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Fact-check · Oct 23, 2026 · Donald Trump

“They have inflation that's 301%. That's the highest in the world right now”

FALSESaid in 2 broadcasts
What the record shows
IMF projects Iran's 2026 inflation at 68.9%; Venezuela leads globally at 387.4% (IMF) or 465.58% year-on-year (Central Bank of Venezuela, September 2026).

The 301% figure does not match authoritative sources. Iran's inflation is projected at 68.9% by the IMF, not 301%. Venezuela, not Iran, has the world's highest inflation.

This figure differs by region.
Sources
▶ Watch the broadcast
From: President Trump Gaggles with Press Upon Departure from the White House, Oct. 23, 2026

Every time it was said

2 times, Oct 23, 2026 to Oct 28, 2026 · 2 false
NovOct 23, 2026 — FALSEOct 28, 2026 — FALSE
False
Oct 23, 2026This pageFALSE
Oct 28, 2026President Trump Gaggles with Press Upon Arrival at Joint Base Andrews, Oct. 28, 2026FALSE

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