Development of inflation rates in Iran
The inflation rate for consumer prices in Iran moved over the past 40 years between 4.4% and 49.7%. For 2019, an inflation rate of 39.9% was calculated.
During the observation period from 1979 to 2019, the average inflation rate was 20.0%
per year. Overall, the price increase was 131,999.34 %. An item that cost 100 Rial in 1979 was so charged 132,099.34 Rial in the beginning of 2020.
In only a very few countries, the price increase is that high. The rate of 49.7% in 1995 means, that compared to the previous year all prices have been increased by an average of 49.7%. In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Back to overview: Iran