Unemployment Rate in Nepal increased to 10.70 percent in 2024 from 10.60 percent in 2023. This dataset provides - Nepal Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Historical chart and dataset showing Nepal unemployment rate by year from 1991 to 2024.

The unemployment rate in Nepal stood at 10.71 percent in 2024. Between 1991 and 2024, the unemployment rate rose by 0.23 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend.

Unemployment, total (% of total labor force) (modeled ILO estimate) in Nepal was reported at 10.71 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nepal - Unemployment, total - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

The youth unemployment rate in Nepal was 20.82 percent in 2024. Between 1991 and 2024, the youth unemployment rate rose by 1.99 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend.

Historical chart and dataset showing Nepal youth unemployment rate by year from 1991 to 2024.

Unemployment, youth total (% of total labor force ages 15-24) (modeled ILO estimate) in Nepal was reported at 20.82 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nepal - Unemployment, youth total (% of total labor force ages 15-24) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

In 2024, the unemployment rate in Nepal remained nearly unchanged at around 10.71 percent. The unemployment rate of a country or region refers to the share of the total workforce that is currently without work, but actively searching for employment. It does not include economically inactive persons, such as children, retirees, or the long-term unemployed.Find more key insights for the unemployment rate in countries like Afghanistan and Sri Lanka.

Nepal: Unemployment rate: The latest value from 2024 is 10.71 percent, an increase from 10.63 percent in 2023. In comparison, the world average is 6.80 percent, based on data from 176 countries. Historically, the average for Nepal from 1991 to 2024 is 10.71 percent. The minimum value, 10.39 percent, was reached in 2019 while the maximum of 12.98 percent was recorded in 2020.

The youth unemployment rate in Nepal saw no significant changes in 2024 in comparison to the previous year 2023 and remained at around 20.82 percent. The youth unemployment rate of a country or region refers to the share of the total workforce aged 15 to 24 that is currently without work, but actively searching for employment. It does not include economically inactive persons such as full-time students or the long-term unemployed.Find more key insights for the youth unemployment rate in countries like Afghanistan and Bangladesh.

Unemployment, female (% of female labor force) (modeled ILO estimate) in Nepal was reported at 12.25 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nepal - Unemployment, female - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Graph and download economic data for Youth Unemployment Rate for Nepal (SLUEM1524ZSNPL) from 1991 to 2024 about Nepal, 15 to 24 years, unemployment, and rate.

Key information about Nepal Labour Force Participation Rate

• Nepal Labour Force Participation Rate remained the same rate at 39.8 % in Dec 2023, compared with 39.8 % in the previous year.
• Nepal Labour Force Participation Rate is updated yearly, available from Dec 1990 to Dec 2023, with an average rate of 41.2 % .
• The data reached the an all-time high of 41.6 % in Dec 1992 and a record low of 39.4 % in Dec 2020.
• Nepal Labour Force Participation Rate is reported by reported by CEIC Data.
• In the latest reports, Nepal Population reached 29.7 million people in Jul 2024.
• Unemployment Rate of Nepal increased to 4.4 % in Dec 2020.

nepal - Youth Unemployment Rate for Nepal was 20.82% in January of 2024, according to the United States Federal Reserve. Historically, nepal - Youth Unemployment Rate for Nepal reached a record high of 22.62 in January of 2021 and a record low of 20.65 in January of 2023. Trading Economics provides the current actual value, an historical data chart and related indicators for nepal - Youth Unemployment Rate for Nepal - last updated from the United States Federal Reserve on July of 2025.

The youth unemployment rate in Afghanistan decreased by 0.6 percentage points (-3.47 percent) in 2024 in comparison to the previous year. Nevertheless, the last two years recorded a significantly higher youth unemployment rate than the preceding years.The youth unemployment rate of a country or region refers to the share of the total workforce aged 15 to 24 that is currently without work, but actively searching for employment. It does not include economically inactive persons such as full-time students or the long-term unemployed.Find more key insights for the youth unemployment rate in countries like Nepal and Sri Lanka.

In 2024, the unemployment rate in Sri Lanka stood at five percent. Between 1991 and 2024, the figure dropped by 9.66 percentage points, though the decline followed an uneven course rather than a steady trajectory.

In 2023, just over 55.36 percent of Nepal’s gross domestic product (GDP) came from its service sector. Agriculture contributed the second largest amount, while eleven percent came from the industry sector. The majority of the Nepalese population lives in rural areas, and are depended on agriculture for their livelihood. A struggling but strong population Around 63 percent of Nepal’s 29.6 million inhabitants are part of the workforce, i.e. between 15 to 64 years old. Though the country has a very low unemployment rate (probably due to the fact that agricultural occupations are usually not taken into account when calculating national unemployment) , it is considered a country weighed down by high poverty, with a consistent trade deficit and a volatile inflation rate. However, recent perceptions of children’s living standards when they grow up in Nepal are overwhelmingly of the opinion that the standard of living is better. The Nepalese economy Nepal has robust ties with the country of India, which is both the country’s main export partner, as well as its main import partner . Nepal’s economy has been under the influence of political instability over the course of the country’s history: a monarchy until the early 2000s, it then became a republic with a Maoist-dominated government. Lately, Nepal made several attempts to improve its economic situation, but still relies heavily on remittances and foreign aid.

The unemployment rate in Bhutan decreased to 2.86 percent compared to the previous year. Nevertheless, the last two years recorded a significantly higher unemployment rate than the preceding years.The unemployment rate refers to the share of the workforce that is currently not working but is actively searching for work. It does not include the economically inactive population, such as the long-term unemployed, those aged under 15 years, or retired persons.Find more key insights for the unemployment rate in countries like Nepal and Afghanistan.

The unemployment rate in Sri Lanka decreased by one percentage points (-16.67 percent) compared to the previous year. Nevertheless, the last two years recorded a significantly higher unemployment rate than the preceding years.The unemployment rate refers to the share of the economically active population currently without work but in search of employment. The unemployment rate does not include economically inactive persons such as the long-term unemployed, children, or retirees.Find more key insights for the unemployment rate in countries like Afghanistan and Nepal.

This dataset provides values for UNEMPLOYMENT RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.