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In 2017, inflation rate (GDP deflator) for Iran was 12.2 %. Since 1968, inflation rate (GDP deflator) of Iran fluctuated between a low of -2.9 % in 1969 and a high of 57.3 % in 1974 averaging at 19.8 between 1968 and 2017.The description is composed by our digital data assistant.
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.