Labor force participation rate, total (% of total population ages 15+) in Faroe Islands
Faroe Islands: Labor force participation rate, total (% of total population ages 15+) was 82.9% in 2013. ▲ Rising
Labor force participation rate, total (% of total population ages 15+) in Faroe Islands, 1960–2013
Source: Labour Force Statistics database (LFS), International Labour Organization (ILO).
Analysis
Faroe Islands recorded 82.9% for labor force participation rate, total (% of total population ages 15+) in 2013.
Compared with earlier readings it is down 0.5% on the previous year and down 4.9% over ten years.
Over the whole period, labor force participation rate, total (% of total population ages 15+) in Faroe Islands peaked at 87.2% in 2005 and was at its lowest, 40.2%, in 1966.
Faroe Islands ranks 5th of 199 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 13 years of available data.
Labor force participation rate, total (% of total population ages 15+) in Faroe Islands, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 60.2% | — |
| 1966 | 40.2% | -33.3% |
| 1970 | 57.4% | +42.7% |
| 1977 | 57.9% | +0.9% |
| 2005 | 87.2% | +50.6% |
| 2006 | 86.3% | -1.0% |
| 2007 | 84.5% | -2.0% |
| 2008 | 86.2% | +2.0% |
| 2009 | 83.3% | -3.4% |
| 2010 | 81.7% | -1.9% |
| 2011 | 78.0% | -4.5% |
| 2012 | 83.3% | +6.9% |
| 2013 | 82.9% | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 50.2% | 40.2% | 60.2% | 2 |
| 1970s | 57.6% | 57.4% | 57.9% | 2 |
| 2000s | 85.5% | 83.3% | 87.2% | 5 |
| 2010s | 81.5% | 78.0% | 83.3% | 4 |
Countries ranked near Faroe Islands
- 2 Tanzania, United Republic of 85.3% compare
- 3 Isle of Man 84.2% compare
- 4 Bermuda 84.0% compare
- 6 Cayman Islands 82.8% compare
- 7 Nigeria 81.5% compare
- 8 United Arab Emirates 81.4% compare
More work & labour data for Faroe Islands
- Population - Est. & Proj. — Urban population, annual growth rate 0.9506 % change on previous year (2050)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.2458 % change on previous year (2100)
- Population - Est. & Proj. — Urban population 28.99 1000 No (2050)
- Population - Est. & Proj. — Rural population 26.03 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 31.19 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 32.06 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 63.25 1000 No (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -0.8079 % change on previous year (2050)
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.2366 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.2271 % change on previous year (2100)
Frequently asked questions
- What is labor force participation rate, total (% of total population ages 15+) in Faroe Islands?
- Labor force participation rate, total (% of total population ages 15+) in Faroe Islands was 82.9% in 2013, according to Labour Force Statistics database (LFS), International Labour Organization (ILO).
- What is the highest labor force participation rate, total (% of total population ages 15+) recorded in Faroe Islands?
- The highest recorded value was 87.2% in 2005.
- What is the lowest labor force participation rate, total (% of total population ages 15+) recorded in Faroe Islands?
- The lowest recorded value was 40.2% in 1966.
- How does Faroe Islands rank for labor force participation rate, total (% of total population ages 15+)?
- Faroe Islands ranks 5th out of 199 countries with data for 2013.
- Is labor force participation rate, total (% of total population ages 15+) rising or falling in Faroe Islands?
- Over the last ten years it is down 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 database (LFS), International Labour Organization (ILO), published as part of Labor force participation rate, total (% of total population ages 15+) (national estimate). Statizoid updates them automatically from the source API.
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About this data
Labor force participation rate is the proportion of the population ages 15 and older that is economically active: all people who supply labor for the production of goods and services during a specified period.