Faroe Islands — Unemployment rate
percent · Annual · 1995–2025 · 31 observations
About this series
The unemployment rate is the number of people without work who are available for and seeking work, divided by the labour force. It is expressed as a percentage.
In the Faroe Islands, the unemployment rate reading was 1% in 2025, compared with 1.6% in 2024. The period change was −0.6 percentage points. The latest reading was below the selected 10-year average of 1.96%.
Get the full series
- Annual data, 1995–2025
- All 2 sources, downloadable
Latest observations
2016–2025
| Period | Value |
|---|---|
| 2025 | 1 % |
| 2024 | 1.6 % |
| 2023 | 1.4 % |
| 2022 | 2.1 % |
| 2021 | 2.2 % |
5 earlier values, back to 2016
| 2020 | 1.8 % |
| 2019 | 1.4 % |
| 2018 | 1.9 % |
| 2017 | 2.6 % |
| 2016 | 3.6 % |