Labour force: ICLS13) (15+) … previous ICLS13 15+ in Faroe Islands
Faroe Islands: Labour force participation rate (previous ILO definition - ICLS13) was 82.9 in 2013. ▲ Rising
Labour force participation rate (previous ILO definition - ICLS13) in Faroe Islands, 1960–2013
Source: International Labour Organization.
Analysis
The most recent figure for labour force participation rate (previous ilo definition - icls13) in Faroe Islands is 82.9, measured in 2013.
The figure is down 0.5% on the previous year and down 4.9% over ten years.
Over the whole period, labour force participation rate (previous ilo definition - icls13) in Faroe Islands peaked at 87.17 in 2005 and was at its lowest, 40.18, in 1966.
That places Faroe Islands 6th out of 210 countries with data for 2013, putting it in the top 10%.
The long-run direction has been consistently rising across the 13 years of available data.
Labour force participation rate (previous ILO definition - ICLS13) in Faroe Islands, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 60.25 | — |
| 1966 | 40.18 | -33.3% |
| 1970 | 57.36 | +42.7% |
| 1977 | 57.88 | +0.9% |
| 2005 | 87.17 | +50.6% |
| 2006 | 86.26 | -1.0% |
| 2007 | 84.55 | -2.0% |
| 2008 | 86.22 | +2.0% |
| 2009 | 83.27 | -3.4% |
| 2010 | 81.67 | -1.9% |
| 2011 | 77.96 | -4.5% |
| 2012 | 83.34 | +6.9% |
| 2013 | 82.9 | -0.5% |
Faroe Islands compared with similar countries
- Faroe Islands's 82.9 is above the median for high income countries, which is 63.11, 1.3× the median. (80 countries reporting)
- Faroe Islands's 82.9 is above the median for Europe & Central Asia, which is 61.7, 1.3× the median. (53 countries reporting)
Biggest year-on-year movements
Years where Labour force participation rate (previous ILO definition - ICLS13) in Faroe Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +50.6% | 57.88 | 87.17 |
| 1970 | +42.7% | 40.18 | 57.36 |
| 1966 | -33.3% | 60.25 | 40.18 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 50.22 | 40.18 | 60.25 | 2 |
| 1970s | 57.62 | 57.36 | 57.88 | 2 |
| 2000s | 85.49 | 83.27 | 87.17 | 5 |
| 2010s | 81.47 | 77.96 | 83.34 | 4 |
Countries ranked near Faroe Islands
- 3 Tanzania 85.29 compare
- 4 Isle of Man 84.18 compare
- 5 Bermuda 84 compare
- 7 Cayman Islands 82.8 compare
- 8 Nigeria 81.54 compare
- 9 United Arab Emirates 81.36 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. — Total Population - Both sexes 63.25 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 32.06 1000 No (2100)
- Population - Est. & Proj. — Total Population - Female 31.19 1000 No (2100)
- Population - Est. & Proj. — Rural population 26.03 1000 No (2050)
- Population - Est. & Proj. — Urban population 28.99 1000 No (2050)
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.2366 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -0.8079 % change on previous year (2050)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.2271 % change on previous year (2100)
Frequently asked questions
- What is labour force participation rate (previous ilo definition - icls13) in Faroe Islands?
- Labour force participation rate (previous ilo definition - icls13) in Faroe Islands was 82.9 in 2013, according to International Labour Organization.
- What is the highest labour force participation rate (previous ilo definition - icls13) recorded in Faroe Islands?
- The highest recorded value was 87.17 in 2005.
- What is the lowest labour force participation rate (previous ilo definition - icls13) recorded in Faroe Islands?
- The lowest recorded value was 40.18 in 1966.
- How does Faroe Islands rank for labour force participation rate (previous ilo definition - icls13)?
- Faroe Islands ranks 6th out of 210 countries with data for 2013.
- Is labour force participation rate (previous ilo definition - icls13) 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 International Labour Organization, published as part of Labour force participation rate (previous ILO definition - ICLS13) (15+). Statizoid updates them automatically from the source API.
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. The labour force participation rate is the labour force as a percent of the working-age population. The labour force is the sum of all persons of working age who are employed and those who are unemployed. For more information, refer to the Labour Force Statistics (LFS and STLFS) database description.