Unemployment rates: modeled vs. national estimates in Faroe Islands

Faroe Islands: Unemployment rates: modeled vs. national estimates was 4.0% in 2013. ▲ Rising

Latest (2013)
4.0%
Change on year
up 33.3%
World rank
122nd
of 185 countries
All-time high
6.4%
in 2010
All-time low
1.7%
in 2007
Years of data
13
2000–2013

Unemployment rates: modeled vs. national estimates in Faroe Islands, 2000–2013

234562000200620132000: 4.2 %2001: 4 %2003: 3.8 %2004: 3.7 %2005: 3.5 %2006: 1.8 %2007: 1.7 %2008: 2.4 %2009: 3.9 %2010: 6.4 %2011: 5.3 %2012: 3 %2013: 4 %

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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.2% 1.7% 4.2% 9
2010s 4.7% 3.0% 6.4% 4

Countries ranked near Faroe Islands

  1. 119 United States 4.3% compare
  2. 120 Cayman Islands 4.2% compare
  3. 121 Australia 4.2% compare
  4. 123 Trinidad and Tobago 4.0% compare
  5. 124 Ghana 4.0% compare
  6. 125 Ethiopia 3.9% compare

See the full ranking of 185 places →

More reference data data for Faroe Islands

All data for Faroe Islands →

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

Indicator
Unemployment rates: modeled vs. national estimates
Unit
%
Source
Labour Force Statistics, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
185 places, 5,169 data points, 1960–2025
Last refreshed

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.