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Apple has completely changed the mobile-phone market with its line of iPhones. The smartphone has carved a huge pie of the market in many countries.
Let's take a look at the price of an iPhone 5 in various nations.
Source: Bloomberg Visual Data
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Brazil
Price of an iPhone 5 in dollars: $1,016.74
Price of an iPhone 5 in local currency: 2,339 Brazilian Real
Overall rank in price: 1
Brazil, one of the fastest growing economies in the world, has the highest price tag of an iPhone 5.
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Italy
Price of an iPhone 5 in dollars: $960.17
Price of an iPhone 5 in local currency: 729 Euro
Overall rank in price: 2
Italy, one of the most developed economies in the world, has a high per capita income.
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Finland
Price of an iPhone 5 in dollars: $929.05
Price of an iPhone 5 in local currency: 705 Euro
Overall rank in price: 3
Finland, one of the richest countries in the world, has a high per capita income.
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Belgium
Price of an iPhone 5 in dollars: $920.93
Price of an iPhone 5 in local currency: 699 Euro
Overall rank in price: 4
Belgium, one of the most developed economies in the world, has high standard of living.
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Portugal
Price of an iPhone 5 in dollars: $920.93
Price of an iPhone 5 in local currency: 699 Euro
Overall rank in price: 5
Portugal, which was hit hard by the 2008 global economic crisis, has one of the highest per capita incomes in the world.
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Denmark
Price of an iPhone 5 in dollars: $918.23
Price of an iPhone 5 in local currency: 5,199 Danish Krone
Overall rank in price: 6
Denmark, one of the wealthiest economies in the world, has high standard of living.
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Hungary
Price of an iPhone 5 in dollars: $914.11
Price of an iPhone 5 in local currency: 209,890 Hungarian Forint
Overall rank in price: 7
Hungary, a developed economy, has one of the highest price tags of an iPhone 5 in the world.
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Sweden
Price of an iPhone 5 in dollars: $905.48
Price of an iPhone 5 in local currency: 5,995 Swedish Krona
Overall rank in price: 8
Sweden, one of the richest nations, has a high per capita income.
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Russia
Price of an iPhone 5 in dollars: $894.79
Price of an iPhone 5 in local currency: 29,990 Russian Ruble
Overall rank in price: 9
Russia, which has one of the highest reserves of oil and gas, is one of the fastest growing economies in the world.
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Austria
Price of an iPhone 5 in dollars: $894.31
Price of an iPhone 5 in local currency: 679 Euro
Overall rank in price: 10
Austria, one of the wealthiest nations, has high standard of living.
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France
Price of an iPhone 5 in dollars: $894.31
Price of an iPhone 5 in local currency: 679 Euro
Overall rank in price: 11
France, which has a highly developed economy, is a major tourist destination.
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Germany
Price of an iPhone 5 in dollars: $894.31
Price of an iPhone 5 in local currency: 679 Euro
Overall rank in price: 12
Germany, one of the biggest economies in the world, is a major manufacturing centre.
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Ireland
Price of an iPhone 5 in dollars: $894.31
Price of an iPhone 5 in local currency: 679 Euro
Overall rank in price: 13
Ireland, which was hit hard by the 2008 global economic crisis, maintains high standard of living.
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The Netherlands
Price of an iPhone 5 in dollars: $890.36
Price of an iPhone 5 in local currency: 676 Euro
Overall rank in price: 14
The Netherlands, one of the richest countries, has a high per capita income.
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Spain
Price of an iPhone 5 in dollars: $881.14
Price of an iPhone 5 in local currency: 669 Euro
Overall rank in price: 15
Spain, which was hit hard by the 2008 global economic crisis, has one of the highest per capita incomes in the world.
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Poland
Price of an iPhone 5 in dollars: $877.72
Price of an iPhone 5 in local currency: 2,849 Polish Zloty
Overall rank in price: 16
Poland, which has the sixth-largest economy in the European Union, has a GDP of $799.2 billion.
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Luxembourg
Price of an iPhone 5 in dollars: $875.00
Price of an iPhone 5 in local currency: 664 Euro
Overall rank in price: 17
Luxembourg, one of the wealthiest nations in the world, is famous for its secretive banking sector.
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China
Price of an iPhone 5 in dollars: $864.00
Price of an iPhone 5 in local currency: 5,288 Chinese Yuan
Overall rank in price: 18
China, the fastest growing economy in the world, is a major manufacturing centre.
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Norway
Price of an iPhone 5 in dollars: $854.73
Price of an iPhone 5 in local currency: 5,190 Norwegian Krone
Overall rank in price: 19
Norway, which has huge reserves of oil and gas, is one of the richest nations.
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The Czech Republic
Price of an iPhone 5 in dollars: $847.60
Price of an iPhone 5 in local currency: 16,627 Czech Republic Koruna
Overall rank in price: 20
The Czech Republic, which has a GDP of $286.7 billion, is one of the most developed economies in central and eastern Europe.
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The United Kingdom
Price of an iPhone 5 in dollars: $823.49
Price of an iPhone 5 in local currency: 529 British Pound Sterling
Overall rank in price: 21
The United Kingdom, one of the biggest financial centres in the world, maintains high per capita income.
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New Zealand
Price of an iPhone 5 in dollars: $817.80
Price of an iPhone 5 in local currency: 1,049 New Zealand Dollar
Overall rank in price: 22
New Zealand, one of the richest countries in the world, is a major tourist destination.
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South Korea
Price of an iPhone 5 in dollars: $810.64
Price of an iPhone 5 in local currency: 890,000 South Korean Won
Overall rank in price: 23
South Korea, one of the wealthiest nations in the world, is a major exporter of electronics and automobiles.
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Mexico
Price of an iPhone 5 in dollars: $791.04
Price of an iPhone 5 in local currency: 10,599 Mexican Peso
Overall rank in price: 24
Mexico, which carries out most of its trade with the United States, is seeing an increase in economic growth.
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Switzerland
Price of an iPhone 5 in dollars: $778.60
Price of an iPhone 5 in local currency: 729 Swiss Franc
Overall rank in price: 25
Switzerland, one of the richest countries in the world, is also a very expensive nation.