Unemployment Rate in India averaged 8.17 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. This page provides - India Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.
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.