Unemployment Rate in India averaged 8.50 percent from 2018 until 2021, reaching an all time high of 23.50 percent in April of 2020 and a record low of 6.50 percent in November of 2020. 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 May of 2021.
Unemployment Rate in India is expected to be 6.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in India to stand at 6.40 in 12 months time. In the long-term, the India Unemployment Rate is projected to trend around 6.20 percent in 2022 and 6.50 percent in 2023, according to our econometric models.