Iran’s Labor Minister announced that there will be an increase of more than 60% in the minimum wage, local media reported yesterday Sunday (03/15/2026).
The increase in Iran’s minimum wage comes at a time of war and months after anti-government protests sparked by the country’s economic situation.
The country adjusts the minimum wage annually in line with inflation, which soared under the weight of international sanctions in the months leading up to the war that erupted over US and Israeli airstrikes on February 28.
The country has been adjusting the minimum wage annually in line with inflation.
According to Iran’s Tasnim news agency, which quoted the labor minister, “with the government’s approval,” the monthly minimum wage will rise from 103 million rials to 166 million rials during the next Persian year, which begins in a few days.
The government has also announced another similar increase in family allowances.
The Iranian currency is trading at about 1.47 million rials per dollar, according to the Bonbast website.
The protests erupted last December in response to the high cost of living and the devaluation of the national currency.
However, they quickly grew into a huge protest movement of unprecedented scale, calling for the fall of the regime, which has been in power since the 1979 Islamic Revolution.
The authorities violently suppressed the protests, killing thousands of people across the country, according to human rights groups.
