Unemployment Rate in India decreased to 7.10 percent in September from 8.10 percent in August of 2023. Unemployment Rate in India averaged 8.15 percent from 2018 until 2023, reaching an all time high of 23.50 percent in April of 2020 and a record low of 6.40 percent in September of 2022. source: Centre for Monitoring Indian Economy

Unemployment Rate in India is expected to be 7.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Unemployment Rate is projected to trend around 7.50 percent in 2024 and 7.70 percent in 2025, according to our econometric models.

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India Unemployment Rate


Related Last Previous Unit Reference
Unemployment Rate 7.10 8.10 percent Sep 2023

India Unemployment Rate
In India, the unemployment rate is estimated by directly interviewing a large sample of randomly selected households. Centre for Monitoring Indian Economy Consumer Pyramids panel of households includes over 174,405 households including over 522,000 members who are over 15 years old.
Actual Previous Highest Lowest Dates Unit Frequency
7.10 8.10 23.50 6.40 2018 - 2023 percent Monthly