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Elections·Denmark

Next Prime Minister of Faroe Islands

Market icon
Elections·Denmark

Next Prime Minister of Faroe Islands

Beinir Johannesen 83%

Bárður á Steig Nielsen 26%

Aksel V. Johannesen 20%

Høgni Hoydal 13%

Polymarket
NEW

Beinir Johannesen 83%

Bárður á Steig Nielsen 26%

Aksel V. Johannesen 20%

Høgni Hoydal 13%

Polymarket
NEW
Market icon

Beinir Johannesen

$25 Vol.

77%

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Bárður á Steig Nielsen

$0 Vol.

26%

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Aksel V. Johannesen

$4 Vol.

20%

Market icon

Høgni Hoydal

$0 Vol.

13%

Market icon

Ruth Vang

$0 Vol.

9%

Market icon

Jenis av Rana

$0 Vol.

9%

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
$29
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 strongly favors Beinir Johannesen at 77.5% implied probability to become the next Løgmaður (Prime Minister) of the Faroe Islands, driven by his People's Party topping the April 29, 2024, Løgting election with 8 seats amid fragmented results and coalition talks. No party secured a majority in the 33-seat parliament, positioning Johannesen's centre-right bloc for negotiations with Union Party's Bárður á Steig Nielsen (7 seats, 26%) and potentially Centre's Ruth Vang (5 seats, 8.5%) or Progress' Jenis av Rana (6 seats, 8.5%). Incumbent Aksel V. Johannesen (Social Democrats, 7 seats, 17.5%) and Republic's Høgni Hoydal (3 seats, 13%) face headwinds from shifting alliances. Recent developments include exploratory talks advancing a People's-Union-Centre pact, excluding left-leaning parties, as confirmed in official statements, tightening odds toward Johannesen while upcoming deadline pressures loom.

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 78%, followed by "Bárður á Steig Nielsen" at 26%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 78¢ implies that the market collectively assigns a 78% 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 78%, meaning the market assigns a 78% chance to that outcome. The next closest outcome is "Bárður á Steig Nielsen" at 26%. 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.