Unemployment Rate in India remained unchanged at 5.20 percent in October. This dataset provides - India Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

As per the Periodic Labour Force Survey of 2024, the unemployment rate among individuals with secondary education and above was 7.1 percent, the highest among other levels of education. Although the unemployment rate within this category fell from the previous financial year. Potential of the education sectorIndia's education sector is estimated to be valued at around 117 billion U.S. dollars, and it is expected to grow to 225 billion U.S. dollars by 2025. It is a growing trend for many young Indians to attain two or three degrees in the hope of attaining a job. One of the largest young populations in the world presents a unique opportunity for the country in the education sector. Educated unemployed Youth unemployment in India was over 15 percent in 2023. This is despite the abundance of highly educated professionals. The data suggests a sharp mismatch between the skills of the labor force and job creation. The lack of jobs in the non-farm sector for the newly graduated young population is a major cause of worry for the Indian economy.

In 2024, the estimated youth unemployment rate in India was at 16.03 percent. According to the source, the data are ILO estimates. For the past decade, India’s youth unemployment rate has been hovering around the 22 percent mark. What is the youth unemployment rate?The youth unemployment rate refers to those in the workforce who are aged 15 to 24 years and without a job, but actively seeking one. Generally, youth unemployment rates are higher than the adult unemployment rates, and India is no exception: youth unemployment in India is significantly higher than the national unemployment rate. The Indian workforce, young and oldIndia’s unemployment rate in general is not remarkably high when compared to those of other countries. Both India’s unemployment rate and youth unemployment rate are below their global equivalents. In a comparison of the Asia-Pacific region countries, India ranks somewhere in the middle, with Cambodia’s unemployment rate being estimated to be below one percent, and Afghanistan’s the highest at 8.8 percent.

Graph and download economic data for Youth Unemployment Rate for India (SLUEM1524ZSIND) from 1991 to 2024 about 15 to 24 years, India, unemployment, and rate.

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.

Historical dataset showing India unemployment rate by year from 1991 to 2024.

Actual value and historical data chart for India Unemployment Total Percent Of Total Labor Force

Unemployment Rate in India - nationwide, state-wise, rural and urban employment, and comparison with global peers.

Historical dataset showing India youth unemployment rate by year from 1991 to 2024.

In the financial year 2024, the unemployment rate in India was the highest among Sikhs, at *** percent. The unemployment rate was the lowest among Christians during the period. The unemployment rate has risen across all religions since the last financial year.

Actual value and historical data chart for India Unemployment Youth Total Percent Of Total Labor Force Ages 15 24

Unemployment Rate: India's unemployment rate has been a significant concern, with fluctuations over the years. As of my last knowledge update in January 2022, the unemployment rate was around 6-7%.

Rural-Urban Disparities: Unemployment is often higher in rural areas compared to urban areas, where there are more employment opportunities.

Youth Unemployment: India has a significant issue of youth unemployment. A large portion of the population is under the age of 30, and providing employment opportunities for this demographic is a challenge.

Underemployment: Many individuals in India are also affected by underemployment, where they are employed in jobs that are below their skill levels and pay less than their qualifications.

Informal Sector: A substantial portion of India's workforce is engaged in the informal sector, which lacks job security and social benefits.

Gender Disparities: There are notable gender disparities in unemployment rates, with women often facing higher rates of unemployment compared to men.

Education and Unemployment: Higher education levels do not always guarantee employment in India, leading to a mismatch between skills and job opportunities.

Government Initiatives: The Indian government has launched various schemes and initiatives to address unemployment, such as the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and the Skill India program.

COVID-19 Impact: The COVID-19 pandemic had a significant impact on employment, leading to job losses and economic challenges.

Dataset of the India Annual Unemployment Rate, including historical data, latest releases, and long-term trends from 1991-12-31 to 2024-12-31. Available for free download in CSV format.

With an unemployment rate of 14.1 percent, the urban areas of Himachal Pradesh had the highest unemployment rate in financial year 2023, followed by Andaman & Nicobar Islands. However, urban women had a higher unemployment rate than rural women in the country.

Unemployment, female (% of female labor force) (modeled ILO estimate) in India was reported at 4.376 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Unemployment, female - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

From the second quarter of 2022, France was the country of those included in the chart with the highest unemployment rates. During the first quarter of 2024, the European country registered an unemployment rate of **** percent. In the same quarter, Japan had the lowest unemployment rates of the countries included. China does not release quarterly unemployment rate statistics anymore. Monthly unemployment data can be found here.

Unemployment, youth male (% of male labor force ages 15-24) (national estimate) in India was reported at 15 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Unemployment, youth male (% of male labor force ages 15-24) (national estimate) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

The statistic shows the unemployment rates in major industrial and emerging countries in 2024. In India, the estimated unemployment rate in 2024 was at 4.3 percent.

Unemployment rates in the selected OECD member countries are forecast to vary from *** percent in Japan to nearly ** percent in Spain in 2024. In 2025, the unemployment rate was forecast to decrease marginally in both countries.

This dataset provides values for UNEMPLOYMENT RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.