Faroe Islands: Unemployment rate
* indicates monthly or quarterly data series
The most recent value is 0.9 percent as of July 2026, no change compared to the previous value of 0.9 percent. Historically, the average for the Faroe Islands from November 2005 to July 2026 is 2.63 percent. The minimum of 0.6 percent was recorded in June 2023, while the maximum of 8.1 percent was reached in February 2011.
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* indicates monthly or quarterly data series
- Measure: percent
- Definition: The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.
- Source: Statistics Faroe Islands
| Recent values | Faroe Islands: Unemployment rate, percent |
|---|---|
| 2026 Jul | 0.9 |
| 2026 Jun | 0.9 |
| 2026 May | 0.9 |
| 2026 Apr | 1 |
| 2026 Mar | 1.1 |
| 2026 Feb | 1 |
| 2026 Jan | 1 |
| 2025 Dec | 1 |
Download data from our database Other resources: All indicators for the Faroe Islands All indicators on the website Article: Are trade deficits bad for the economy? Article: Sources of economic growth Article: Currency values and investment returns All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Unemployment rate | 0.90 | 7/2026 | percent |