Faroe Islands
Faroe Islands has a unemployment rate value of 8.5%. Unemployment rate or modeled local labor-market proxy.
Source family: World Bank Open Data. Country-level STATLAS estimate created during World Bank coverage expansion until a public source supplies this metric.
Confidence model
STATLAS combines source-backed and modeled estimates. Confidence is shown per metric, with official data used where available.
Faroe Islands has a unemployment rate value of 8.5% in 2026. STATLAS shows this value with source attribution and update history so it can be compared against related places.
Faroe Islands's unemployment rate value is 8.5%, which reads as moderate. For Unemployment Rate, lower values are generally stronger, so the direction of the number matters as much as the value itself.
Faroe Islands's unemployment rate value is 8.5% for 2026. Compare it with other country profiles and country rankings because lower values are generally stronger for this metric.
Faroe Islands's unemployment rate value of 8.5% is marked for 2026 and was last refreshed on 2026-05-28. STATLAS keeps this date visible next to the source record.
Faroe Islands's unemployment rate value of 8.5% uses World Bank Open Data as the displayed source family. The metric description is: Unemployment rate or modeled local labor-market proxy.