Unemployment rates: modeled vs. national estimates in Faroe Islands
Faroe Islands: Unemployment rates: modeled vs. national estimates was 4.0% in 2013. ▲ Rising
Unemployment rates: modeled vs. national estimates in Faroe Islands, 2000–2013
Source: Labour Force Statistics, via World Bank (2026) – processed by Our World in Data. Measured in %.
Analysis
Faroe Islands recorded 4.0% for unemployment rates: modeled vs. national estimates in 2013.
The figure is up 33.3% on the previous year and up 4.9% over ten years.
Over the whole period, unemployment rates: modeled vs. national estimates in Faroe Islands peaked at 6.4% in 2010 and was at its lowest, 1.7%, in 2007.
That places Faroe Islands 122nd out of 185 countries with data for 2013, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Unemployment rates: modeled vs. national estimates in Faroe Islands, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 4.2% | — |
| 2001 | 4.0% | -4.0% |
| 2003 | 3.8% | -3.8% |
| 2004 | 3.7% | -3.7% |
| 2005 | 3.5% | -6.6% |
| 2006 | 1.8% | -47.9% |
| 2007 | 1.7% | -4.2% |
| 2008 | 2.4% | +36.6% |
| 2009 | 3.9% | +66.9% |
| 2010 | 6.4% | +62.2% |
| 2011 | 5.3% | -17.2% |
| 2012 | 3.0% | -42.8% |
| 2013 | 4.0% | +33.3% |
Faroe Islands compared with similar countries
- Faroe Islands's 4.0% is below the median for high income countries, which is 4.9%, 82% of the median. (77 countries reporting)
- Faroe Islands's 4.0% is below the median for Europe & Central Asia, which is 5.6%, 73% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.2% | 1.7% | 4.2% | 9 |
| 2010s | 4.7% | 3.0% | 6.4% | 4 |
Countries ranked near Faroe Islands
- 119 United States 4.3% compare
- 120 Cayman Islands 4.2% compare
- 121 Australia 4.2% compare
- 123 Trinidad and Tobago 4.0% compare
- 124 Ghana 4.0% compare
- 125 Ethiopia 3.9% compare
More reference data data for Faroe Islands
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure Management 0.7467 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 0.015 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 31.38 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Enteric Fermentation 21.86 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure left on 6.33 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 8.43 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0051 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Crop Residues 0.015 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Agricultural 7.68 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 1.34 (2050)
Frequently asked questions
- What is unemployment rates: modeled vs. national estimates in Faroe Islands?
- Unemployment rates: modeled vs. national estimates in Faroe Islands was 4.0% in 2013, according to Labour Force Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest unemployment rates: modeled vs. national estimates recorded in Faroe Islands?
- The highest recorded value was 6.4% in 2010.
- What is the lowest unemployment rates: modeled vs. national estimates recorded in Faroe Islands?
- The lowest recorded value was 1.7% in 2007.
- How does Faroe Islands rank for unemployment rates: modeled vs. national estimates?
- Faroe Islands ranks 122nd out of 185 countries with data for 2013.
- Is unemployment rates: modeled vs. national estimates rising or falling in Faroe Islands?
- Over the last ten years it is up 4.9%. The long-run trend across the full record is rising.
- Where does this Faroe Islands data come from?
- The figures come from Labour Force Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Unemployment rates: modeled vs. national estimates. Statizoid updates them automatically from the source API.
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About this data
Share of the labor force without work, but actively looking for a job and available to start soon. Figures refer to national estimates and may not be fully comparable across countries.