Annual returns of Norway Government Pension Fund Global, 2013-2023
The Norway Government Pension Fund Global, also known as the Oil Fund, was established in 1990 to invest the surplus revenues of the Norwegian petroleum sector. Between 2013 and 2023, the fund's return has mostly been positive, except in 2018 and 2022, when the fund's return was -6.12 and -14.11 percent, respectively. In 2023, the fund's annual returns stood at 10 percent.