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Fund Performance for The Government Pension Fund Global

GPFG annual geometric average return. Measured in the currency basket. Per cent 2025 Last 5 years Last 10 years Last 20 years GPFG Portfolio 15,11 8,26 8,47 6,90 Benchmark index 15,39 8,07 8,31 6,77 Excess return (percentage points)1 -0,28 0,19 0,19

Annual Report to the Storting

Transparency is a prerequisite for ensuring widespread confidence in the management of the Government Pension Fund. The Ministry gives an account of the management of the Fund in an annual report to the Storting, as well as in the National Budget.

Market Value of The Government Pension Fund

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. The capital base of the GPFN originates primarily from surpluses in the

Governance model

The Ministry of Finance holds the overall responsibility for the management of the Government Pension Fund. The Government Pension Fund comprises the Government Pension Fund Global (GPFG) and the Government Pension Fund Norway (GPFN). The

Responsible investing

Responsible investing is an integrated part of the management of the Government Pension Fund. The purpose is to safeguard and promote the Fund's financial interests by promoting responsible business conduct and long-term value creation in the

Foreign Service Control Unit

Control Director Margit F. Tveiten

European policy

It is in Norway’s national interest to cooperate closely with the EU and to participate actively in the ongoing political processes in Europe. In order to successfully influence important decisions, Norway must be more clear and assertive, and more

Meld. St. 7 (2025-2026)

The annual white paper on the Government Pension Fund for 2026.

Summary

Act relating to universities and university colleges

The Universities and University Colleges Act regulates higher education in Norway. The Act regulates the activities and responsibilities of universities and university colleges and contains, among other things, rules about the learning environment

Read act at lovdata.no

Report on long term perspectives for the Government Pension Fund Global submitted by committee

Today, a committee that has been reviewing long term perspectives for the Government Pension Fund Global (GPFG) submitted its report, NOU 2022: 12 The Fund in a changing world, to the Ministry of Finance. The committee was chaired by Ulf Sverdrup,

The Government Pension Fund Global to exit Russia

The Ministry of Finance has today informed the Fund manager Norges Bank to immediately freeze all investments made by the Government Pension Fund Global (GPFG) in Russia. The Ministry has further requested Norges Bank to prepare a plan for the

Meld. St. 14 (2018–2019) - Energy Stocks in the Government Pension Fund Global

List of Precedence, Heads of Mission and their spouses

List of Precedence, Heads of Mission and their spouses (PDF)

Norway to increase support to Ukraine and provide military equipment

The Norwegian Government has allocated up to NOK 2 billion for humanitarian assistance to Ukraine, and will provide military equipment such as helmets and bulletproof vests to the war-torn country. The Government will also align itself with the

Strategy for Norway’s cooperation with the World Bank 2026–2030

This strategy sets out priorities for Norway’s cooperation with the World Bank in the years to 2030. It outlines how Norway will work to strengthen the World Bank’s key role as a global driver of development in line with its mandate to eradicate

Department for Global Affairs

The Department for Global Affairs has responsibility for Norway’s cooperation with the major multilateral forums, such as the UN and the multilateral development banks, as well as long-term thematic initiatives in foreign and development policy,

Director General Tine Mørch Smith

Department for Security Policy

Norwegian security policy interests, both bilateral and in international organisations such as Nato and the OSCE. Norwegian interests in the High North and the Arctic/Antarctic, and Norwegian resource policy interests.

Director General Jon Elvedal Fredriksen

Department for European Affairs and International Trade

The Department for European Affairs and International Trade is responsible for Norway’s relations with the European Union, including matters relating to the EEA Agreement, the Schengen cooperation, justice and home affairs, and cooperation with EU

Director General Frode Overland Andersen

Christian Selmer

Christian August Selmer was lawyer and politician. Councillor of State 29 July 1874-11 October 1880, Chief of the Ministry of the Army. Member of the Interim Government in Stockholm 26 May-5 June 1875, Chief of the Ministry of the Army June 1875,