Unemployment rate,Percent in South Asia

South Asia: Unemployment rate,Percent was 4.7% in 2023. ▼ Falling

Latest (2023)
4.7%
Change on year
unchanged
Rank
8th
of 9 groups
All-time high
15.9%
in 1990
All-time low
4.0%
in 2012
Years of data
34
1990–2023

Unemployment rate,Percent in South Asia, 1990–2023

57.51012.5151990200620231990: 15.91991: 14.71992: 14.61993: 13.81994: 13.11995: 12.31996: 11.31997: 10.51998: 9.21999: 8.92000: 7.62001: 7.92002: 8.82003: 8.12004: 8.12005: 7.72006: 6.52007: 62008: 5.42009: 5.92010: 4.92011: 4.22012: 42013: 4.42014: 4.32015: 4.72016: 4.42017: 4.22018: 4.42019: 4.82020: 5.52021: 5.12022: 4.72023: 4.7

Source: World Bank.

Analysis

South Asia recorded 4.7% for unemployment rate,percent in 2023.

That represents a change of up 6.8% over ten years.

Over the whole period, unemployment rate,percent in South Asia peaked at 15.9% in 1990 and was at its lowest, 4.0%, in 2012.

The long-run direction has been consistently falling across the 34 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 12.4% 8.9% 15.9% 10
2000s 7.2% 5.4% 8.8% 10
2010s 4.4% 4.0% 4.9% 10
2020s 5.0% 4.7% 5.5% 4

Countries ranked near South Asia

  1. 5 Algeria 11.7% compare
  2. 6 North Macedonia 11.5% compare
  3. 7 Spain 10.5% compare
  4. 8 Finland 9.7% compare
  5. 9 Greece 8.9% compare
  6. 10 Colombia 8.9% compare
  7. 11 Chile 8.5% compare

See the full ranking of 80 places →

More reference data data for South Asia

All data for South Asia →

Frequently asked questions

What is unemployment rate,percent in South Asia?
Unemployment rate,percent in South Asia was 4.7% in 2023, according to the World Bank.
What is the highest unemployment rate,percent recorded in South Asia?
The highest recorded value was 15.9% in 1990.
What is the lowest unemployment rate,percent recorded in South Asia?
The lowest recorded value was 4.0% in 2012.
How does South Asia rank for unemployment rate,percent?
South Asia ranks 8th out of 9 groups with data for 2023.
Is unemployment rate,percent rising or falling in South Asia?
Over the last ten years it is up 6.8%. The long-run trend across the full record is falling.
Where does this South Asia data come from?
The figures come from the World Bank, published as part of Unemployment rate,Percent,,,. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Unemployment rate,Percent,,,
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
80 places, 2,196 data points, 1990–2026
Last refreshed