By: Omar Khattaly Researcher & Consultant on MENA Political Economy and Sovereign Wealth Funds
February 2018
Norway’s Sovereign Wealth Fund (SWF), Government Pension Fund Global (GPF-Global) started in 1990 as a future generation financial cushion and as the population’s pension fund. A fund that receives its financing from the country’s oil revenue and not from pension contributions. The fund did not receive any government financial contribution until 1996 where the fund began its amazing investment journey in the international financial world. As of today, the fund has over $1 trillion in assets under management and controls over 1.3% of stocks owned in the world. By 2030, the fund forecasted to be worth $3.3 trillion.
Currently, Norway’s GDP stands at $370 billion and a per capita GDP at $71,000. Third in the world after Luxemburg at $105,000 and Switzerland at $79,000. 2017 unemployment at 4.7%.

The theme of the article is very interesting. I was glade to be informed about it. Because nowadays everything gets expensive and knowing getting down prices of one of the main wealth of the world is calms!