Unemployment Rate rose 34.9% to 7.11% in India in 2020, according to .
Historically, Unemployment Rate in India reached an all time high of 7.11% in 2020 and an all time low of 5.27% in 2019. When compared to India's main peers, Unemployment Rate in Bangladesh amounted to 5.30%, 5.00% in China, 4.65% in Pakistan and 4.84% in Sri Lanka in 2020.
India has been ranked 78th within the group of 175 countries we follow in terms of Unemployment Rate, 22 places above the position seen 10 years ago.
| Unemployment Rate | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Afghanistan | % | 11.2% | 11.1% | 11.0% | 11.7% | ... | ... | ... | ||||||||||||||
| Bangladesh | % | 4.37% | 4.29% | 4.22% | 5.30% | ... | ... | ... | ||||||||||||||
| Bhutan | % | 2.36% | 2.30% | 2.27% | 3.74% | 3.20% | ||||||||||||||||
| China | % | 4.40% | 4.30% | 4.60% | 5.00% | 4.00% | ||||||||||||||||
| India | % | 5.41% | 5.33% | 5.27% | 7.11% | ... | ... | ... | ||||||||||||||
| Iran | % | 12.1% | 12.1% | 11.1% | 11.0% | 15.6% | ||||||||||||||||
| Japan | % | 2.80% | 2.40% | 2.40% | 2.97% | 2.87% | ||||||||||||||||
| Malaysia | % | 3.41% | 3.30% | 3.31% | 4.55% | 2.83% | ||||||||||||||||
| Maldives | % | 6.00% | 5.90% | 5.82% | 7.18% | ... | ... | ... | ||||||||||||||
| Myanmar | % | 1.56% | 0.870% | 0.500% | 1.79% | 4.00% | ||||||||||||||||
| Pakistan | % | 3.94% | 4.08% | 3.98% | 4.65% | 6.27% | ||||||||||||||||
| Russia | % | 5.21% | 4.85% | 4.60% | 5.73% | 4.95% | ||||||||||||||||
| Sri Lanka | % | 4.05% | 4.32% | 4.27% | 4.84% | 4.40% | ||||||||||||||||
| USA | % | 4.36% | 3.90% | 3.67% | 8.31% | 3.61% |
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