Iran Inflation Rate 1960-2023

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 2021 was 43.39%, a 12.79% increase from 2020.
  • Iran inflation rate for 2020 was 30.59%, a 9.31% decline from 2019.
  • Iran inflation rate for 2019 was 39.91%, a 21.89% increase from 2018.
  • Iran inflation rate for 2018 was 18.01%, a 9.97% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 154.76%
Suriname 59.12%
Iran 43.39%
Turkey 19.60%
Belarus 9.46%
Brazil 8.30%
Dominican Republic 8.24%
Kazakhstan 8.04%
Botswana 7.24%
Algeria 7.23%
Armenia 7.18%
Russia 6.69%
Azerbaijan 6.65%
Iraq 6.04%
Jamaica 5.86%
Mexico 5.69%
Tonga 5.64%
Romania 5.05%
Guyana 5.03%
Paraguay 4.79%
South Africa 4.61%
Peru 4.27%
Guatemala 4.26%
Serbia 4.09%
Mauritius 4.03%
Namibia 3.62%
Colombia 3.50%
Bulgaria 3.30%
Belize 3.24%
North Macedonia 3.23%
Samoa 3.13%
Malaysia 2.48%
Montenegro 2.41%
St. Lucia 2.41%
Albania 2.04%
Bosnia 1.98%
Costa Rica 1.73%
St. Vincent and the Grenadines 1.57%
Jordan 1.35%
Thailand 1.23%
Grenada 1.22%
Gabon 1.09%
China 0.98%
Maldives 0.54%
Fiji 0.16%
Ecuador 0.13%
Equatorial Guinea -0.10%
Iran Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%