> The Government Pension Fund Global (Statens pensjonsfond utland), also known as the Oil Fund (Oljefondet), was established in 1990 to invest the surplus revenues of the Norwegian petroleum sector. As of June 2025, it had over US$1.9 trillion in assets,[2] equal to 1.5% of the value of the world's listed companies, making it the world's largest sovereign wealth fund in terms of total assets under management.[3][4] This translates to over US$340,000 per Norwegian citizen.[5]