Norway's sovereign wealth fund reached $1.80 trillion, doubling in five years and owning 1.5% of global stocks.

Norway's sovereign wealth fund hit a record 20 trillion crowns ($1.80 trillion), doubling in five years. Established in 1996, it now owns 1.5% of global listed stocks and is almost four times Norway's GDP. Growth was fueled by oil and gas revenues, rising stock markets, and economic stimulus post-COVID. The fund's value is comparable to Australia's GDP, despite having a much smaller population.

4 months ago
9 Articles

Further Reading