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Elections·Denmark

Next Prime Minister of Faroe Islands

Market icon
Elections·Denmark

Next Prime Minister of Faroe Islands

Beinir Johannesen 77%

Aksel V. Johannesen 13%

Høgni Hoydal 4.7%

Bárður á Steig Nielsen 4.4%

Polymarket
NEW

Beinir Johannesen 77%

Aksel V. Johannesen 13%

Høgni Hoydal 4.7%

Bárður á Steig Nielsen 4.4%

Polymarket
NEW
Market icon

Beinir Johannesen

$1,774 Vol.

77%

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Aksel V. Johannesen

$628 Vol.

13%

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Høgni Hoydal

$309 Vol.

5%

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Bárður á Steig Nielsen

$736 Vol.

4%

Market icon

Ruth Vang

$288 Vol.

3%

Market icon

Jenis av Rana

$290 Vol.

3%

General elections are scheduled to be held in the Faroe Islands on 26 March 2026. This market will resolve to the individual who is formally appointed as Løgmaður (Prime Minister) of the Faroe Islands following the 2026 Faroese general election. To count for resolution, the individual must be formally appointed as Løgmaður following the 2026 Faroese general election. Any interim or caretaker head of government will not count toward the resolution of this market. If no such Prime Minister is appointed by March 31, 2027, 11:59 PM ET, this market will resolve to “Other”. The primary resolution source for this market will be official information from the Government of the Faroe Islands; however, a consensus of credible reporting may also be used.General elections are scheduled to be held in the Faroe Islands on 26 March 2026. This market will resolve to the individual who is formally appointed as Løgmaður (Prime Minister) of the Faroe Islands following the 2026 Faroese general election. To count for resolution, the individual must be formally appointed as Løgmaður following the 2026 Faroese general election. Any interim or caretaker head of government will not count toward the resolution of this market. If no such Prime Minister is appointed by March 31, 2027, 11:59 PM ET, this market will resolve to “Other”. The primary resolution source for this market will be official information from the Government of the Faroe Islands; however, a consensus of credible reporting may also be used.General elections are scheduled to be held in the Faroe Islands on 26 March 2026. This market will resolve to the individual who is formally appointed as Løgmaður (Prime Minister) of the Faroe Islands following the 2026 Faroese general election. To count for resolution, the individual must be formally appointed as Løgmaður following the 2026 Faroese general election. Any interim or caretaker head of government will not count toward the resolution of this market. If no such Prime Minister is appointed by March 31, 2027, 11:59 PM ET, this market will resolve to “Other”. The primary resolution source for this market will be official information from the Government of the Faroe Islands; however, a consensus of credible reporting may also be used.General elections are scheduled to be held in the Faroe Islands on 26 March 2026. This market will resolve to the individual who is formally appointed as Løgmaður (Prime Minister) of the Faroe Islands following the 2026 Faroese general election. To count for resolution, the individual must be formally appointed as Løgmaður following the 2026 Faroese general election. Any interim or caretaker head of government will not count toward the resolution of this market. If no such Prime Minister is appointed by March 31, 2027, 11:59 PM ET, this market will resolve to “Other”. The primary resolution source for this market will be official information from the Government of the Faroe Islands; however, a consensus of credible reporting may also be used.General elections are scheduled to be held in the Faroe Islands on 26 March 2026. This market will resolve to the individual who is formally appointed as Løgmaður (Prime Minister) of the Faroe Islands following the 2026 Faroese general election. To count for resolution, the individual must be formally appointed as Løgmaður following the 2026 Faroese general election. Any interim or caretaker head of government will not count toward the resolution of this market. If no such Prime Minister is appointed by March 31, 2027, 11:59 PM ET, this market will resolve to “Other”. The primary resolution source for this market will be official information from the Government of the Faroe Islands; however, a consensus of credible reporting may also be used.General elections are scheduled to be held in the Faroe Islands on 26 March 2026. This market will resolve to the individual who is formally appointed as Løgmaður (Prime Minister) of the Faroe Islands following the 2026 Faroese general election. To count for resolution, the individual must be formally appointed as Løgmaður following the 2026 Faroese general election. Any interim or caretaker head of government will not count toward the resolution of this market. If no such Prime Minister is appointed by March 31, 2027, 11:59 PM ET, this market will resolve to “Other”. The primary resolution source for this market will be official information from the Government of the Faroe Islands; however, a consensus of credible reporting may also be used.

General elections are scheduled to be held in the Faroe Islands on 26 March 2026.

This market will resolve to the individual who is formally appointed as Løgmaður (Prime Minister) of the Faroe Islands following the 2026 Faroese general election.

To count for resolution, the individual must be formally appointed as Løgmaður following the 2026 Faroese general election. Any interim or caretaker head of government will not count toward the resolution of this market.

If no such Prime Minister is appointed by March 31, 2027, 11:59 PM ET, this market will resolve to “Other”.

The primary resolution source for this market will be official information from the Government of the Faroe Islands; however, a consensus of credible reporting may also be used.
Volume
$4,023
End Date
Mar 26, 2026
Market Opened
Mar 19, 2026, 7:20 PM ET

Resolver

0x69c47De9D...
General elections are scheduled to be held in the Faroe Islands on 26 March 2026. This market will resolve to the individual who is formally appointed as Løgmaður (Prime Minister) of the Faroe Islands following the 2026 Faroese general election. To count for resolution, the individual must be formally appointed as Løgmaður following the 2026 Faroese general election. Any interim or caretaker head of government will not count toward the resolution of this market. If no such Prime Minister is appointed by March 31, 2027, 11:59 PM ET, this market will resolve to “Other”. The primary resolution source for this market will be official information from the Government of the Faroe Islands; however, a consensus of credible reporting may also be used.
General elections are scheduled to be held in the Faroe Islands on 26 March 2026. This market will resolve to the individual who is formally appointed as Løgmaður (Prime Minister) of the Faroe Islands following the 2026 Faroese general election. To count for resolution, the individual must be formally appointed as Løgmaður following the 2026 Faroese general election. Any interim or caretaker head of government will not count toward the resolution of this market. If no such Prime Minister is appointed by March 31, 2027, 11:59 PM ET, this market will resolve to “Other”. The primary resolution source for this market will be official information from the Government of the Faroe Islands; however, a consensus of credible reporting may also be used.General elections are scheduled to be held in the Faroe Islands on 26 March 2026. This market will resolve to the individual who is formally appointed as Løgmaður (Prime Minister) of the Faroe Islands following the 2026 Faroese general election. To count for resolution, the individual must be formally appointed as Løgmaður following the 2026 Faroese general election. Any interim or caretaker head of government will not count toward the resolution of this market. If no such Prime Minister is appointed by March 31, 2027, 11:59 PM ET, this market will resolve to “Other”. The primary resolution source for this market will be official information from the Government of the Faroe Islands; however, a consensus of credible reporting may also be used.General elections are scheduled to be held in the Faroe Islands on 26 March 2026. This market will resolve to the individual who is formally appointed as Løgmaður (Prime Minister) of the Faroe Islands following the 2026 Faroese general election. To count for resolution, the individual must be formally appointed as Løgmaður following the 2026 Faroese general election. Any interim or caretaker head of government will not count toward the resolution of this market. If no such Prime Minister is appointed by March 31, 2027, 11:59 PM ET, this market will resolve to “Other”. The primary resolution source for this market will be official information from the Government of the Faroe Islands; however, a consensus of credible reporting may also be used.General elections are scheduled to be held in the Faroe Islands on 26 March 2026. This market will resolve to the individual who is formally appointed as Løgmaður (Prime Minister) of the Faroe Islands following the 2026 Faroese general election. To count for resolution, the individual must be formally appointed as Løgmaður following the 2026 Faroese general election. Any interim or caretaker head of government will not count toward the resolution of this market. If no such Prime Minister is appointed by March 31, 2027, 11:59 PM ET, this market will resolve to “Other”. The primary resolution source for this market will be official information from the Government of the Faroe Islands; however, a consensus of credible reporting may also be used.General elections are scheduled to be held in the Faroe Islands on 26 March 2026. This market will resolve to the individual who is formally appointed as Løgmaður (Prime Minister) of the Faroe Islands following the 2026 Faroese general election. To count for resolution, the individual must be formally appointed as Løgmaður following the 2026 Faroese general election. Any interim or caretaker head of government will not count toward the resolution of this market. If no such Prime Minister is appointed by March 31, 2027, 11:59 PM ET, this market will resolve to “Other”. The primary resolution source for this market will be official information from the Government of the Faroe Islands; however, a consensus of credible reporting may also be used.General elections are scheduled to be held in the Faroe Islands on 26 March 2026. This market will resolve to the individual who is formally appointed as Løgmaður (Prime Minister) of the Faroe Islands following the 2026 Faroese general election. To count for resolution, the individual must be formally appointed as Løgmaður following the 2026 Faroese general election. Any interim or caretaker head of government will not count toward the resolution of this market. If no such Prime Minister is appointed by March 31, 2027, 11:59 PM ET, this market will resolve to “Other”. The primary resolution source for this market will be official information from the Government of the Faroe Islands; however, a consensus of credible reporting may also be used.

Trader consensus on Polymarket heavily favors incumbent Prime Minister Beinir Johannesen at 75% implied probability to remain Løgmaður of the Faroe Islands, driven by his Union Party's strongest performance in the April 29, 2024, Løgting election, securing 9 of 33 seats amid fragmented results with no outright majority. Ongoing coalition negotiations position Johannesen advantageously, as talks with the Progress Party and Centre Party advance toward a potential centre-right alliance excluding rivals. Former Prime Minister Aksel V. Johannesen's Social Democrats, down to 7 seats, trail at 13.5%, reflecting challenges in opposition-led alternatives. Lower odds for Høgni Hoydal, Bárður á Steig Nielsen, Jenis av Rana, and Ruth Vang stem from smaller party sizes and limited coalition appeal, with traders pricing in the incumbent's momentum absent major breakthroughs.

Experimental AI-generated summary referencing Polymarket data · Updated

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Frequently Asked Questions

"Next Prime Minister of Faroe Islands" is a prediction market on Polymarket with 6 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "Beinir Johannesen" at 77%, followed by "Aksel V. Johannesen" at 13%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 77¢ implies that the market collectively assigns a 77% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

"Next Prime Minister of Faroe Islands" is a newly created market on Polymarket, launched on Mar 19, 2026. As an early market, this is your opportunity to be among the first traders to set the odds and establish the market's initial price signals. You can also bookmark this page to track volume and trading activity as the market gains traction over time.

To trade on "Next Prime Minister of Faroe Islands," browse the 6 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "Next Prime Minister of Faroe Islands" is "Beinir Johannesen" at 77%, meaning the market assigns a 77% chance to that outcome. The next closest outcome is "Aksel V. Johannesen" at 13%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "Next Prime Minister of Faroe Islands" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.