Faroe Islands Unemployment Rate

Unemployment Rate in Faroe Islands increased to 1.20 percent in June from 1.10 percent in May of 2019. Unemployment Rate in Faroe Islands averaged 4.36 percent from 1995 until 2019, reaching an all time high of 14.30 percent in May of 1995 and a record low of 1.10 percent in February of 2019.

Unemployment Rate in Faroe Islands is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Faroe Islands to stand at 1.20 in 12 months time. In the long-term, the Faroe Islands Unemployment Rate is projected to trend around 1.50 percent in 2020, according to our econometric models.

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Faroe Islands Labour	Last	Previous	Highest	Lowest	Unit
Population	0.05	0.05	0.05	0.04	Million	[+]
Unemployed Persons	336.00	333.00	2925.00	333.00		[+]
Unemployment Rate	1.20	1.10	14.30	1.10	percent	[+]

This page provides - Faroe Islands Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Faroe Islands Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.20	1.10	14.30	1.10	1995 - 2019	percent	Monthly	SA

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Country	Last		Previous	Range
South Africa	29.00	Jun/19	27.6	31.2 : 21.5	%
Spain	14.02	Jun/19	14.7	26.94 : 4.41	%
Turkey	13.00	Jun/19	12.8	14.8 : 7.3	%
Brazil	11.80	Jul/19	12	13.7 : 6.2	%
Argentina	10.10	Mar/19	9.1	20.8 : 5.9	%
Italy	9.90	Jul/19	9.8	13.1 : 5.8	%
France	8.50	Jun/19	8.7	10.7 : 7.2	%
Euro Area	7.50	Jul/19	7.5	12.1 : 7.3	%
India	6.00	Dec/18	5	8.3 : 3.53	%
Canada	5.70	Aug/19	5.7	13.1 : 2.9	%
Saudi Arabia	5.60	Jun/19	5.7	6.3 : 4.35	%
Australia	5.20	Jul/19	5.2	11.2 : 4	%
Indonesia	5.01	Mar/19	5.34	11.24 : 2	%
Russia	4.50	Jul/19	4.4	14.1 : 4.4	%
United Kingdom	3.80	Jul/19	3.9	12 : 3.4	%
Mexico	3.70	Jul/19	3.6	6.42 : 2.22	%
United States	3.70	Aug/19	3.7	10.8 : 2.5	%
China	3.61	Jun/19	3.67	4.3 : 3.61	%
Netherlands	3.40	Jul/19	3.4	7.9 : 3.3	%
South Korea	3.10	Aug/19	4	7.1 : 3	%
Germany	3.00	Jul/19	3.1	11.5 : 0.4	%
Japan	2.20	Jul/19	2.3	5.5 : 1	%
Singapore	2.20	Jun/19	2.2	6 : 1.4	%
Switzerland	2.10	Aug/19	2.1	5.7 : 1.5	%