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Nepal Annual Unemployment Rate

Nepal's annual unemployment rate rose to 10.71% in 2024, up from 10.63% in 2023, according to World Bank. This represents an increase of 0.08% from the previous year. Nepal has annual unemployment rate higher than the global median (10.71% vs median 5.23%). Compared with the median in Asia, Nepal is higher (10.71% vs regional median 4.05%) and ranks 11th out of 48 countries in Asia.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 10.71%
2023 10.63%
2022 10.84%
2021 12.19%
2020 12.97%
2019 10.39%
2018 10.56%
2017 10.66%
2016 10.74%
2015 10.64%
2014 10.62%
2013 10.69%
2012 10.64%
2011 10.64%
2010 10.55%
2009 10.59%
2008 10.61%
2007 10.68%
2006 10.64%
2005 10.62%
2004 10.71%
2003 10.7%
2002 10.63%
2001 10.5%
2000 10.55%
1999 10.58%
1998 10.55%
1997 10.54%
1996 10.44%
1995 10.48%
1994 10.46%
1993 10.52%
1992 10.49%
1991 10.48%
Nepal Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Nepal's labor force that is looking for work but does not have a job.
Indicator Last Value Prior Value Period
Female Labor Force Rate 27.64% 27.55% 2024