List of countries by sovereign wealth funds

A sovereign wealth fund (SWF) is a fund owned by a state (or a political subdivision of a federal state) composed of financial assets such as stocks, bonds, property or other financial instruments. Sovereign wealth funds are entities that manage the national savings for the purposes of investment. The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and International Monetary Fund (IMF) reserve position held by central banks and monetary authorities, along with other national assets such as pension investments, oil funds, or other industrial and financial holdings. These are assets of the sovereign nations which are typically held in domestic and different reserve currencies such as the dollar, euro and yen. The names attributed to the management entities may include central banks, official investment companies, state pension funds, sovereign oil funds, among others.

Some countries may have more than one SWF (see also the list of largest sovereign wealth funds[1]). Also, while the United States does not have a federal sovereign wealth fund, several of its constituent states have their own SWFs, and one state, Texas, has two.

Rank Country Funds Assets (US$Billion) Origin
1  China CIC / SAFE / NCSSF / CADF 1,528.8 Non-commodity
2  United Arab Emirates ADIA / ADIC / EIA / ICD /
IPIC / MDC / RIA
1,246.8 Oil
3  Norway GPF 885[2][3] Oil
4  Saudi Arabia PIF / SAMA 758.4 Oil
5  Kuwait KIA 592 Oil
6  Singapore GIC / TH 543.6 Non-commodity
7  Hong Kong HKMA 442.4 Non-commodity
8  Qatar QIA 335 Oil
9  Russia RNWF / RRF / RDIF 152.2 Oil
10  Kazakhstan SKJSC / KNF / NIC 148.3 Oil
11  United States APF / NMSIC / PWMTF / SIFTO /
PSF / PUF / ATF / NDLF / LEQTF / CSF / WVFF
144.4** Oil & Gas / Non-commodity /
Minerals / Public Lands
12  Australia AFF / WAFF 95.3 Non-commodity
13  South Korea KIC 91.8 Non-commodity
14  Libya LIA 66 Oil
15  Iran NDFI 62 Oil
16  Algeria RRF 50 Oil
17  Brunei BIA 40 Oil
17  Oman OIF / SGRF 40 Gas / Oil
18  Azerbaijan SOFAZ 37.3 Oil
19  Malaysia KN 34.9 Non-commodity
20  Ireland NPRF 23.5 Non-commodity
21  Chile SESF / PRF 23.1 Copper/ Non-commodity
22  New Zealand NZSF 20.2 Non-commodity
23  Canada AHSTF 17.5 Oil / Non-commodity
24  East Timor TLPF 16.9 Gas / Oil
25  Bahrain MHC 10.6 Oil
26  Peru FSF (or FEF) 9.2 Non-commodity
27  Mexico ORSFM 6 Oil
28  Botswana PF 5.7 Diamonds / Minerals
29  Trinidad and Tobago 5.5 Oil
30  Angola FSDEA 5 Oil
31  Nigeria NSIA / BDIC 2.9 Oil / Non-commodity
32  Panama FAP 1.2 Non-commodity
32  Bolivia FINPRO 1.2 Non-commodity
33  Senegal SSIF - FONSIS 1 Non-commodity
34  Iraq DFI 0.9 Oil
35  Palestine PIF 0.8 Non-commodity
35  Venezuela FEM 0.8 Oil
36  Kiribati RERF 0.6 Phosphates
37  Vietnam SCIC 0.5 Non-commodity
37  Brazil SFB 0.5 Non-commodity
38  Ghana GPF 0.45 Oil
39  Gabon GSWF 0.4 Oil
40  Indonesia GIU 0.3 Non-commodity
40  Mauritania NFHR 0.3 Gas / Oil
40  Mongolia FSF 0.3 Mining
41  Equatorial Guinea FFG 0.08 Oil

** The Oregon Common School Fund (CSF} is not in the Sovereign Wealth Fund Institute's list. However, it has been added here.

References

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