eFDeFinidata
Home/Inflation/Iran, Islamic Rep.
Iran, Islamic Rep. flag

Middle East, North Africa, Afghanistan & Pakistan

Iran, Islamic Rep. Inflation

Annual percentage change in consumer prices (CPI).

Latest Value

32.5%

As of 2024

YoY Change

-27.2%

2023 → 2024

Record High

49.7%

Recorded in 1995

Record Low

-0.4%

Recorded in 1966

10-Year Average

28.0%

2015–2024

Data Range

1960–2024

65 data points

Source

World Bank

Code: FP.CPI.TOTL.ZG

Historical Trend

19602024

Analysis

Iran's inflation rate of 32.46% in 2024 indicates a high level of price growth in the country. This inflation rate can be attributed to various factors, including monetary policy, economic sanctions, and fluctuations in global commodity prices. The Iranian government faces challenges in managing inflation while promoting economic growth and stability.

Historical Data

ValueYoY ChangeChange %
202432.5%12.1%-27.2%
202344.6%1.1%+2.5%
202243.5%0.1%+0.2%
202143.4%12.8%+41.8%
202030.6%9.3%-23.3%
201939.9%21.9%+121.5%
201818.0%10.0%+123.9%
20178.0%0.8%+11.0%
20167.2%5.2%-42.0%
201512.5%4.1%-24.8%

Source: World Bank Open Data · 1960–2024