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Market Value

Government Pension Fund Global market value from 1996 to 2023. NOK billion GPFG market value development 1996-2023. NOK billion

Market Value

Government Pension Fund market value from 1996 to 2023. NOK billion The accumulation of capital in the GPFG originates by and large from the conversion of oil and gas resources in the North Sea and Norwegian Sea to financial assets abroad. Petroleum

Fund Performance

GPFN annual geometric average return. Measured in Norwegian kroner. Per cent 2023 Last 5 years Last 10 years Since 2007 SPN Portfolio 11,40 8,24 7,82 7,37 Benchmark index 9,94 7,35 6,88 6,38 Excess return (percentage points) 1,47 0,89 0,94 0,99

Fund Performance

GPFG annual geometric average return. Measured in the currency basket. Per cent 2023 Lat 5 years Last 10 years Last 20 years GPFG Portfolio 16,14 8,72 6,71 6,51 Benchmark index 16,32 8,30 6,48 6,27 Excess return (percentage points)1 -0,18 0,42 0,22

The National Budget 2024: A budget to safeguard Norwegian households

The budget for 2024 provides security and opportunity for people and businesses throughout Norway. There are expenditure increases in several areas due to war in Europe, a record number of refugees and higher prices. The Government’s priorities are

Prop. 1 LS (2023–2024) - Taxes 2024

Prop. 1 LS (2023–2024) Proposition to the Storting (Bill and Draft Resolution) For the 2024 Budget Year

Meld. St. 1 (2023–2024) - The National Budget 2024

Meld. St. 1 (2023–2024) Report to the Storting (white paper)

Prop. 2 LS (2023–2024) - Resource rent tax on onshore wind power

Government budget 2024: Norway will continue to receive patients from Ukraine

The government has proposed a grant of NOK 200 million in 2024 to support the treatment of patients from Ukraine in Norwegian hospitals. To date, more than 300 patients have arrived in Norway as part of the medevac scheme. Since the start of the war

The National Budget 2024: Key Figures in the National Budget 2024

The Ministry of Finance publishes selected key figures at 8 am, prior to the publication of the budget at 9 am. More detailed projections will be published in the National Budget.

The National Budget 2024: The Government will introduce a resource rent tax on onshore wind power from 2024

The Government is today presenting a modified bill for the introduction of a resource rent tax on onshore wind power from 2024. The proposal will ensure that a larger share of the value added in the wind power industry will accrue to society as a

Petroleum Price Board and the norm prices

The Norwegian Ministry of Energy collects information about sale of crude, natural gas liquids (NGLs) and natural gas from the Norwegian shelf. From 1 July 2011 the companies that submit reports to the Ministry shall report their sales through the

Previous national budgets

2023 The Revised National Budget 2023 The National Budget 2023 2022 The Revised National Budget 2022 Amendment to the 2022 Fiscal Budget Proposal (no English documents) The National Budget 2022 - Chapter 2.1 (pdf) The National Budget 2022 - Chapter

Statement from Foreign Minister Huitfeldt on Russia's attack in Hroza

‘Russia's horrendous attack in Hroza is yet another demonstration of their complete lack of respect for civilian lives, international law and the UN charter. Each of these attacks must be condemned and Russia must be held responsible’, said Minister

The speech from the throne by His Majesty The King on the occasion of the opening of the 168th session of the Storting

President, Representatives of the People. I greet the Storting as it takes up its solemn responsibilities with the wish that the fulfilment of these duties will be of benefit to our country.

Evaluations and reports

On this page you can find links to agreements, reports and evaluations related to the EEA and Norway Grants.

Norway to provide support to civilians in Nagorno-Karabakh

‘Norway will provide NOK 20 million in humanitarian assistance to the civilian population in Nagorno-Karabakh. The support will be used to assist both those who have fled and those who remain in the region,’ said Minister of Foreign Affairs Anniken

State ownership in numbers

Market value of the State's ownership interests on Oslo Stock Exchange Market value of the State's ownership interests on Oslo Stock Exchange:numbers in real time from OMS (oms.no) Key figures 2022 Here follows an overview of the State's direct

Norway is tightening its restrictive measures against Russia

In response to Russia's unlawful war against Ukraine, Norway is tightening its restrictive measures against Russia.

Identification of systemically important institutions

The Ministry of Finance has today decided that DNB ASA, Kommunalbanken AS, Nordea Eiendomskreditt AS and Sparebank 1 SR-Bank ASA shall be identified as systemically important institutions in Norway, as recommended by the Norwegian FSA.