Fact-check · Nov 2, 2026 · Donald Trump
“They have the highest inflation in the last fifteen years for any country, over 300% inflation”
FALSE
What the record shows
Iran's inflation reached 76.8% annually and 88.7% year-on-year as of October 2026 (Statistical Center of Iran); IMF projects 68.9% average for 2026. Venezuela's inflation (467.9%) is higher globally.
Claim overstates Iran's inflation by 3-4x. Iran's actual rate is ~77-89%, not over 300%. Also, Iran does not have highest global inflation; Venezuela does.
This figure differs by region.
Sources
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