Unemployment Rate in Nepal decreased to 3.20 percent in 2017 from 3.40 percent in 2016.

Unemployment Rate in Nepal averaged 2.99 percent from 1991 until 2017, reaching an all time high of 4.50 percent in 1996 and a record low of 1.90 percent in 1999. This page provides - Nepal Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nepal Unemployment Rate - values, historical data and charts - was last updated on October of 2020.

Unemployment Rate in Nepal is expected to reach 3.60 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nepal Unemployment Rate is projected to trend around 3.60 percent in 2021 and 2.60 percent in 2022, according to our econometric models.

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Nepal Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.20 3.40 4.50 1.90 1991 - 2017 percent Yearly

Nepal Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.20 3.40 4.50 1.90 percent [+]
Population 28.34 28.09 28.34 10.11 Million [+]

Nepal Unemployment Rate
In Nepal, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.