Unemployment Rate in Faroe Islands remained unchanged at 1 percent in November from 1 percent in October of 2021. source: Statistics Faroe Islands

Unemployment Rate in Faroe Islands averaged 4.09 percent from 1995 until 2021, reaching an all time high of 14.30 percent in May of 1995 and a record low of 1 percent in September of 2019. This page provides - Faroe Islands Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Faroe Islands Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Unemployment Rate in Faroe Islands is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Faroe Islands Unemployment Rate is projected to trend around 1.00 percent in 2023, according to our econometric models.

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Faroe Islands Unemployment Rate

Related Last Previous Unit Reference
Population 0.05 0.05 Million Dec 2021
Unemployment Rate 1.00 1.00 percent Nov 2021
Unemployed Persons 295.00 304.00 Nov 2021