India: Unemployment rate from 2007 to 2017

Unemployment rate in India 2017 The statistic shows the unemployment rate in India from 2007 to 2017. In 2017, the unemployment rate in India was estimated to be 3.52 percent.
India's economy in comparison to other BRIC states

India possesses one of the fastest-growing economies in the world and as a result, India is recognized as one of the G-20 major economies as well as a member of the BRIC countries, an association that is made up of rapidly growing economies. As well as India, three other countries, namely Brazil, Russia and China, are BRIC members. India’s manufacturing industry plays a large part in the development of its economy; however its services industry is the most significant economical factor. The majority of the population of India works in this sector. India’s notable economic boost can be attributed to significant gains over the past decade in regards to the efficiency of the production of goods as well as maintaining relatively low debt, particularly when compared to the total amount earned from goods and services produced throughout the years.

When considering individual development as a country, India progressed significantly over the years. However, in comparison to the other emerging countries in the BRIC group, India’s progress was rather minimal. While China experienced the most apparent growth, India’s efficiency and productivity remained somewhat stagnant over the course of 3 or 4 years. India also reported a rather large trade deficit over the past decade, implying that its total imports exceeded its total amount of exports, essentially forcing the country to borrow money in order to finance the nation. Most economists consider trade deficits a negative factor, especially in the long run and for developing or emerging countries.
Show more
Loading statistic...
Unemployment rate
2007 4.06%
2008 4.12%
2009 3.75%
2010 3.54%
2011 3.53%
2012 3.62%
2013 3.46%
2014 3.41%
2015 3.49%
2016 3.51%
20173.52%
Unemployment rate
2007 4.06%
2008 4.12%
2009 3.75%
2010 3.54%
2011 3.53%
2012 3.62%
2013 3.46%
2014 3.41%
2015 3.49%
2016 3.51%
20173.52%
Download Settings Share
Chart type
Datalabels
Share on Social Media
HTML code to embed chart as PNG (FAQ)
Download started
Please be patient - this may take a moment
Description Source More information
The statistic shows the unemployment rate in India from 2007 to 2017. In 2017, the unemployment rate in India was estimated to be 3.52 percent.
India's economy in comparison to other BRIC states

India possesses one of the fastest-growing economies in the world and as a result, India is recognized as one of the G-20 major economies as well as a member of the BRIC countries, an association that is made up of rapidly growing economies. As well as India, three other countries, namely Brazil, Russia and China, are BRIC members. India’s manufacturing industry plays a large part in the development of its economy; however its services industry is the most significant economical factor. The majority of the population of India works in this sector. India’s notable economic boost can be attributed to significant gains over the past decade in regards to the efficiency of the production of goods as well as maintaining relatively low debt, particularly when compared to the total amount earned from goods and services produced throughout the years.

When considering individual development as a country, India progressed significantly over the years. However, in comparison to the other emerging countries in the BRIC group, India’s progress was rather minimal. While China experienced the most apparent growth, India’s efficiency and productivity remained somewhat stagnant over the course of 3 or 4 years. India also reported a rather large trade deficit over the past decade, implying that its total imports exceeded its total amount of exports, essentially forcing the country to borrow money in order to finance the nation. Most economists consider trade deficits a negative factor, especially in the long run and for developing or emerging countries.
Show more
Release date
June 2018
Region
India
Survey time period
2007 to 2017
Supplementary notes
Figures have been rounded.

All figures are modeled ILO estimates.

More information

Statista Accounts: Access All Statistics. Starting from $588 / Year

Basic Account

Get to know the platform

You only have access to basic statistics.

Register for free

Premium Account

Your perfect start with Statista

  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account

Full access

Corporate solution including all features.

Send request

* All products require an annual contract.
   Prices do not include sales tax
   (New York residents only).
Leading companies trust Statista:
paypalgoogleadobepgsamsungtelekom

Related Studies: Available to Download in PDF or PPTX Format

Economic Outlook India
Economic Outlook India

All Information
in one Presentation

Economic Outlook India

Everything On "Economic Outlook India" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Other Reports & Dossiers
I think of Statista as Google for researchers. Statista provides you with the information you search for right away.
Dr. Horst Stipp

Dr. Horst Stipp
EVP, Research & Innovation, Advertising Research Foundation

Statistics on "India"

  • Population
  • Economy
The most important statistics
  • State finances
  • India in international comparison
  • BRIC countries
Need help with using Statista for your research? Tutorials and first steps

Further Content: Statistics, Studies, and Topic Pages

Statistics on the topic

Topics

About Statista

Learn more about how Statista can support your business.

Request webinar
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.

News
News