Labor Force Participation Rate in India decreased to 50.40 percent in the third quarter of 2024 from 50.80 percent in the second quarter of 2024. Labor Force Participation Rate in India averaged 49.58 percent from 2005 until 2024, reaching an all time high of 63.70 percent in the fourth quarter of 2005 and a record low of 45.90 percent in the second quarter of 2020. source: Ministry of Statistics and Programme Implementation (MOSPI)
Labor Force Participation Rate in India is expected to be 51.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Labor Force Participation Rate is projected to trend around 50.90 percent in 2025 and 51.30 percent in 2026, according to our econometric models.