Iran, Islamic Rep.: Inflation, GDP deflator (annual %)
In , Iran, Islamic Rep.'s Inflation, GDP deflator (annual %) was 28.37.
That's down 23.9% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Iran, Islamic Rep. ranks #8 globally out of 193 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #2 of 19.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 55.86
- Trough
- 0.20
- 1-year change
- -23.9%
- 5-year change
- -8.3%
- -1.7% / yr
- 10-year change
- +190.7%
- +11.3% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 28.3706 | |
| 37.2937 | |
| 51.0777 | |
| 55.8630 | |
| 46.5768 | |
| 30.9339 | |
| 32.9114 | |
| 12.7876 | |
| 14.0650 | |
| 0.1970 |
About Inflation, GDP deflator (annual %)
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Indicator code: NY.GDP.DEFL.KD.ZG • Category: Economy
Frequently asked questions
- What was Iran, Islamic Rep.'s Inflation, GDP deflator (annual %) in 2024?
- In 2024, Iran, Islamic Rep.'s Inflation, GDP deflator (annual %) was 28.37, according to World Bank Open Data.
- Is Iran, Islamic Rep.'s Inflation, GDP deflator (annual %) rising or falling?
- Iran, Islamic Rep.'s Inflation, GDP deflator (annual %) fell 23.9% from 2023 to 2024.
- How does Iran, Islamic Rep. rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Iran, Islamic Rep. ranked #8 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Iran, Islamic Rep.'s Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Iran, Islamic Rep. is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #2 of 19.
- What is Inflation, GDP deflator (annual %) and how is it measured?
- Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.