India: Unemployment rate
* indicates monthly or quarterly data series
The most recent value is 7.8 percent as of March 2023, an increase compared to the previous value of 7.45 percent. Historically, the average for India from January 2016 to March 2023 is 7.42 percent. The minimum of 3.37 percent was recorded in July 2017, while the maximum of 23.52 percent was reached in April 2020.
Click on the following link to see the values of: Unemployment rate around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Centre for Monitoring Indian Economy
| Recent values | India: Unemployment rate, percent |
|---|---|
| 2023 Mar | 7.8 |
| 2023 Feb | 7.45 |
| 2023 Jan | 7.14 |
| 2022 Dec | 8.3 |
| 2022 Nov | 8.03 |
| 2022 Oct | 7.92 |
| 2022 Sep | 6.43 |
| 2022 Aug | 8.28 |
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Definition: The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Labor force | 593.73 | 2023 | million people |
| Unemployment rate | 4.17 | 2023 | percent |
| Female unemployment | 3.93 | 2023 | percent |
| Male unemployment | 4.96 | 2023 | percent |
| Youth unemployment | 17.97 | 2023 | percent |
| Labor force participation | 55.34 | 2023 | percent |
| Labor force: percent female | 28.71 | 2023 | percent |
| Female labor force participation | 32.68 | 2023 | percent |
| Male labor force participation | 76.78 | 2023 | percent |
| Self-employment | 76.87 | 2022 | percent |
| Informal employment | 88.80 | 2020 | percent |
| Unemployment rate | 7.80 | 3/2023 | percent |