Iran Inflation Rate 1960-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Iran inflation rate for 2023 was 44.58%, a 1.09% increase from 2022.
  • Iran inflation rate for 2022 was 43.49%, a 0.1% increase from 2021.
  • Iran inflation rate for 2021 was 43.39%, a 12.79% increase from 2020.
  • Iran inflation rate for 2020 was 30.59%, a 9.31% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 221.34%
Turkey 53.86%
Iran 44.58%
Kazakhstan 14.73%
Serbia 12.37%
Colombia 11.74%
Romania 10.40%
Bulgaria 9.44%
North Macedonia 9.36%
Algeria 9.32%
Azerbaijan 8.79%
Montenegro 8.58%
Samoa 8.12%
Mauritius 7.05%
Jamaica 6.47%
Peru 6.46%
Tonga 6.35%
Guatemala 6.21%
South Africa 6.07%
Namibia 5.88%
Mexico 5.53%
Botswana 5.07%
Belarus 5.00%
Dominican Republic 4.79%
Paraguay 4.63%
Brazil 4.59%
St. Vincent and the Grenadines 4.56%
Belize 4.39%
St. Lucia 4.07%
Gabon 3.63%
Dominica 3.48%
Maldives 2.93%
Guyana 2.82%
Grenada 2.70%
Malaysia 2.49%
Libya 2.37%
Ecuador 2.22%
Jordan 2.08%
Armenia 1.98%
Thailand 1.23%
Costa Rica 0.53%
China 0.23%
Iran Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 44.58% 1.09%
2022 43.49% 0.10%
2021 43.39% 12.79%
2020 30.59% -9.31%
2019 39.91% 21.89%
2018 18.01% 9.97%
2017 8.04% 0.80%
2016 7.25% -5.24%
2015 12.48% -4.12%
2014 16.61% -20.00%
2013 36.60% 9.35%
2012 27.26% 0.96%
2011 26.29% 16.20%
2010 10.09% -3.46%
2009 13.55% -11.86%
2008 25.41% 8.07%
2007 17.34% 7.33%
2006 10.02% -3.42%
2005 13.43% -1.33%
2004 14.76% -1.71%
2003 16.47% 2.13%
2002 14.34% 3.06%
2001 11.27% -3.20%
2000 14.48% -5.59%
1999 20.07% 2.20%
1998 17.87% 0.52%
1997 17.35% -11.59%
1996 28.94% -20.72%
1995 49.66% 18.21%
1994 31.45% 10.24%
1993 21.20% -4.61%
1992 25.81% 8.68%
1991 17.13% 9.50%
1990 7.63% -14.72%
1989 22.35% -6.32%
1988 28.67% 0.10%
1987 28.57% 10.14%
1986 18.43% 14.04%
1985 4.39% -8.15%
1984 12.54% -7.20%
1983 19.74% 1.05%
1982 18.69% -5.51%
1981 24.20% 3.56%
1980 20.64% 10.16%
1979 10.49% -1.23%
1978 11.72% -15.57%
1977 27.29% 16.03%
1976 11.26% -1.62%
1975 12.88% -1.37%
1974 14.25% 4.43%
1973 9.82% 3.42%
1972 6.40% 2.20%
1971 4.20% 2.53%
1970 1.67% -1.93%
1969 3.59% 2.90%
1968 0.69% -0.91%
1967 1.60% 1.99%
1966 -0.39% -2.54%
1965 2.15% -1.66%
1964 3.81% 3.44%
1963 0.37% -0.35%
1962 0.72% -2.44%
1961 3.16% -6.66%
1960 9.82% -6.66%