Unemployment Rate rose 55.8% to 4.44% in Nepal in 2020, according to .
Historically, Unemployment Rate in Nepal reached an all time high of 4.44% in 2020 and an all time low of 1.33% in 2008. When compared to Nepal's main peers, Unemployment Rate in Bangladesh amounted to 5.30%, 3.74% in Bhutan, 5.00% in China and 7.11% in India in 2020.
Nepal has been ranked 130th within the group of 175 countries we follow in terms of Unemployment Rate, 31 places above the position seen 10 years ago.
Unemployment Rate | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Bangladesh | % | 4.37% | 4.29% | 4.22% | 5.30% | ... | ... | ... | ||||||||||||||
Bhutan | % | 2.36% | 2.30% | 2.27% | 3.74% | 3.20% | ||||||||||||||||
China | % | 4.40% | 4.30% | 4.60% | 5.00% | 4.00% | ||||||||||||||||
India | % | 5.41% | 5.33% | 5.27% | 7.11% | ... | ... | ... | ||||||||||||||
Japan | % | 2.80% | 2.40% | 2.40% | 2.97% | 2.87% | ||||||||||||||||
Myanmar | % | 1.56% | 0.870% | 0.500% | 1.79% | 4.00% | ||||||||||||||||
Nepal | % | 2.97% | 2.90% | 2.85% | 4.44% | ... | ... | ... | ||||||||||||||
Pakistan | % | 3.94% | 4.08% | 3.98% | 4.65% | 6.27% | ||||||||||||||||
Russia | % | 5.21% | 4.85% | 4.60% | 5.73% | 4.95% | ||||||||||||||||
Sri Lanka | % | 4.05% | 4.32% | 4.27% | 4.84% | 4.40% | ||||||||||||||||
USA | % | 4.36% | 3.90% | 3.67% | 8.31% | 3.61% |