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India Annual Unemployment Rate

India's annual unemployment rate rose to 4.2% in 2024, up from 4.17% in 2023, according to World Bank. This represents an increase of 0.03% from the previous year. India has annual unemployment rate lower than the global median (4.20% vs median 5.23%). Compared with the median in Asia, India is higher (4.20% vs regional median 4.05%) and ranks 24th out of 48 countries in Asia.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 4.2%
2023 4.17%
2022 4.82%
2021 6.38%
2020 7.86%
2019 6.51%
2018 7.65%
2017 7.62%
2016 7.6%
2015 7.63%
2014 7.67%
2013 7.71%
2012 7.67%
2011 7.62%
2010 7.65%
2009 7.66%
2008 7.66%
2007 7.56%
2006 7.55%
2005 7.55%
2004 7.62%
2003 7.68%
2002 7.75%
2001 7.65%
2000 7.62%
1999 7.62%
1998 7.64%
1997 7.61%
1996 7.56%
1995 7.61%
1994 7.64%
1993 7.75%
1992 7.73%
1991 7.72%
India Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of India's labor force that is looking for work but does not have a job.
Indicator Last Value Prior Value Period
Female Labor Force Rate 32.8% 31.24% 2024
Unemployment Rate 5.2% 5.1% Sep'25