The Faroe Islands U21 team was first formed in 2006 and took part in UEFA European Under-21 Championship qualifying for the first time in 2007 and 2008.

In 2006, it was announced that the Faroe Islands will have an under-21 team and will take part in qualification for the UEFA European Under-21 Football Championship.

In the 2011 UEFA Under-21 Championship qualifying, on 9 June 2009 Faroe Islands under-21 recorded a famous victory over Russia U21, beating them 1-0 after a goal in the first minute.

Faroe Islands U21 began the 2013 UEFA Under-21 Championship qualifying with two matches against Northern Ireland.

Captain Rógvi Holm missed the spotkick and the chance to give the team victory.

Faroe Islands drew 1-1 with Macedonia, ending a run of four straight defeats, but lost the other match 2-0 to Serbia.