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
Related indicators
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%.