Iran said it will offer citizens a monthly cash handout equivalent to $7, in an effort to end deadly protests now entering their 10th day.
A currency collapse and surging inflation have squeezed living standards, with protests having erupted in 27 out of Iran’s 31 provinces; at least 35 are dead, including four children. Demonstrators have called for political change, with chants of “freedom” and “death to the dictator,” a sign of mounting anger toward the regime itself.
US President Donald Trump threatened Tehran with reprisals if more protesters die. Iran’s president fell short of making political concessions, instead pledging tax cuts and modest handouts, a move which itself underlined the government’s limited fiscal capacity.
The GDP per capita in Iran is USD 5,800 with GDP per capita PPP ~16,200.
Official inflation rate has been further rising in 2025 reaching almost 50% year-on-year.
What’s PPP?
Purchasing Power Parity.
It’s a method that adjusts a country’s GDP to its local level of prices and living expenses. This makes it possible to compare the GDP across different countries. Comparing the countries’ nominal GDPs would be misleading as, simply speaking, earning 1,000 dollars in New York City or London has a different meaning than earning the same amount somewhere in the Global South where price levels are usually lower.