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Faroe Islands · Unemployment rate

Faroe Islands Unemployment rate

Source: ILOSTAT, International Labour Organization (CC BY 4.0). · updated 2013-12-31

Latest · 20134.03%
Previous · 20123.03%
Highest · 20106.39%
Lowest · 20071.73%

Faroe Islands's unemployment rate stands at 4.03% as of 2013-12-31, up from 3.03% in 2012. Historical data runs from 2005 to 2013 (9 observations).

Recent trend

In 2013, Faroe Islands's unemployment rate was 4.03%, up from 3.03% in 2012.

In 2012, Faroe Islands's unemployment rate was 3.03%, down from 5.29% in 2011.

In 2011, Faroe Islands's unemployment rate was 5.29%, down from 6.39% in 2010.

In 2010, Faroe Islands's unemployment rate was 6.39%, up from 3.94% in 2009.

In 2009, Faroe Islands's unemployment rate was 3.94%, up from 2.36% in 2008.

Faroe Islands Unemployment rate — historical data

YearValueChange
20134.03%+1.01%
20123.03%-2.26%
20115.29%-1.1%
20106.39%+2.45%
20093.94%+1.58%
20082.36%+0.632%
20071.73%-0.075%
20061.8%-1.66%
20053.46%

Source: ILOSTAT, International Labour Organization (CC BY 4.0). · Download this series as CSV — free, attribution required (CC BY 4.0).

More Faroe Islands data

Frequently asked questions

What is Faroe Islands's unemployment rate?

Faroe Islands's unemployment rate is 4.03% as of 2013-12-31, compared with 3.03% in 2012. Source: ILOSTAT, International Labour Organization (CC BY 4.0).

What was the highest unemployment rate in Faroe Islands?

The highest recorded value is 6.39% (2010); the lowest is 1.73% (2007), across data from 2005 to 2013.

Where does this data come from?

Source: ILOSTAT, International Labour Organization (CC BY 4.0). Figures are republished with attribution and updated as the source releases new observations.