List of sovereign wealth funds by country
Updated: 11/4/2025, 4:32:30 PM Wikipedia source
This is a list of sovereign wealth funds by country. 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, foreign exchange reserves, 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 reserves domestic and reserve foreign currencies such as the dollar, euro, pound sterling and yen. The names attributed to the management entities may include state-owned (federal, state and provincial) central banks, national monetary authorities, official investment companies, sovereign oil funds, pension funds, among others. Some countries may have more than one SWF. In the United States, several states have their own SWFs. In February 2025, President Donald Trump signed an executive order to establish a national sovereign wealth fund. The list does not include pension funds that do not meet the SWF criteria.
Tables
| Country | Funds | Assets (billions USD) | Origin |
| China | China-Africa Development FundChina Investment CorporationNational Council for Social Security FundSAFE Investment CompanyCNIC Corporation Limited | 2,750 | Non-commodity |
| United Arab Emirates | Abu Dhabi Developmental Holding CompanyAbu Dhabi Investment AuthorityDubai WorldEmirates Investment AuthorityInvestment Corporation of DubaiMubadala Investment CompanyRas Al Khaimah Investment AuthoritySharjah Assets ManagementFujairah Holdings | 2,304 | Oil & GasNon-commodity |
| Singapore | Monetary Authority of SingaporeGovernment of Singapore Investment CorporationTemasek HoldingsCentral Provident Fund | 2,074 | Non-commodity |
| Norway | Government Pension Fund of Norway | 2,044 | Oil & Gas |
| Saudi Arabia | Public Investment FundNational Development Fund | 1,345 | Oil & Gas |
| Kuwait | Kuwait Investment AuthorityGulf Investment CorporationWafra International Investment Company | 969 | Oil & Gas |
| Indonesia | Indonesia Investment AuthorityDanantara Indonesia Sovereign Fund | 600–900 | Mineral, Non-commodity |
| Hong Kong | HK SAR Exchange Fund (HK MAS)Hong Kong Investment Corporation | 576 | Non-commodity |
| Qatar | Qatar Investment Authority | 510 | Oil & Gas |
| Turkey | Turkey Wealth Fund | 360 | Non-commodity |
| Australia | Future FundQueensland Investment CorporationVictorian Funds Management CorporationNew South Wales Treasury Corporation | 357 | Non-commodity |
| United States | United States sovereign wealth fundState-level entities e.g. Alabama Trust Fund Alaska Permanent Fund Oregon Common School Fund Texas Permanent School Fund Texas Permanent University Fund West Virginia Future Fund | 332 | Oil & GasNon-commodity /MineralsPublic Lands |
| South Korea | Korea Investment Corporation | 181 | Non-commodity |
| Russia | Russian National Wealth FundRussian Direct Investment Fund | 174 | Oil & GasNon-commodity |
| Iran | National Development Fund of Iran | 156.5 | Oil & Gas |
| Kazakhstan | Samruk-KazynaNational Investment Corporation | 155.1 | Oil & Gas |
| Malaysia | Khazanah NasionalPermodalan Nasional BerhadLembaga Tabung Angkatan TenteraSarawak Sovereign Wealth Future Fund | 119.0 | Non-commodity |
| Azerbaijan | Azerbaijan Investment HoldingState Oil Fund of Azerbaijan | 75.0 | Oil & Gas |
| Brunei | Brunei Investment Agency | 73.0 | Oil & Gas |
| Tanzania | Natural Gas Revenue Fund | 66.4 | Oil & Gas |
| Oman | Oman Investment Authority | 53.0 | Oil & Gas |
| Ethiopia | Ethiopian Investment Holdings | 46.0 | Non-commodity |
| Libya | Libyan Investment Authority | 38.8 | Oil & Gas |
| United Kingdom | National Wealth Fund (United Kingdom) | 37.0 | Non-commodity |
| Austria | Österreichische Beteiligungs AG | 32.0 | Non-commodity |
| New Zealand | New Zealand Superannuation Fund | 27.0 | Non-commodity |
| Ireland | Ireland Strategic Investment FundFuture Ireland Fund | 25.2 | Non-commodity |
| Chile | Economic and Social Stabilization FundPension Reserve Fund | 21.0 | Copper |
| Bahrain | Mumtalakat Holding Company | 18.6 | Oil & Gas |
| Timor-Leste | Timor-Leste Petroleum Fund | 17.0 | Oil & Gas |
| Canada | Alberta Investment Management CorporationAlberta Heritage Savings Trust Fund | 16.0 | Oil & Gas |
| India | National Investment and Infrastructure FundTamil Nadu Industrial Development Corporation | 12.4 | Non-commodity |
| Colombia | Fondo de Ahorro y Estabilización PetroleraFideicomiso Fondo de Ahorro y Estabilización | 12.0 | Oil & Gas |
| Greece | Growthfund | 12.0 | Non-commodity |
| Egypt | The Sovereign Fund of Egypt | 11.9 | Non-commodity |
| Italy | CDP Equity, Fondo nazionale del Made in Italy | 11.0 | Oil & GasNon-commodity |
| Philippines | Maharlika Investment Fund | 9.20 | Non-commodity |
| Pakistan | Pakistan Sovereign Wealth Fund | 8.00 | Oil & GasNon-commodity |
| Mexico | Fondo Mexicano del Petroleo para la Estabilizacion y el Desarrollo | 7.00 | Oil & Gas |
| Spain | Cofides | 6.00 | Non-commodity |
| Trinidad and Tobago | The Heritage and Stabilization Fund | 6.00 | Oil & Gas |
| Peru | Fiscal Stabilization Fund | 5.00 | Non-commodity |
| Angola | Fundo Soberano de Angola | 5.00 | Oil & Gas |
| Botswana | Pula Fund | 4.90 | Diamonds |
| Mongolia | Chinggis FundFuture Heritage FundFiscal Stability Fund | 4.00 | Minerals |
| Denmark | Danish Growth FundExport and Investment Fund of Denmark | 4.00 | Non-commodity |
| Israel | Israeli Citizens' Fund | 2.08 | Gas & Minerals |
| Nigeria | Nigeria Sovereign Investment AuthorityBayelsa Development and Investment Corporation | 2.00 | Oil & Gas |
| Ghana | Ghana Petroleum FundsGhana Infrastructure Investment Fund | 2.00 | Oil & Gas |
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