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Inflation Rate in Iran increased to 38.90 percent in April from 37.10 percent in March of 2025. This dataset provides the latest reported value for - Iran Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Iran’s inflation rate rose sharply to 34.79 percent in 2019 and was projected to rise another 14 percentage points before slowly starting to decline. Given the recent sanctions by the United States regarding the nuclear deal, this number has both political and economic implications. Political implications President Hassan Rouhani won the 2017 election based on economic promises, many stemming from the Joint Comprehensive Plan of Action (JCPOA), commonly known as the Iran Nuclear Deal. Lifting these sanctions opened the Iranian economy to many opportunities, including the chance to benefit from increased oil exports. The JCPOA was an integral part of the Rouhani campaign, so any economic hardship that is linked to the deal will likely be blamed on the president. Economic implications High inflation leads to high interest rates, which leads to less borrowing. Less borrowing means less investment, which slows economic growth. This slower growth often leads to higher inflation, which is what economists call an inflationary spiral. As such, Iran will have difficulty achieving substantial GDP growth until inflation returns to manageable rates.
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Historical chart and dataset showing Iran inflation rate by year from 1960 to 2023.
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The Consumer Price Index in Iran increased 2.70 percent in May of 2025 over the previous month. This dataset provides - Iran Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.
As of 2021, the consumer price inflation for Iran was 40.1 percent. The consumer price inflation for Iran was projected to stay almost the same in 2023. The overall projection of the consumer price inflation for the entire Middle East and North Africa was on average 12.4 percent.
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Graph and download economic data for Consumer Price Inflation for Iran, Islamic Republic of (IRNPCPIPCHPT) from 2000 to 2025 about Iran, consumer prices, REO, consumer, inflation, and rate.
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Cost of food in Iran increased 41.50 percent in May of 2025 over the same month in the previous year. This dataset provides - Iran Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Iran: Inflation forecast: The latest value from 2030 is 25 percent, unchanged from 25 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Iran from 1990 to 2030 is 24.36 percent. The minimum value, 7.14 percent, was reached in 2017 while the maximum of 54.07 percent was recorded in 2022.
Inflation rate (GDP deflator) of Iran plummeted by 39.72% from 50.6 % in 2022 to 30.5 % in 2023. Since the 27.23% surge in 2021, inflation rate (GDP deflator) sank by 45.86% in 2023. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
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Inflation, GDP deflator: linked series (annual %) in Iran was reported at 30.49 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Iran - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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Iran IR: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 8.097 % in 2017. This records an increase from the previous number of 1.607 % for 2016. Iran IR: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 16.644 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 57.295 % in 1974 and a record low of -5.429 % in 1961. Iran IR: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iran – Table IR.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;
Iran’s gross domestic product (GDP) inclined by 3.33 percent in 2020 after adjusting for inflation. This figure fell from 13.4 percent growth four years ago, which had been a reaction to sanctions lifting after the Joint Comprehensive Plan of Action (JPCOA) regarding Iran’s nuclear program. United States president Donald Trump ended that country’s participation in the deal, imposing new sanctions.
Political influence on the economy
Political tensions have hampered the economy of Iran, keeping growth low in spite of the country’s considerable oil reserves. The effect of these sanctions becomes obvious when looking at Iran’s oil exports to Europe over the past decade. Some analysts have blamed the new sanctions for the increase in Iran’s inflation rate, as well as the currency depreciation that has accompanied it.
Iran’s options
Although Iran’s main export partners are largely in Asia, many of the transactions are carried out using U.S. dollars. Even though other means of payment are possible, some countries worry about political ramifications of continuing trade relations with Iran. Iran’s greatest strength at the moment may be its low national debt, meaning that it can borrow a substantial amount of money if it can find a willing lender. However, given the instability of the political situation worldwide and regionally, it is difficult to assume that such a borrower exists at the moment.
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Key information about Iran Consumer Price Index CPI growth
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Currently, a major concern of the Iranian economy is high inflation. Increasing prices of basic goods, and their increase in wages do not follow. At the same time the unemployment rate has raised. The following data set present the inflation rate between 2010-2020 (forecast).
This statistic shows the unemployment rate of Iran from 1999 to 2024. In 2024, Iran's unemployment rate was estimated to amount to 9.19 percent of the total labor force. Employment and economy in Iran Iran’s unemployment rate has been above 10 percent for the last 10 years, and this rate is estimated to have peaked in 2014, when estimates reached 14 percent. Also, many of those who are considered employed in Iran are also considered underemployed. Unemployment in Iran is especially high among young people and women; over 70 percent of the population’s close to 80 million inhabitants are of working age, increasing the overall demand of these inhabitants for work. Iran’s economy has also been in a recession, which has exacerbated the difficulties to meet the employment demands of its inhabitants. Although the economy is expected to recover slightly in 2014, Iran's GDP is expected to decrease and the real GDP growth rate is either negative or quite low. In times of a struggling economy, it is typically more difficult to create jobs and introduce people to the labor force. Because Iran's economic activity still depends to a large extent on oil revenues, this also reduces the stability of the economy and employment. With a decreasing per capita GDP and a high inflation rate people are also more vulnerable to changes in income and employment, making the unemployment a pressing issue that the country will have to manage.
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Consumer Price Index CPI in Iran increased to 336.90 points in May from 328.10 points in April of 2025. This dataset provides - Iran Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Iran, République islamique d’ was 38.58 pour cent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 40.18 pour cent. Compared to a year ago,...
This statistic shows the average inflation rate in the MENA countries in 2023. MENA stands for Middle East and North Africa. In 2023, the average inflation rate in Algeria amounted to about **** percent compared to the previous year.
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Iran IR: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 5,400.000 USD in 2018. This records a decrease from the previous number of 5,470.000 USD for 2017. Iran IR: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 2,140.000 USD from Mar 1963 (Median) to 2018, with 52 observations. The data reached an all-time high of 7,050.000 USD in 2013 and a record low of 210.000 USD in 1963. Iran IR: GDP: USD: Gross National Income per Capita: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iran – Table IR.World Bank: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
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This scatter chart displays inflation (annual %) against birth rate (per 1,000 people) in Iran. The data is about countries per year.
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Inflation Rate in Iran increased to 38.90 percent in April from 37.10 percent in March of 2025. This dataset provides the latest reported value for - Iran Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.