India Unemployment Rate
July 2023 Data – 2018-2022 Historical – August Forecast
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Unemployment Rate in India decreased to 8 percent in July from 8.50 percent in June of 2023.
source:
Centre for Monitoring Indian Economy
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.
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Related
Last
Previous
Unit
Reference
Unemployment Rate
8.00
8.50
percent
Jul 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
8.00
8.50
23.50
6.40
2018 – 2023
percent
Monthly
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