Faroe Islands Unemployment RateFaroe Islands Unemployment RateFaroe Islands Unemployment Rate

Faroe Islands Unemployment Rate

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Key data points


Last release
Observation period
Aug 2025
Next release
Forecast
Highest
15.90% on Apr 30, 1995
Lowest
0.70% on Oct 31, 2023

About Faroe Islands Unemployment Rate


Category
Labor
Frequency
Monthly
Units
%

Faroe Islands in figures — see more economic indicators tied to FOUR.

Frequently Asked Questions


To calculate Faroe Islands Unemployment Rate you need to take the number of the country residents without a job and looking for work divided by the total number of residents in the labor force.
The lowest ever Faroe Islands Unemployment Rate is 0.70%.
The highest figure Faroe Islands Unemployment Rate has ever reached is 15.90%.
Last month Faroe Islands Unemployment Rate was 1.00%, and the month before it reached 1.00%.