Market Value

Government Pension Fund Norway (GPFN)

Article | Last updated: 2018-04-10 | Ministry of Finance

The market value of the GPFN was 240 billion Norwegian kroner at the end of 2017. This represents an increase of about 28 billion kroner since the beginning of 2017. 64.5 percent of the Fund capital was invested in equities, whilst the residual portion was invested in fixed-income securities.

Market value development 1996 – 31 December 2017. NOK billion

Source: Folketrygdfondet and Ministry of Finance

Until 2005 a major part of the assets of the GPFN was invested with the Treasury in the form of mandatory deposits. The GPFN's participation in the mandatory deposits was discontinued in December 2006, and an amount corresponding to 101.8 billion kroner was repaid to the State from the assets of the Fund.