Market Value

Government Pension Fund Norway (GPFN)

Government Pension Fund Norway market value from 1996 to 2023. NOK billion1

Government Pension Fund Norway market value from 1996 to 2023. NOK billion1
Sources: Folketrygdfondet and Ministry of Finance.

1 A major part of the GPFN assets was invested with the Treasury in the form of mandatory deposits until 2005. Folketrygdfondet’s participation in the mandatory deposit arrangement was discontinued in December 2006, and fund assets amounting to about NOK 100 billion were repaid to the central government.