Norway’s SWF achieves record growth

Norges Bank HQ, Oslo
Photo: Espen Schive

Norway’s sovereign wealth fund recorded its second-biggest annual growth rate in 2019, driven by rising US equities, the country’s central bank said today (February 27).

The Government Pension Fund Global (GPFG) achieved a return of 20% in 2019, the second highest in its history after the 25.6% expansion of 2009. That was an unconventional year that followed the fund’s unprecedented losses of 23.3% sustained during the financial crisis in 2008.

Last year, the fund recorded its largest annual

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account