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Unemployment Rate in India decreased to 8.20 percent in January from 8.30 percent in December of 2024. This dataset provides - India Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The statistic shows the unemployment rate in India from 1999 to 2023. In 2023, the unemployment rate in India was estimated to be 4.17 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.
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Graph and download economic data for Youth Unemployment Rate for India (SLUEM1524ZSIND) from 1991 to 2023 about 15 to 24 years, India, unemployment, and rate.
In 2023, the estimated youth unemployment rate in India was at 15.67 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.
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Key information about India Unemployment Rate
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.
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India Unemployment Rate: Rural data was reported at 5.300 % in 2018. India Unemployment Rate: Rural data is updated yearly, averaging 5.300 % from Jun 2018 (Median) to 2018, with 1 observations. India Unemployment Rate: Rural data remains active status in CEIC and is reported by Central Statistics Office. The data is categorized under Global Database’s India – Table IN.GBA014: Periodic Labour Force Survey: Annual: Unemployment Rate: Usual Status.
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This dataset provides the Unemployment Rate (UR) in percentage according to usual status (ps+ss) for each State and Union Territory in India, categorized by age groups: 15-29 years, 15-59 years, 15 years and above, and all ages. It is sourced from the PLFS by the Ministry of Statistics and Programme Implementation and offers insights into regional and age-group-specific unemployment rates. For 2023-24, Chandigarh's entire area has been considered urban for this survey, with data available only for the age groups 15-59 years, 15 years and above, and all ages. Before 2019-20, Ladakh was part of Jammu and Kashmir, and since 2020-21, Daman and Diu has been merged with Dadra and Nagar Haveli to form the union territory of Dadra and Nagar Haveli and Daman and Diu.
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India Unemployment Rate: Urban data was reported at 7.800 % in 2018. India Unemployment Rate: Urban data is updated yearly, averaging 7.800 % from Jun 2018 (Median) to 2018, with 1 observations. India Unemployment Rate: Urban data remains active status in CEIC and is reported by Central Statistics Office. The data is categorized under Global Database’s India – Table IN.GBA014: Periodic Labour Force Survey: Annual: Unemployment Rate: Usual Status.
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Unemployment, youth total (% of total labor force ages 15-24) (national estimate) in India was reported at 15.47 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Unemployment, youth total (% of total labor force ages 15-24) (national estimate) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.
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India Unemployment Rate: Female data was reported at 5.700 % in 2018. India Unemployment Rate: Female data is updated yearly, averaging 5.700 % from Jun 2018 (Median) to 2018, with 1 observations. India Unemployment Rate: Female data remains active status in CEIC and is reported by Central Statistics Office. The data is categorized under Global Database’s India – Table IN.GBA014: Periodic Labour Force Survey: Annual: Unemployment Rate: Usual Status.
In rural India, close to 1.8 percent of females and more than two percent of males were unemployed, while the unemployment rate was higher in urban India. Urban women had a higher unemployment rate than rural women in the country.
This statistic presents the results of a survey on perceived unemployment rate among working age population in India as of October 2018. According to data published by Ipsos, Indian respondents overestimated the level of unemployment in their country. On average, the respondents thought that around 48 out of every 100 Indians of working age were unemployed and looking for work, when the actual unemployment rate was four percent in the country.
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India IN: Unemployment Rate: % Change over Previous Period data was reported at -14.042 % in 2023. This records an increase from the previous number of -24.169 % for 2022. India IN: Unemployment Rate: % Change over Previous Period data is updated yearly, averaging -14.528 % from Dec 2019 (Median) to 2023, with 5 observations. The data reached an all-time high of 20.846 % in 2020 and a record low of -24.169 % in 2022. India IN: Unemployment Rate: % Change over Previous Period data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s India – Table IN.IMF.IFS: Labour Force, Employment and Unemployment: Annual.
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India Unemployment: Per 1000 Persons: Current Daily Status: Urban: Female data was reported at 80.000 Person in 2012. This records a decrease from the previous number of 91.000 Person for 2010. India Unemployment: Per 1000 Persons: Current Daily Status: Urban: Female data is updated yearly, averaging 107.000 Person from Jun 1978 (Median) to 2012, with 8 observations. The data reached an all-time high of 145.000 Person in 1978 and a record low of 80.000 Person in 2012. India Unemployment: Per 1000 Persons: Current Daily Status: Urban: Female data remains active status in CEIC and is reported by National Sample Survey Organisation. The data is categorized under India Premium Database’s Labour Market – Table IN.GBA019: Employment and Unemployment Survey: Unemployment.
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Graph and download economic data for Employment to Population Ratio for India (SLEMPTOTLSPZSIND) from 1991 to 2023 about employment-population ratio, India, employment, and population.
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This dataset provides the unemployment rates for major religious groups in India, based on usual status (ps+ss). For years before 2017-18, the data was obtained in different quinquennial rounds of NSSO conducted from 2004-05 (NSS 61st) to 2011-12 (NSS 68th round). From 2017-18 the data is sourced from the annual report of the Periodic Labour Force Survey (PLFS) conducted by the Ministry of Statistics and Programme Implementation. The data highlights unemployment trends within different religious communities.
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Employment Rate in India remained unchanged at 47.20 percent in the fourth quarter of 2024 from 47.20 percent in the third quarter of 2024. This dataset provides - India Worker Population Ratio- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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This dataset provides the Unemployment Rate (UR) in percentage, calculated according to the usual principal status (ps) for each State and Union Territory in India. The data is sourced from the Periodic Labour Force Survey (PLFS) conducted by the Ministry of Statistics and Programme Implementation since 2020-21. It highlights unemployment trends across regions and all age groups. Note: For 2023-24, Chandigarh's entire area has been considered as urban for this survey.
In the financial year 2024, the unemployment rate in India was the highest among Sikhs, at 8.9 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.
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Unemployment Rate in India decreased to 8.20 percent in January from 8.30 percent in December of 2024. This dataset provides - India Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.