Feb 12, 2025
The World's Largest Sovereign Wealth Funds 💰

What We're Showing
This graphic shows the world's largest sovereign wealth funds, based on data from the Sovereign Wealth Fund Institute.
Key Takeaways
- Sovereign wealth funds are large pools of money run by governments in countries that are typically resource-rich, such as Saudi Arabia and Kuwait, or have large foreign-exchange reserves, such as China and Singapore.
- Norway runs the largest globally, thanks to its vast oil and gas production in the North Sea, which generates 10% of the country's GDP.
- China's two biggest sovereign wealth funds hold $2.4 trillion in assets, playing a key role in financing the Belt and Road Initiative and other strategic industries.
- In early February, President Trump signed an executive order to establish an American sovereign wealth fund, although the source of these funds remains unclear.