Unemployment, youth male (% of male labor force ages 15-24) in Faroe Islands
Faroe Islands: Unemployment, youth male (% of male labor force ages 15-24) was 8.4% in 2013. ▲ Rising
Unemployment, youth male (% of male labor force ages 15-24) in Faroe Islands, 2005–2013
Source: Labour Force Statistics database (LFS), International Labour Organization (ILO).
Analysis
Faroe Islands recorded 8.4% for unemployment, youth male (% of male labor force ages 15-24) in 2013.
That represents a change of up 12.3% on the previous year and down 11.4% over ten years.
Over the whole period, unemployment, youth male (% of male labor force ages 15-24) in Faroe Islands peaked at 19.5% in 2010 and was at its lowest, 3.1%, in 2007.
Faroe Islands ranks 113th of 157 countries on this measure, in the middle of the range.
Unemployment, youth male (% of male labor force ages 15-24) in Faroe Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 9.4% | — |
| 2006 | 8.4% | -11.2% |
| 2007 | 3.1% | -63.6% |
| 2008 | 11.4% | +271.8% |
| 2009 | 14.8% | +30.2% |
| 2010 | 19.5% | +31.8% |
| 2011 | 12.7% | -35.0% |
| 2012 | 7.4% | -41.2% |
| 2013 | 8.4% | +12.3% |
Faroe Islands compared with similar countries
- Faroe Islands's 8.4% is below the median for high income countries, which is 14.2%, 59% of the median. (68 countries reporting)
- Faroe Islands's 8.4% is below the median for Europe & Central Asia, which is 15.3%, 55% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.4% | 3.1% | 14.8% | 5 |
| 2010s | 12.0% | 7.4% | 19.5% | 4 |
Countries ranked near Faroe Islands
- 110 Isle of Man 8.7% compare
- 111 Afghanistan 8.5% compare
- 112 Paraguay 8.4% compare
- 114 Switzerland 8.3% compare
- 115 Samoa 8.3% compare
- 116 Kenya 8.2% compare
More work & labour data for Faroe Islands
- Population - Est. & Proj. — Total Population - Female 31.19 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.2458 % change on previous year (2100)
- 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. — Urban population, annual growth rate 0.9506 % change on previous year (2050)
- 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 - 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)
Frequently asked questions
- What is unemployment, youth male (% of male labor force ages 15-24) in Faroe Islands?
- Unemployment, youth male (% of male labor force ages 15-24) in Faroe Islands was 8.4% in 2013, according to Labour Force Statistics database (LFS), International Labour Organization (ILO).
- What is the highest unemployment, youth male (% of male labor force ages 15-24) recorded in Faroe Islands?
- The highest recorded value was 19.5% in 2010.
- What is the lowest unemployment, youth male (% of male labor force ages 15-24) recorded in Faroe Islands?
- The lowest recorded value was 3.1% in 2007.
- How does Faroe Islands rank for unemployment, youth male (% of male labor force ages 15-24)?
- Faroe Islands ranks 113th out of 157 countries with data for 2013.
- Is unemployment, youth male (% of male labor force ages 15-24) rising or falling in Faroe Islands?
- Over the last ten years it is down 11.4%. 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, youth male (% of male labor force ages 15-24) (national estimate). Statizoid updates them automatically from the source API.
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About this data
Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.