.25
China GTQ 0.58 USD 0.076
Guatemala GTQ 2.29 USD 0.299
See what really changed 
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+14%
in CNY
22.4 → 25.5
22.4 → 25.5
vs
At today's rateUsing today's exchange rate
+5%
in GTQ
It rose 14% in local currency, but 5% in yours. Most of what you feel is the exchange rate, not China's inflation.