Sovereign Wealth Funds by Country
Sovereign wealth funds (SWFs) are government-owned investment vehicles managing financial assets. Published by Global SWF, this ranking highlights countries with the largest SWF reserves, measured in USD billions, providing insight into global economic power and investment strategies.
Which country has the largest sovereign wealth fund?
China leads globally with sovereign wealth funds amounting to $2,586 billion, followed by the United Arab Emirates at $2,304 billion and Norway at $1,835 billion.
Top 5 countries by sovereign wealth funds
1. China – $2,586 billion
2. United Arab Emirates – $2,304 billion
3. Norway – $1,835 billion
4. Singapore – $1,135 billion
5. Saudi Arabia – $1,070 billion
Countries with the smallest sovereign wealth funds
The countries with the smallest SWFs include:
1. Israel, Fiji, Saint Lucia, Eswatini, Mauritius, Samoa, Saint Kitts and Nevis, Cyprus, Moldova, Georgia, Senegal, Guinea, Palestine, Zimbabwe, Antigua and Barbuda, Dominica, Grenada, Kiribati, and Turkmenistan – $1 billion each
2. Brazil, Vietnam, Philippines, Egypt, Ghana, Angola, and Gabon – $2 billion each
Regional trends in sovereign wealth funds
Asia dominates the list with China, Singapore, and Saudi Arabia being major players. The Middle East also contributes significantly, led by the UAE and Kuwait. Europe is represented by Norway ($1,835 billion) and other smaller funds, while Africa and South America have minimal SWF presence.
How do sovereign wealth funds vary between developed and emerging economies?
Developed economies like China, Norway, and Singapore manage substantial SWFs, reflecting economic strength and surplus revenues. In contrast, emerging economies like Nigeria, Peru, and Ghana hold smaller reserves, often used to stabilize economies and fund development projects.
What is the role of sovereign wealth funds in global investment?
Sovereign wealth funds are pivotal in global financial markets, investing in diverse assets, including infrastructure, technology, and real estate. Countries with larger funds, like China and the UAE, influence global economic trends and drive strategic investments worldwide.
