Pension fund assets to GDP (%) in Norway
Norway: Pension fund assets to GDP (%) was 12.3% in 2020. ▲ Rising
Pension fund assets to GDP in Norway, 2001–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
Norway recorded 12.3% for pension fund assets to gdp in 2020. That is the highest value across all 20 years on record.
That represents a change of up 14.1% on the previous year and up 64.8% over ten years.
Over the whole period, pension fund assets to gdp in Norway peaked at 12.3% in 2020 and was at its lowest, 5.4%, in 2001.
That places Norway 48th out of 87 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Pension fund assets to GDP (%) in Norway, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 5.4% | — |
| 2002 | 5.4% | +0.4% |
| 2003 | 6.4% | +17.4% |
| 2004 | 6.4% | +0.6% |
| 2005 | 6.6% | +2.5% |
| 2006 | 6.6% | +0.9% |
| 2007 | 6.8% | +3.1% |
| 2008 | 5.9% | -13.7% |
| 2009 | 7.2% | +22.5% |
| 2010 | 7.5% | +3.9% |
| 2011 | 7.2% | -3.7% |
| 2012 | 7.4% | +2.8% |
| 2013 | 8.1% | +9.2% |
| 2014 | 8.8% | +9.2% |
| 2015 | 9.7% | +9.6% |
| 2016 | 10.3% | +6.0% |
| 2017 | 10.5% | +2.2% |
| 2018 | 9.8% | -6.7% |
| 2019 | 10.8% | +10.6% |
| 2020 | 12.3% | +14.1% |
Norway compared with similar countries
- Norway's 12.3% is below the median for high income countries, which is 30.1%, 41% of the median. (46 countries reporting)
- Norway's 12.3% is above the median for Europe & Central Asia, which is 12.2%, 1.0× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.3% | 5.4% | 7.2% | 9 |
| 2010s | 9.0% | 7.2% | 10.8% | 10 |
| 2020s | 12.3% | 12.3% | 12.3% | 1 |
Countries ranked near Norway
More financial sector data for Norway
- Reserve position in the IMF, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 242.26 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.82 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 176.9 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 242.26 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.82 % change on previous year (2025)
Frequently asked questions
- What is pension fund assets to gdp in Norway?
- Pension fund assets to gdp in Norway was 12.3% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest pension fund assets to gdp recorded in Norway?
- The highest recorded value was 12.3% in 2020.
- What is the lowest pension fund assets to gdp recorded in Norway?
- The lowest recorded value was 5.4% in 2001.
- How does Norway rank for pension fund assets to gdp?
- Norway ranks 48th out of 87 countries with data for 2020.
- Is pension fund assets to gdp rising or falling in Norway?
- Over the last ten years it is up 64.8%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Nonbanking financial database, World Bank, published as part of Pension fund assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of assets of pension funds to GDP. A pension fund is any plan, fund, or scheme that provides retirement income. Data taken from a variety of sources such as OECD, AIOS, FIAP and national sources.