Overview Actual Q4 Q1 Q2 Q3 2022
Population (Million) 0.05 0.05 0.05 0.05 0.05 0.05
Unemployment Rate (%) 1.00 1.1 1.1 1.1 1.1 1.1
Inflation Rate (%) 3.10 3.5 3.1 2.7 2.5 1.8
Government Budget (% of GDP) -4.30 -5.4 -3.8 -3.8 -3.8 -3.8
Government Spending To GDP (% of GDP) 59.80 44 44 44 44 44

Labour Actual Q4 Q1 Q2 Q3 2022
Population (Million) 0.05 0.05 0.05 0.05 0.05 0.05
Unemployment Rate (%) 1.00 1.1 1.1 1.1 1.1 1.1

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 3.10 3.5 3.1 2.7 2.5 1.8

Government Actual Q4 Q1 Q2 Q3 2022
Government Budget (% of GDP) -4.30 -5.4 -3.8 -3.8 -3.8 -3.8
Government Spending To GDP (% of GDP) 59.80 44 44 44 44 44


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Faroe Islands Forecast - was last updated on Wednesday, December 8, 2021.