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India - Unemployment Rate 4.22

World Bank WDI · updated 2026-10-15 · 187 economies tracked

Latest value

4.22 (2025)

Global rank

##71 of 187 economies

vs global median

0.8×

Growth since 1991

0.55×

Ranking Race โ€” Unemployment Rate

1 = global #1 ยท lower value ranks higher

#1#21#41#61#81#101#12119911996200120062011201620212025#113#712023 overtook Sri Lanka2024 overtook Turkmenistan
IndiaQatarCambodiaNigerThailand

Real annual global ranks, 1991 - 2025. India climbed from #113 to #71 (overtook Sri Lanka). Gaps in a lane = missing data that year.

Key events for India ↓

Key Events โ€” India

Auto-detected from rank data + curated milestones

1991
Economic liberalisation curated

Balance-of-payments crisis triggers sweeping market reforms.

2008
Global crisis slowdown curated

Growth slows sharply as capital flows reverse.

2009
Climbed 18 places in global rank auto
2016
Demonetisation curated

High-denomination notes withdrawn, causing cash shortages.

2020
COVID-19 lockdown curated

GDP records its largest contraction on record.

2022
Climbed 19 places in global rank auto
2023
Overtook Sri Lanka in global rank auto
2024
Overtook Turkmenistan in global rank auto

Unemployment Rate, 1991-2025

World Bank WDI · % of total labor force · linear scale · ranking in the race above
199120012011202120254.175.46.637.86

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