Unemployment, male (% of male labor force) in Faroe Islands
Faroe Islands: Unemployment, male (% of male labor force) was 3.4% in 2013. ▲ Rising
Unemployment, male (% of male labor force) in Faroe Islands, 2005–2013
Source: Labour Force Statistics database (LFS), International Labour Organization (ILO).
Analysis
In 2013, unemployment, male (% of male labor force) in Faroe Islands stood at 3.4%.
Compared with earlier readings it is up 18.1% on the previous year and up 18.3% over ten years.
Over the whole period, unemployment, male (% of male labor force) in Faroe Islands peaked at 5.1% in 2010 and was at its lowest, 1.4%, in 2007.
Faroe Islands ranks 125th of 181 countries on this measure, in the middle of the range.
Unemployment, male (% of male labor force) in Faroe Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 2.8% | — |
| 2006 | 1.8% | -38.2% |
| 2007 | 1.4% | -21.2% |
| 2008 | 3.4% | +145.1% |
| 2009 | 4.0% | +17.8% |
| 2010 | 5.1% | +26.5% |
| 2011 | 4.9% | -3.1% |
| 2012 | 2.8% | -41.9% |
| 2013 | 3.4% | +18.1% |
Faroe Islands compared with similar countries
- Faroe Islands's 3.4% is below the median for high income countries, which is 4.9%, 68% of the median. (75 countries reporting)
- Faroe Islands's 3.4% is below the median for Europe & Central Asia, which is 5.4%, 62% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.7% | 1.4% | 4.0% | 5 |
| 2010s | 4.0% | 2.8% | 5.1% | 4 |
Countries ranked near Faroe Islands
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. — 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 unemployment, male (% of male labor force) in Faroe Islands?
- Unemployment, male (% of male labor force) in Faroe Islands was 3.4% in 2013, according to Labour Force Statistics database (LFS), International Labour Organization (ILO).
- What is the highest unemployment, male (% of male labor force) recorded in Faroe Islands?
- The highest recorded value was 5.1% in 2010.
- What is the lowest unemployment, male (% of male labor force) recorded in Faroe Islands?
- The lowest recorded value was 1.4% in 2007.
- How does Faroe Islands rank for unemployment, male (% of male labor force)?
- Faroe Islands ranks 125th out of 181 countries with data for 2013.
- Is unemployment, male (% of male labor force) rising or falling in Faroe Islands?
- Over the last ten years it is up 18.3%. 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 Unemployment, male (% of male labor force) (national estimate). Statizoid updates them automatically from the source API.
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About this data
Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.