Inflation, CPI (Average) rose to 29.6% in Iran in 2018

Inflation, CPI (Average) (%)
Economy | Iran | May 17, 2019
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Average inflation measured by CPI reached 29.6 % in 2018 in Iran, according to the National Statistical Office. This is 29503 % more than in the previous year.

Historically, average inflation measured by CPI in Iran reached an all time high of 29.6 % in 2018 and an all time low of -0.004 % in 1966. When compared to Iran's main peers, average inflation measured by CPI in Iraq amounted to 2.00 %, 3.93 % in Pakistan and 9.45 % in Turkmenistan in 2018.

Iran has been ranked 6th within the group of 174 countries we follow in terms of average inflation measured by CPI, 11 places above the position seen 10 years ago.

Inflation as measured by the consumer price index (CPI) 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.

Inflation, CPI (Average) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Afghanistan % 0.050% 3.00% 4.00% 5.04% 5.00%
China % 0.016% 2.19% 2.38% 2.65% 2.80%
India % 0.025% 4.74% 4.89% 4.57% 4.26%
Iran % 0.100% 29.6% 34.1% 24.2% 17.5%
Iraq % 0.002% 2.00% 2.00% 2.00% 2.00%
Kazakhstan % 0.074% 6.41% 5.57% 4.60% 4.01%
Kuwait % 0.022% 0.800% 3.00% 3.60% 3.20%
Pakistan % 0.041% 3.93% 7.48% 6.47% 5.00%
Saudi Arabia % -0.008% 2.60% 2.02% 2.25% 2.17%
Syria % ... ... ... ... ... ... ... ...
Turkmenistan % 8.04% 9.45% 8.24% 6.00% 6.00%
Uzbekistan % 12.5% 19.2% 14.9% 12.6% 10.0%