It was as high as 114% in May 2020. Your browser is not up-to-date. The African nation’s inflation rate jumped from 51% in 2019 to 81.3% this year. The IMF estimates its inflation rate to be 91.1% in 2021. But it turns out that the IMF isn’t the only one making finger-in-the-wind forecasts of hyperinflation. Unemployment at 12.4% The report is expecting the unemployment rate in Iran to stand at 12.4% in 2017 and 2018. IMF also predicted Iran's inflation rate would reach 34.2 percent, showing a considerable decline compared to the 41.1 percent for the year earlier.

Inflation, consumer prices (annual %) International Monetary Fund, International Financial Statistics and data files. In April 2018, Iran’s monthly inflation rate was 1.1 percent. 29th April 2019 . Projections for 2019, 2020 and 2024 are at 37.2%, 31.0% and 25% respectively By Staff Writer. The International Monetary Fund expects Iran's economy to further shrink to -9.5% in 2019 from an estimated -4.8% in 2018. The IMF estimates its inflation rate to be 91.1% in 2021.

According to IMF, the inflation rate in Iran stood at 41.1% in 2019. ISC also reported that the inflation rate in the past 12 months reached 30.6 percent. Iran Inflation Could Reach 40% This Year: IMF Estimates. As the rial depreciated, the monthly rate rose to a high of 7.1 percent in September. Inflation, consumer prices (annual %) International Monetary Fund, International Financial Statistics and data files. This is nearly 3 percent higher than an IMF forecast in April. It’s put the rate at 12.5% in 2016. This was the lowest inflation rate since July 2018, mainly due to a softer rise in prices of food & non-alcoholic beverages (10.7% vs 14.8% in March), the lowest since May 2018. In its Regional Economic Outlook report, IMF has also predicted that Iran’s GDP growth will decrease 1.5 percent and reach -3.6 percent in 2019. I measured Venezuela’s annual inflation rate on December 31, 2019, and it was 6,869 percent. In a report on Middle Eastern economies, released on Tuesday, November 13, the IMF predicted that US sanctions will reduce Iran’s economic output by 1.5% this year and 3.6% next year. The weak local currency contributed to high levels of inflation in Iran — which the World Bank said peaked at 52% in May 2019. Manuals, guides, and other material on statistical practices at the IMF, in member countries, and of the statistical community at large are also available. IMF says inflation rate in Iran in 2019 was 41.1 percent and in 2020 it will hover around 34.2 percent. IMF has predicted Iran’s economic growth in 2020 at -5.985 percent. Iran's central bank has offered the U.S. dollar at a subsidized rate for importers of essential goods such as pharmaceuticals, meat and wheat, spending nearly $25 billion on the program last year.

The International Monetary Fund (IMF) is projecting that Iran’s inflation rate will soar to over 40% by the end of the year, even though the economy is sinking into a deep recession. The Statistical Centre of Iran reported that the Consumer Price Index (CPI) 12-month rate of inflation for households stood at 42% in late October 2019. According to an International Monetary Fund senior official, inflation may reach 40 percent. In its Regional Economic Outlook report, IMF has also predicted that Iran’s GDP growth will decrease 1.5 percent and reach -3.6 percent in 2019.

Iran’s inflation rate rose sharply to over 30 percent in 2018 and was projected to rise another six percentage points before slowly starting to decline. The International Monetary Fund has predicted that Iran’s Inflation Rate will increase to over 30 percent due to United States sanctions. Iran currently has the world’s highest …

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