There have been several parties participating in Faroese politics throughout time, but today there are only six parties represented in the Parliament. They are all, except one, parties with long traditions in Faroese politics. The youngest, the Centre Party, was founded in 1992 and was elected into the Parliament in 1994.
There has been a tradition on the islands for flexible coalitions. This is shown on the illustrations, wich shows the number of members of Parliament. The pillars for the years are coloured dark green, when the parties were in a coalition.