SDG indicator 8.5.2: Unemployment rate (previous ILO definition) in Faroe Islands
Faroe Islands: SDG indicator 8.5.2: Unemployment rate (previous ILO definition) was 4.03 in 2013. ▲ Rising
SDG indicator 8.5.2: Unemployment rate (previous ILO definition) in Faroe Islands, 2000–2013
Source: International Labour Organization.
Analysis
The most recent figure for sdg indicator 8.5.2: unemployment rate (previous ilo definition) in Faroe Islands is 4.03, measured in 2013.
Compared with earlier readings it is up 33.3% on the previous year and up 4.9% over ten years.
Over the whole period, sdg indicator 8.5.2: unemployment rate (previous ilo definition) in Faroe Islands peaked at 6.39 in 2010 and was at its lowest, 1.73, in 2007.
Faroe Islands ranks 115th of 179 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
SDG indicator 8.5.2: Unemployment rate (previous ILO definition) in Faroe Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.17 | — |
| 2001 | 4 | -4.0% |
| 2003 | 3.85 | -3.8% |
| 2004 | 3.7 | -3.7% |
| 2005 | 3.46 | -6.6% |
| 2006 | 1.8 | -47.9% |
| 2007 | 1.73 | -4.2% |
| 2008 | 2.36 | +36.6% |
| 2009 | 3.94 | +66.9% |
| 2010 | 6.39 | +62.2% |
| 2011 | 5.29 | -17.1% |
| 2012 | 3.03 | -42.8% |
| 2013 | 4.03 | +33.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.22 | 1.73 | 4.17 | 9 |
| 2010s | 4.68 | 3.03 | 6.39 | 4 |
Countries ranked near Faroe Islands
- 112 United States of America 4.28 compare
- 113 Cayman Islands 4.2 compare
- 114 Australia 4.17 compare
- 116 Trinidad and Tobago 4.01 compare
- 117 Jersey 4 compare
- 118 Ghana 3.97 compare
More work & labour data for Faroe Islands
- Population - Est. & Proj. — Total Population - Male 32.06 1000 No (2100)
- Population - Est. & Proj. — Rural population 26.03 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.2271 % 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 31.19 1000 No (2100)
- Population - Est. & Proj. — Urban population 28.99 1000 No (2050)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.2458 % change on previous year (2100)
- Population - Est. & Proj. — Urban population, annual growth rate 0.9506 % change on previous year (2050)
- Population - Est. & Proj. — Total Population - Both sexes 63.25 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.2366 % change on previous year (2100)
Frequently asked questions
- What is sdg indicator 8.5.2: unemployment rate (previous ilo definition) in Faroe Islands?
- Sdg indicator 8.5.2: unemployment rate (previous ilo definition) in Faroe Islands was 4.03 in 2013, according to International Labour Organization.
- What is the highest sdg indicator 8.5.2: unemployment rate (previous ilo definition) recorded in Faroe Islands?
- The highest recorded value was 6.39 in 2010.
- What is the lowest sdg indicator 8.5.2: unemployment rate (previous ilo definition) recorded in Faroe Islands?
- The lowest recorded value was 1.73 in 2007.
- How does Faroe Islands rank for sdg indicator 8.5.2: unemployment rate (previous ilo definition)?
- Faroe Islands ranks 115th out of 179 countries with data for 2013.
- Is sdg indicator 8.5.2: unemployment rate (previous ilo definition) 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 International Labour Organization, published as part of SDG indicator 8.5.2: Unemployment rate (previous ILO definition - ICLS13) (15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Data may differ from nationally reported figures and the Global SDG Indicators Database due to differences in sources and/or reference years. The unemployment rate conveys the number of persons who are unemployed as a percent of the labour force (i.e., the employed plus the unemployed). The unemployed comprise all persons of working age who were: a) without work during the reference period, i.e. were not in paid employment or self-employment; b) currently available for work, i.e. were available for paid employment or self-employment during the reference period; and c) seeking work, i.e. had taken specific steps in a specified recent period to seek paid employment or self-employment. For more information, refer to the Labour Market-related SDG Indicators (ILOSDG) database description.