The iPhone 15 Index

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How much of a yearly salary you need to spend to afford an iPhone 15 around the world

Region: All
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  1. Myanmar
    89.97%
  2. Pakistan
    65.94%
  3. Nigeria
    65.83%
  4. Kenya
    61.42%
  5. Bangladesh
    55.79%
  6. Tunisia
    53.04%
  7. Morocco
    49.54%
  8. Egypt
    46.29%
  9. Namibia
    44.60%
  10. El Salvador
    41.88%
  11. Vietnam
    39.18%
  12. India
    38.60%
  13. Indonesia
    35.83%
  14. Armenia
    34.63%
  15. Sri Lanka
    33.59%
  16. Philippines
    33.39%
  17. Lebanon
    32.09%
  18. Argentina
    30.15%
  19. Colombia
    29.55%
  20. Peru
    28.83%
  21. Turkey
    27.52%
  22. Brazil
    27.34%
  23. Albania
    27.02%
  24. South Africa
    25.47%
  25. Bosnia and Herzegovina
    23.30%
  26. Serbia
    21.21%
  27. Mexico
    19.24%
  28. Montenegro
    17.75%
  29. Thailand
    17.06%
  30. Kazakhstan
    15.58%
  31. Bulgaria
    14.01%
  32. Uruguay
    13.67%
  33. Malaysia
    13.33%
  34. China
    11.58%
  35. Costa Rica
    11.46%
  36. Chile
    10.82%
  37. Trinidad and Tobago
    10.63%
  38. Croatia
    9.78%
  39. Romania
    9.37%
  40. Hungary
    9.28%
  41. Poland
    8.70%
  42. Latvia
    8.51%
  43. Greece
    8.24%
  44. Slovakia
    7.26%
  45. Lithuania
    6.93%
  46. Czech Republic
    6.50%
  47. Portugal
    6.43%
  48. Saudi Arabia
    6.15%
  49. Estonia
    6.03%
  50. Slovenia
    6.03%
  51. Cyprus
    5.19%
  52. Spain
    4.83%
  53. Italy
    4.28%
  54. South Korea
    3.95%
  55. France
    3.46%
  56. Kuwait
    3.31%
  57. New Zealand
    3.06%
  58. Belgium
    3.02%
  59. UAE
    2.93%
  60. UK
    2.91%
  61. Israel
    2.87%
  62. Japan
    2.87%
  63. Finland
    2.81%
  64. Germany
    2.81%
  65. Canada
    2.79%
  66. Austria
    2.78%
  67. Iceland
    2.70%
  68. Taiwan
    2.70%
  69. Ireland
    2.68%
  70. Qatar
    2.61%
  71. Australia
    2.60%
  72. Netherlands
    2.60%
  73. Sweden
    2.57%
  74. Singapore
    2.40%
  75. Denmark
    2.26%
  76. Norway
    2.21%
  77. USA
    1.69%
  78. Switzerland
    1.58%
  79. Luxembourg
    1.55%
Region: All
Reset
  1. Myanmar
    89.97%
  2. Pakistan
    65.94%
  3. Nigeria
    65.83%
  4. Kenya
    61.42%
  5. Bangladesh
    55.79%
  6. Tunisia
    53.04%
  7. Morocco
    49.54%
  8. Egypt
    46.29%
  9. Namibia
    44.60%
  10. El Salvador
    41.88%
  11. Vietnam
    39.18%
  12. India
    38.60%
  13. Indonesia
    35.83%
  14. Armenia
    34.63%
  15. Sri Lanka
    33.59%
  16. Philippines
    33.39%
  17. Lebanon
    32.09%
  18. Argentina
    30.15%
  19. Colombia
    29.55%
  20. Peru
    28.83%
  21. Turkey
    27.52%
  22. Brazil
    27.34%
  23. Albania
    27.02%
  24. South Africa
    25.47%
  25. Bosnia and Herzegovina
    23.30%
  26. Serbia
    21.21%
  27. Mexico
    19.24%
  28. Montenegro
    17.75%
  29. Thailand
    17.06%
  30. Kazakhstan
    15.58%
  31. Bulgaria
    14.01%
  32. Uruguay
    13.67%
  33. Malaysia
    13.33%
  34. China
    11.58%
  35. Costa Rica
    11.46%
  36. Chile
    10.82%
  37. Trinidad and Tobago
    10.63%
  38. Croatia
    9.78%
  39. Romania
    9.37%
  40. Hungary
    9.28%
  41. Poland
    8.70%
  42. Latvia
    8.51%
  43. Greece
    8.24%
  44. Slovakia
    7.26%
  45. Lithuania
    6.93%
  46. Czech Republic
    6.50%
  47. Portugal
    6.43%
  48. Saudi Arabia
    6.15%
  49. Estonia
    6.03%
  50. Slovenia
    6.03%
  51. Cyprus
    5.19%
  52. Spain
    4.83%
  53. Italy
    4.28%
  54. South Korea
    3.95%
  55. France
    3.46%
  56. Kuwait
    3.31%
  57. New Zealand
    3.06%
  58. Belgium
    3.02%
  59. UAE
    2.93%
  60. UK
    2.91%
  61. Israel
    2.87%
  62. Japan
    2.87%
  63. Finland
    2.81%
  64. Germany
    2.81%
  65. Canada
    2.79%
  66. Austria
    2.78%
  67. Iceland
    2.70%
  68. Taiwan
    2.70%
  69. Ireland
    2.68%
  70. Qatar
    2.61%
  71. Australia
    2.60%
  72. Netherlands
    2.60%
  73. Sweden
    2.57%
  74. Singapore
    2.40%
  75. Denmark
    2.26%
  76. Norway
    2.21%
  77. USA
    1.69%
  78. Switzerland
    1.58%
  79. Luxembourg
    1.55%

Myanmar is the least affordable country worldwide to buy the iPhone 15. A Burmese citizen needs to spend 89.97% of their yearly salary to purchase the base model iPhone 15 128GB.

This is approximately 1,871.28 hours of work, or 233.91 days of work.

In terms of price, Myanmar is the 9th most expensive country in the world for an iPhone 15, with the base model iPhone 15 128GB totalling $1,428.29 USD after taxes.

The most expensive model, the iPhone 15 Pro Max 1TB, costs $2,858.37 - 180.04% of a yearly salary.

Model: iPhone 15 128GB
Metric: Percent of yearly salary
Myanmar: 89.97% of yearly salary

iPhone 15 price data from Apple Authorised Resellers in Myanmar. Includes total sales taxes.

Yearly salary data based on $1,587.60 median yearly salary in Myanmar.

Yearly median salary data sourced from Our World in Data, The World Bank DataBank and Burmese government / ministry data.

Work hours and work days calculations assume 8 hour shifts for 5 days per week.

Infographics

We have two infographics for the above data: World and Europe.

World iPhone 15 Index
Europe iPhone 15 Index Europe

Least affordable: Myanmar

Perhaps surprisingly, Myanmar is the least affordable country in the world to purchase an iPhone 15.

A declining median salary due to political instability, together with high import taxes and a diminishing currency, means an average Burmese citizen needs to spend a whopping 89.97% of their yearly salary to purchase the base model iPhone 15.

Most affordable: Luxembourg

For the second year in a row, Luxembourg is the most affordable country in the world to purchase the latest iPhone.

With one of the highest median salaries in the world, coupled with a relatively low tax rate, it should come at no surprise that a Luxembourger only needs to dish out 1.55% of their yearly salary to get their hands on an iPhone 15.

Most expensive: Argentina

Last year, we left Argentina out of the iPhone 14 index, as extreme hyperinflation made it incredibly ambiguous to work out the true value of the Argentine Peso.

However, after listening to feedback, we’ve included Argentina this year, using the informal ‘Blue Dollar’ rate.

We’ve concluded that Argentina is the most expensive country in the world to purchase an iPhone 15, coming in at a whopping $2,048.27 after taxes - but by the time we’ve written this paragraph, the price has probably doubled! (We’re being hyperbolic, of course…probably.)

With all being said, Argentina is still only the 18th least affordable country to purchase an iPhone 15, upheld by a relatively decent median salary compared to poorer developing countries.

Least expensive: China

Japan has just about lost its crown to China as the least expensive country to purchase the latest iPhone, dropping to second place.

The entry level iPhone 15 in China only costs $825.19 after taxes. Given that the majority of iPhones are made in China itself, this shouldn’t come as much of a surprise, since there are no domestic import / export taxes for consumers to bear.

India vs Pakistan disparity

Although India and Pakistan have fairly similar median salaries with comparable standards of living, the two South Asian giants tell a different story when it comes to the affordability of the latest iPhone 15.

Pakistan is the 2nd least affordable country in the world to purchase an iPhone 15, with the average citizen needing to pay 65.94% of their yearly salary to get their hands on Apple’s newest device.

On the other hand, albeit still very high, an average Indian needs to spend 38.60% of their yearly salary for the iPhone 15.

There are several reasons that can explain the disparity, despite the similar salary and same geographic location.

The most prominent reason is that the iPhone 15 will be made in India itself, and sold directly by Apple. The Californian company has bet on India as the next manufacturing giant after China, and has opened 2 official Apple stores in the last couple of years, with more planned.

On the other hand, Apple’s presence in Pakistan is only through authorised Apple resellers, who have to rely on extremely high import taxes, particularly for high-end technology goods such as the iPhone 15. Additional logistic costs also need to be considered.

Furthermore, a weaker Pakistani Rupee compared to the Indian Rupee has had a particular negative effect on the affordability of tech products.

Nevertheless, the iPhone 15 is still far too expensive for an average citizen of either country to afford. iOS has roughly a 4% market share in each country, with Indians and Pakistanis opting for cheaper Android alternatives instead. However, Apple's market share is slowing growing in both countries, with India pulling ahead.

Compare the cheapest iPhone 15 deals

CompareDial is an Ofcom approved comparison website for mobile phone contracts and SIM only deals in the UK.

We compare the cheapest iPhone 15 deals, starting from free upfront.

Following in the footsteps of the iPhone 14, the iPhone 15 remains one of the best selling phones in the UK.