Latest reports
Half-year report 2026
The investments of the Government Pension Fund Global returned 9.4 percent in the first half of 2026. This was 0.22 percentage point higher than the return on the benchmark index.
Annual report 2025
The Government Pension Fund Global returned 15.1 percent, or 2,362 billion kroner, in 2025 in accounting terms. This is the fund’s second-highest return in krone terms. The fund’s value increased by 1,526 billion kroner during the year.
Responsible investment 2025
Our mandate is to generate financial returns for current and future generations of Norwegians. This requires that our investments achieve sustainable value over time. In 2025, we launched our updated Climate action plan towards 2030, improved our sustainability reporting and used AI to enhance our risk monitoring.