Unemployment rate in India
India: Unemployment rate was 4.94 in 2031. βΌ Falling
Unemployment rate in India, 2018β2031
Source: International Monetary Fund.
Analysis
The most recent figure for unemployment rate in India is 4.94, measured in 2031. That is the lowest value across all 14 years on record.
That represents a change of down 32.9% over ten years.
Over the whole period, unemployment rate in India peaked at 8.9 in 2018 and was at its lowest, 4.94, in 2023.
That places India 11th out of 22 countries with data for 2031, putting it in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.19 | 7.48 | 8.9 | 2 |
| 2020s | 5.59 | 4.94 | 8.66 | 10 |
| 2030s | 4.94 | 4.94 | 4.94 | 2 |
Countries ranked near India
- 8 Estonia 6.21 compare
- 9 Lithuania 5.9 compare
- 10 Dominican Republic 5 compare
- 12 Brunei Darussalam 4.75 compare
- 13 Australia 4.46 compare
- 14 Saudi Arabia 3.5 compare
More work & labour data for India
- Population - Est. & Proj. β Total Population - Both sexes, annual -0.5076 % change on previous year (2100)
- Population - Est. & Proj. β Total Population - Male, annual growth -0.5076 % change on previous year (2100)
- Population - Est. & Proj. β Total Population - Female, annual growth -0.5078 % change on previous year (2100)
- Population - Est. & Proj. β Rural population, annual growth rate -1.12 % change on previous year (2050)
- Population - Est. & Proj. β Urban population, annual growth rate 1.47 % change on previous year (2050)
- Population - Est. & Proj. β Urban population 876,613 1000 No (2050)
- Population - Est. & Proj. β Rural population 782,365 1000 No (2050)
- Population - Est. & Proj. β Total Population - Female 743,542 1000 No (2100)
- Population - Est. & Proj. β Total Population - Male 761,710 1000 No (2100)
- Population - Est. & Proj. β Total Population - Both sexes 1.51 million 1000 No (2100)
Frequently asked questions
- What is unemployment rate in India?
- Unemployment rate in India was 4.94 in 2031, according to International Monetary Fund.
- What is the highest unemployment rate recorded in India?
- The highest recorded value was 8.9 in 2018.
- What is the lowest unemployment rate recorded in India?
- The lowest recorded value was 4.94 in 2023.
- How does India rank for unemployment rate?
- India ranks 11th out of 22 countries with data for 2031.
- Is unemployment rate rising or falling in India?
- Over the last ten years it is down 32.9%. The long-run trend across the full record is falling.
- Where does this India data come from?
- The figures come from International Monetary Fund, published as part of Unemployment rate (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.