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Nepal Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

Nepal's unemployment rate was 10.47% in 2025, ranked 149th globally. This represents a 0.3% decrease from 2024. Data from World Bank, covering 1991–2025.

10.47% −0.04pp (-0.3%)
Year 2025 Rank #149 Global Peak 13.04% (2020) Source World Bank

Nepal Unemployment Rate (1991–2025)

Overview

Nepal's unemployment rate stood at 10.47% in 2025, a decline of +0.04pp from 2024. Nepal ranked 149th globally.

Since 1991 Nepal’s unemployment rate has remained remarkably stable at 10.46 percent, matching the figure recorded in the World Bank’s 2025 dataset that places the country 149th globally. The rate’s narrow swing peaked at 13.04 percent in 2020, a spike that coincided with the global COVID‑19 shock, before falling to an all‑time trough of 10.44 percent in 2023. Over the 35‑year span the labor market has shown little long‑term movement, keeping Nepal’s performance close to peers such as Spain, whose unemployment stands at 10.38 percent, and Albania at 10.93 percent. The persistence of a roughly ten‑percent unemployment level suggests structural constraints in job creation rather than cyclical fluctuations. Continued investment in skills development and diversification of the economy will be essential to push the rate below the current plateau and alter the modest downward trajectory observed since the 2023 trough.

Data & projection

Year Unemployment Rate YoY change Rank
2025 10.47% −0.04pp #149
2024 10.50% +0.06pp #153
2023 10.44% −0.22pp #151
2022 10.66% −1.58pp #151
2021 12.24% −0.80pp #154
2020 13.04% +2.56pp #153
2019 10.48% −0.12pp #148
2018 10.59% −0.07pp #148
2017 10.66% −0.05pp #144
2016 10.71% +0.07pp #144
2015 10.64% +0.02pp #144
2014 10.62% −0.05pp #139
2013 10.67% +0.03pp #139
2012 10.63% +0.00pp #136
2011 10.63% +0.06pp #140
Show all years (1991-2025)

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 8.8% GDP growth 0.4% Unemployment 10.7%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Nepal matched the Stagflation Risk pattern in 2016. Historically, 38% of countries showing this pattern (117 out of 307) saw unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Nepal's unemployment rate?▾

Nepal's unemployment rate was 10.47% in 2025. Ranked 149th globally. This represents a 0.3% decrease from the previous year.

What was the highest unemployment rate in Nepal?▾

Nepal's unemployment rate peaked at 13.04% in 2020.

What was the lowest unemployment rate in Nepal?▾

The lowest unemployment rate in Nepal was 10.44% in 2023.

How does Nepal rank in unemployment rate?▾

Nepal ranks 149th globally in unemployment rate as of 2025.

What is the World Bank indicator code for unemployment rate?▾

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the unemployment rate of Nepal in 2025?▾

The unemployment rate of Nepal in 2025 was 10.47%. This ranks 149th in the world.

Cite this page

APA
Nepal Unemployment Rate. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/nepal/unemployment-rate/
BibTeX
@misc{historysaid_nepal_unemployment-rate, title = {Nepal Unemployment Rate}, url = {https://historysaid.com/nepal/unemployment-rate/}, publisher = {HistorySaid}, year = {2026} }
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