Overview
Minds Key data points
Last release
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Observation period
Aug 2024
Next release
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Forecast
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Highest
23.50% on Apr 30, 2020
Lowest
6.40% on Sep 30, 2022
About 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.
Related indicators
Frequently Asked Questions
To calculate India unemployment rate you need to take the number of the country residents without a job and looking for work divided by the total number of residents in the labor force.
The lowest ever India unemployment rate is 6.40%.
The highest figure India unemployment rate has ever reached is 23.50%.
Last month India unemployment rate was 8.50%, and the month before that it amounted to 7.90%.