Nepal Labour Force Participation Rate

1990 - 2023 | Yearly | % | CEIC Data

Key information about Nepal Labour Force Participation Rate

  • Nepal Labour Force Participation Rate increased to 40.5 % in Dec 2023, compared with 40.2 % in the previous year.
  • Nepal Labour Force Participation Rate is updated yearly, available from Dec 1990 to Dec 2023, with an average rate of 40.5 % .
  • The data reached the an all-time high of 41.4 % in Dec 1990 and a record low of 39.6 % in Dec 2015.
  • Nepal Labour Force Participation Rate is reported by reported by CEIC Data.
  • In the latest reports, Nepal Population reached 29.5 million people in Jul 2023.
  • Unemployment Rate of Nepal increased to 4.4 % in Dec 2020.

View Nepal's Labour Force Participation Rate from 1990 to 2023 in the chart:

Nepal Labour Force Participation Rate

What was Nepal's Labour Force Participation Rate in 2023?

Nepal Labour Force Participation Rate increased to 40.5 % in Dec 2023, compared with 40.2 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
40.5 2023 40.2 2022 39.6 2015 41.4 1990 % yearly 1990 - 2023

Labour Force Participation Rate by Country Comparison

country/region Last Frequency Range
Albania (%) 63.9 Dec 2023 quarterly Mar 2012 - Dec 2023
Algeria (%) 41.7 2018 yearly 2003 - 2018
Argentina (%) 60.8 2023 yearly 1990 - 2023
Armenia (%) 60.4 Jun 2024 quarterly Mar 2008 - Jun 2024
Australia (%) 66.9 Oct 2024 monthly Feb 1978 - Oct 2024
Austria (%) 77.1 Jun 2022 quarterly Mar 2021 - Jun 2022
Azerbaijan (%) 70.2 2023 yearly 1990 - 2023
Bahrain (%) 71.9 2023 yearly 1990 - 2023
Bangladesh (%) 58.2 2023 yearly 1990 - 2023
Belarus (%) 86.8 2022 yearly 1995 - 2022
Belgium (%) 71.1 Sep 2024 quarterly Mar 1999 - Sep 2024
Bolivia (%) 77.7 Sep 2022 quarterly Dec 2015 - Sep 2022
Bosnia and Herzegovina (%) 47.8 2023 yearly 2006 - 2023
Botswana (%) 64.5 2023 yearly 1990 - 2023
Brazil (%) 62.6 Oct 2024 monthly Mar 2012 - Oct 2024
Brunei (%) 64.3 2023 yearly 1990 - 2023
Bulgaria (%) 55.5 Jun 2024 quarterly Jun 2000 - Jun 2024
Cambodia (%) 87.4 2020 yearly 2020 - 2020
Canada (%) 64.7 Oct 2024 monthly Jan 1976 - Oct 2024
Chile (%) 61.7 Sep 2024 monthly Mar 2009 - Sep 2024
China (%) 66.4 2023 yearly 1990 - 2023
Colombia (%) 63.9 Oct 2024 monthly Jan 2001 - Oct 2024
Croatia (%) 54.1 Sep 2024 quarterly Mar 2007 - Sep 2024
Cyprus (%) 65.7 Sep 2024 quarterly Jun 1999 - Sep 2024
Czech Republic (%) 60.2 Jun 2024 quarterly Mar 1993 - Jun 2024
Denmark (%) 74.6 Oct 2024 monthly Jan 2007 - Oct 2024
Ecuador (%) 65.5 Sep 2024 quarterly Dec 2013 - Sep 2024
Egypt (%) 43.4 2023 yearly 2009 - 2023
Estonia (%) 66.9 Sep 2024 quarterly Mar 2000 - Sep 2024
European Union (%) 75.6 2022 yearly 1990 - 2022
Finland (%) 67.7 Oct 2024 monthly May 2004 - Oct 2024
France (%) 74.8 Sep 2024 quarterly Mar 2003 - Sep 2024
Georgia (%) 53.3 2023 yearly 1998 - 2023
Germany (%) 56.0 Jun 2024 quarterly Mar 2007 - Jun 2024
Ghana (%) 68.8 2023 yearly 1990 - 2023
Greece (%) 61.5 Oct 2024 monthly Jan 2004 - Oct 2024
Hong Kong SAR, China (%) 57.0 Oct 2024 monthly Dec 1981 - Oct 2024
Hungary (%) 68.3 Sep 2024 quarterly Mar 2009 - Sep 2024
Iceland (%) 81.2 Sep 2024 monthly Jan 2003 - Sep 2024
India (%) 42.4 2023 yearly 1990 - 2023
Indonesia (%) 70.6 Aug 2024 semiannually Feb 2005 - Aug 2024
Iran (%) 41.0 Dec 2022 quarterly Jun 2018 - Dec 2022
Ireland (%) 66.6 Sep 2024 quarterly Mar 1998 - Sep 2024
Israel (%) 62.4 Nov 2024 monthly Jan 2012 - Nov 2024
Italy (%) 66.4 Oct 2024 monthly Jan 2004 - Oct 2024
Ivory Coast (%) 64.4 2023 yearly 1990 - 2023
Japan (%) 63.5 Oct 2024 monthly Jan 1968 - Oct 2024
Jordan (%) 39.4 2023 yearly 1990 - 2023
Kazakhstan (%) 68.4 Sep 2024 quarterly Jun 2001 - Sep 2024
Kenya (%) 73.7 2023 yearly 1990 - 2023
South Korea (%) 64.7 Oct 2024 monthly Jun 1999 - Oct 2024
Kosovo (%) 42.3 Dec 2023 quarterly Mar 2016 - Dec 2023
Kuwait (%) 71.5 2023 yearly 1990 - 2023
Kyrgyzstan (%) 58.7 2023 yearly 1994 - 2023
Laos (%) 59.6 2023 yearly 1990 - 2023
Latvia (%) 68.8 Sep 2024 quarterly Mar 2002 - Sep 2024
Lebanon (%) 45.5 2023 yearly 1990 - 2023
Lithuania (%) 64.0 Sep 2024 quarterly Jun 1998 - Sep 2024
Luxembourg (%) 55.0 2023 yearly 2000 - 2023
Macau SAR, China (%) 68.1 Sep 2024 monthly Sep 1996 - Sep 2024
North Macedonia (%) 52.1 Jun 2024 quarterly Mar 2023 - Jun 2024
Malawi (%) 69.0 2023 yearly 1990 - 2023
Malaysia (%) 70.5 Sep 2024 monthly Jan 2010 - Sep 2024
Malta (%) 81.3 Mar 2024 quarterly Mar 2018 - Mar 2024
Mauritius (%) 58.3 Jun 2024 quarterly Mar 2004 - Jun 2024
Mexico (%) 60.2 Oct 2024 monthly Jan 2005 - Oct 2024
Moldova (%) 45.5 Sep 2024 quarterly Mar 2015 - Sep 2024
Mongolia (%) 63.0 Sep 2024 quarterly Sep 2006 - Sep 2024
Montenegro (%) 63.8 Jun 2024 quarterly Mar 2008 - Jun 2024
Morocco (%) 43.6 Sep 2024 quarterly Mar 1999 - Sep 2024
Mozambique (%) 79.0 2023 yearly 1990 - 2023
Myanmar (%) 59.4 2020 yearly 1991 - 2020
Nepal (%) 40.5 2023 yearly 1990 - 2023
Netherlands (%) 73.0 Oct 2024 monthly Jan 2003 - Oct 2024
New Zealand (%) 71.0 Sep 2024 quarterly Mar 1986 - Sep 2024
Nigeria (%) 59.1 2023 yearly 1990 - 2023
Norway (%) 65.3 2023 yearly 1989 - 2023
Oman (%) 68.3 2023 yearly 1990 - 2023
Pakistan (%) 32.3 2021 yearly 1990 - 2021
Palestinian Territory (%) 45.6 Jun 2024 quarterly Jun 2002 - Jun 2024
Panama (%) 62.4 2023 yearly 2003 - 2023
Paraguay (%) 70.0 Sep 2024 quarterly Mar 2017 - Sep 2024
Peru (%) 72.4 2022 yearly 2001 - 2022
Philippines (%) 63.5 Jul 2024 quarterly Jul 2003 - Jul 2024
Poland (%) 58.3 Jun 2024 quarterly Mar 2010 - Jun 2024
Portugal (%) 60.3 Sep 2024 quarterly Mar 2011 - Sep 2024
Qatar (%) 87.7 2023 yearly 2006 - 2023
Romania (%) 52.7 Mar 2024 quarterly Mar 1996 - Mar 2024
Russia (%) 68.4 Feb 2024 monthly Aug 2009 - Feb 2024
Saudi Arabia (%) 61.7 Mar 2023 quarterly Jun 2016 - Mar 2023
Serbia (%) 56.4 Sep 2024 quarterly Mar 2014 - Sep 2024
Slovakia (%) 61.6 Jun 2024 quarterly Mar 2021 - Jun 2024
Slovenia (%) 58.7 Sep 2024 quarterly Mar 2008 - Sep 2024
South Africa (%) 60.2 Sep 2024 quarterly Mar 2008 - Sep 2024
Spain (%) 59.0 Sep 2024 quarterly Mar 2021 - Sep 2024
Sri Lanka (%) 47.8 Jun 2024 quarterly Mar 2004 - Jun 2024
Sudan (%) 47.6 2023 yearly 1990 - 2023
Sweden (%) 73.8 Nov 2024 monthly Apr 2005 - Nov 2024
Switzerland (%) 67.6 Sep 2024 quarterly Mar 2010 - Sep 2024
Syria (%) 38.7 2023 yearly 1990 - 2023

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Nepal Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -10.0 2018 yearly 2012 - 2018
Consolidated Fiscal Balance (USD mn) -741.821 Sep 2024 quarterly Mar 2017 - Sep 2024
Tax Revenue (USD mn) 671,115.502 Mar 2024 quarterly Jun 2019 - Mar 2024
Tax Revenue: % of GDP (%) 19.1 2018 yearly 2001 - 2018
National Government Debt (USD mn) 14,538.4 2021 yearly 1990 - 2021
Government Debt: % of GDP (%) 39.9 2021 yearly 1990 - 2021
Forecast: Government Expenditure (NPR bn) 2,481.360 2029 yearly 2000 - 2029
Forecast: Government Net Debt (NPR bn) 4,641.672 2029 yearly 2000 - 2029
Forecast: Government Revenue (NPR bn) 2,220.299 2029 yearly 2000 - 2029
Government Debt: Total (NPR mn) 1,735,015.267 2021 yearly 1999 - 2021
Government Debt: External (NPR mn) 934,695.200 2021 yearly 1999 - 2021
Government Domestic Debt: Annual: Bonds & Treasury Bills (NPR mn) 1,179,464.880 2024 yearly 1986 - 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 0.000 yearly -
Trade Balance (USD mn) -804.5 Nov 2024 monthly Aug 1974 - Nov 2024
Total Exports (USD mn) 106.1 Nov 2024 monthly Aug 2003 - Nov 2024
Total Exports Growth (%) 47.5 Nov 2024 monthly Aug 2004 - Nov 2024
Aluminum: Exports (USD th) 570.142 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 9,980.716 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 1,557.101 2023 yearly 1996 - 2023
Total Imports (USD mn) 910.6 Nov 2024 monthly Aug 2003 - Nov 2024
Total Imports Growth (%) 17.1 Nov 2024 monthly Aug 2004 - Nov 2024
Imports: Medicament (USD th) 175,698.810 2023 yearly 1998 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 217,440.422 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 14.309 Aug 2024 monthly Sep 1983 - Aug 2024
Total Imports from USA (USD mn) 7.814 Aug 2024 monthly Jan 1981 - Aug 2024
Total Exports to China (USD mn) 0.979 Nov 2024 monthly Apr 2013 - Nov 2024
Total Imports from China (USD mn) 182.263 Nov 2024 monthly Apr 2013 - Nov 2024
Exports: fob: Custom Basis (NPR mn) 14,291.993 Nov 2024 monthly Aug 2003 - Nov 2024
Exports: fob: Custom Basis: Other Countries (NPR mn) 3,250.450 Nov 2024 monthly Aug 2003 - Nov 2024
Imports: cif: Custom Basis (NPR mn) 122,635.717 Nov 2024 monthly Aug 2003 - Nov 2024
Trade Balance: Custom Basis (NPR mn) -108,343.724 Nov 2024 monthly Aug 2003 - Nov 2024
Imports: cif: Custom Basis: India (NPR mn) 75,959.486 Nov 2024 monthly Aug 2003 - Nov 2024
Imports: cif: Custom Basis: Other Countries (NPR mn) 22,130.937 Nov 2024 monthly Aug 2003 - Nov 2024
Exports: fob: Custom Basis: India (NPR mn) 10,909.743 Nov 2024 monthly Aug 2003 - Nov 2024
Imports: cif: Custom Basis: China (NPR mn) 24,545.295 Nov 2024 monthly Apr 2013 - Nov 2024
Exports: fob: Custom Basis: China (NPR mn) 131.801 Nov 2024 monthly Apr 2013 - Nov 2024
Exports: Manufactured Goods Classified by Materials (NPR mn) 6,270.133 Apr 2024 monthly Aug 2003 - Apr 2024
Exports: Chemicals (NPR mn) 535.188 Apr 2024 monthly Aug 2003 - Apr 2024
Exports: Crude Materials Inedible: Except Fuel (NPR mn) 367.577 Apr 2024 monthly Aug 2003 - Apr 2024
Exports: Food & Live Animals (NPR mn) 3,365.681 Apr 2024 monthly Aug 2003 - Apr 2024
Exports: Miscellaneous Manufactures Articles (NPR mn) 1,331.133 Apr 2024 monthly Aug 2003 - Apr 2024
Export Volume Index (2015=100) 171.601 2021 yearly 2000 - 2021
Import Volume Index (2015=100) 187.157 2021 yearly 2000 - 2021
Export Value Index (2015=100) 233.718 2021 yearly 1980 - 2021
Import Value Index (2015=100) 238.930 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) 833.9 Oct 2024 quarterly Oct 2000 - Oct 2024
Current Account Balance: % of GDP (%) 3.9 2024 yearly 2001 - 2024
Foreign Direct Investment (USD mn) 15.9 Oct 2024 quarterly Oct 2000 - Oct 2024
Foreign Direct Investment: % of GDP (%) 0.1 2024 yearly 2001 - 2024
External Debt (USD mn) 9,906.6 Mar 2024 quarterly Mar 2012 - Mar 2024
External Debt: % of GDP (%) 17.3 2016 yearly 2001 - 2016
External Debt: Short Term (USD mn) 321.9 2022 yearly 1977 - 2022
Forecast: Current Account Balance (USD bn) -2.523 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 1,716.243 Jun 2024 quarterly Dec 2012 - Jun 2024
NP: BoP: Financial Account: Portfolio Investment (USD mn) 0.000 Jun 2020 quarterly Mar 1977 - Jun 2020
NP: BoP: Financial Account: Portfolio Investment: Liabilities (USD mn) 0.000 Jun 2020 quarterly Mar 1977 - Jun 2020
NP: BoP: Financial Account: Portfolio Investment: Assets (USD mn) 0.000 Jun 2020 quarterly Mar 1977 - Jun 2020
BoP: Current Account: Services: Debit (NPR mn) -77,096.594 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Current Account: Services (NPR mn) -3,623.860 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Current Account: Income (NPR mn) 25,748.637 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Current Account: Income: Debit (NPR mn) -8,061.763 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Financial Account (NPR mn) 63,943.939 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Current Account: Goods: Import cif (NPR mn) -423,332.921 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Current Account: Services: Credit (NPR mn) 73,472.734 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Financial Account: Liabilities (NPR mn) 65,058.828 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Financial Account: Portfolio Investment (NPR mn) 0.000 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Current Account: Current Transfers (NPR mn) 396,739.649 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Current Account: Current Transfers: Credit (NPR mn) 397,842.038 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Reserve Assets & Related Items (RR) (NPR mn) -122,162.930 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Net Error & Omissions (NPR mn) 15,324.796 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Current Account: Goods: Exports fob (NPR mn) 46,326.450 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Current Account: Goods Balance (NPR mn) -377,006.470 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Current Account (NPR mn) 41,857.955 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Current Account: Current Transfers: Debit (NPR mn) -1,102.389 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Current Account: Income: Credit (NPR mn) 33,810.401 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Financial Account: Direct Investment in Nepal (NPR mn) 1,919.110 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Financial Account: Assets: Other Investment (OI) (NPR mn) -3,033.999 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Capital Account (NPR mn) 1,036.240 Jul 2024 quarterly Oct 2000 - Jul 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.5 2015 yearly 2003 - 2015
Non-Performing Loans (USD mn) 267.883 2015 yearly 2003 - 2015
Money Supply M1 (USD mn) 7,245.205 Nov 2024 monthly Jan 2001 - Nov 2024
Money Supply M2 (USD mn) 53,205.337 Nov 2024 monthly Jan 2001 - Nov 2024
M2 Growth (%) 12.4 Nov 2024 monthly Jan 2002 - Nov 2024
Reserve Requirement Ratio (%) 4.0 Nov 2024 monthly Jul 2003 - Nov 2024
Foreign Exchange Reserves (USD mn) 14,870.8 Nov 2024 monthly Jan 2002 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 4.000 Nov 2024 monthly Jul 2003 - Nov 2024
Foreign Exchange Reserves: Months of Import (NA) 16.3 Nov 2024 monthly Aug 2003 - Nov 2024
Gold Reserves (USD mn) 680.293 Oct 2024 monthly Jul 1957 - Oct 2024
Total Deposits (USD mn) 41,004.509 Oct 2024 monthly Jan 2001 - Oct 2024
Total Deposits Growth (%) 5.8 Oct 2024 monthly Jan 2002 - Oct 2024
Domestic Credit (USD mn) 49,189.1 Nov 2024 monthly Jan 2001 - Nov 2024
Domestic Credit Growth (%) 5.3 Nov 2024 monthly Jan 2002 - Nov 2024
Total Loans (USD mn) 34,296.881 Apr 2024 monthly Jan 2001 - Apr 2024
Total Loans Growth (%) 5.26 Apr 2024 monthly Jan 2002 - Apr 2024
Private Debt: % of Nominal GDP (%) 74.92 2023 yearly 2003 - 2023
Monetary Survey: Domestic Credits (DO) (NPR mn) 6,642,495.175 Nov 2024 monthly Jan 2001 - Nov 2024
Monetary Survey: Narrow Money M1 (NPR mn) 978,392.470 Nov 2024 monthly Jan 2001 - Nov 2024
Monetary Survey: Broad Money M2 (NPR mn) 7,184,848.700 Nov 2024 monthly Jan 2001 - Nov 2024
Commercial Banks: Deposits exclude Interbank (NPR mn) 5,513,876.294 Oct 2024 monthly Jan 2001 - Oct 2024
Commercial Banks: Loans & Advances (NPR mn) 1,945,068.90 Jan 2018 monthly Jan 2001 - Jan 2018
CB: NPL (NPR mn) 27,174.060 2015 yearly 2003 - 2015

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