The statistic shows the unemployment rate in India from 1999 to 2024. In 2024, the unemployment rate in India was estimated to be 4.2 percent. India's economy in comparison to other BRIC states India possesses one of the fastest-growing economies in the world and as a result, India is recognized as one of the G-20 major economies as well as a member of the BRIC countries, an association that is made up of rapidly growing economies. As well as India, three other countries, namely Brazil, Russia and China, are BRIC members. India’s manufacturing industry plays a large part in the development of its economy; however its services industry is the most significant economical factor. The majority of the population of India works in this sector. India’s notable economic boost can be attributed to significant gains over the past decade in regards to the efficiency of the production of goods as well as maintaining relatively low debt, particularly when compared to the total amount earned from goods and services produced throughout the years. When considering individual development as a country, India progressed significantly over the years. However, in comparison to the other emerging countries in the BRIC group, India’s progress was rather minimal. While China experienced the most apparent growth, India’s efficiency and productivity remained somewhat stagnant over the course of 3 or 4 years. India also reported a rather large trade deficit over the past decade, implying that its total imports exceeded its total amount of exports, essentially forcing the country to borrow money in order to finance the nation. Most economists consider trade deficits a negative factor, especially in the long run and for developing or emerging countries.

This layer shows Socio- Economic Profiles and Inter-State Comparison of Selected Major States of IndiaData source Url: https://www.indiabudget.gov.in/economicsurvey/doc/stat/tab89a.pdfSource: Office of Registrar General of India(RGI). Andhra Pradesh excludes Telangana for Sex ratio at birthNITI Aayog, Figures in parenthesis are rank amongst the selected 20 States Press Note on Poverty Estimates 2011-12, Government of India (2013)School Education in India, U-DISE + 2019-20 (Provisional)CSO, GSDP at constant prices and per capita income is at current prices ( Base Year 2011-12)National Statistical Office (NSO), Monthly per capita expenditure (MPCE) is based on mixed modified recall period,Periodic Labour Force Survey, 2019-20 (NSO); WPR (Worker Participation Rate) and Unemployment Rate are based on Usual Principal & Subsidiary Status (UPSS). This web layer is offered by Esri India, for ArcGIS Online subscribers. If you have any questions or comments, please let us know via content@esri.in.Note: Transition Rate: The number of new entrants admitted to the first grade of the next stage of school education in a given year, expressed as a percentage of number of pupils enrolled in the final grade of the current stage of school education in the previous year.

Goal 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for allGlobal unemployment increased from 170 million in 2007 to nearly 202 million in 2012, of which about 75 million are young women and men.Nearly 2.2 billion people live below the US$2 poverty line and poverty eradication is only possible through stable and well-paid jobs.470 million jobs are needed globally for new entrants to the labour market between 2016 and 2030.Small and medium-sized enterprises that engage in industrial processing and manufacturing are the most critical for the early stages of industrialization and are typically the largest job creators. They make up over 90% of business worldwide and account for between 50-60% of employment.The unemployment rate in India is estimated to be approximately 5% at All India level (2013-14). India’s labour force is set to grow by more than 8 million per year.Data source: https://niti.gov.in/sites/default/files/SDG-India-Index-2.0_27-Dec.pdfPlease find detailed metadata here.This web layer is offered by Esri India, for ArcGIS Online subscribers, If you have any questions or comments, please let us know via content@esri.in.