Global Rankings

    Table 1: Sovereign Investors - Country Level League Table ($ billion) 
  


     Country 
     Central Banks (a) 
     Sovereign Wealth Funds (b) 
     CBs and SWFs (a) + (b) 
     Public Pension Funds (c) 
     Sovereign Investors (a) + (b) + (c)  
     Share (% of global) 
  

    1. USA
    251
    350
    601
    11.760
    12.361
    22 %
  

    2. China
    4.055
    2.709
    6.764
    599
    7.363
    13 %
  

    3. Japan
    1.231
    12
    1.243
    2.216
    3.459
    6 %
  

    4. UAE
    204
    2.348
    2.552
    103
    2.655
    5 %
  

    5. Norway
    89
    1.778
    1.867
    117
    1.984
    4 %
  

     6. Singapore
     379
    1.135
    1.514
    456
    1.970
    4 %
  

    7. Canada
    124
    18
    142
    1.804
    1.946
    3 %
  

     8. Saudi Arabia
    470
    1.070
    1.540
    403
    1.943
     3 %
  

    9. Australia
    62
    403
    465
    1.144
    1.609
    3 %
  

     10. South Korea
     416
    207
    623
    941
    1.564
    3 %
  

    11. Netherlands
    141
    -
    141
    1.119
    1.260
    2 %
  

     12. Kuwait
    47
     978
    1.025
    137
     1.162
    2 %
  

    13. Switzerland
    950
    -
    950
    149
    1.099
    2 %
  

    14. India
     639
     13
     652
    408
     1.060
    2 %
  

    15. Taiwan
    578
    40
    618
    263
    881
    2 %
  

     16. UK
    195
     51
    246
     602
     848
    2 %
  

    17. Russia
    633
    145
    778
    -    
    778  
    1 % 
  

    18. Denmark
    99
    10
    109
    569
    678
    1 %
  

    19. Germany
    411
    26
    437
    224
    661
    1 %
  

    20. France
    354
    56
    410
    218
    628
    1 %
  

    21. Qatar
    53
    524
    577
    31
    608
    1 %
  

    22. Malaysia 
    116
     116
    232
     351
     583
    1 %
  

    23. Sweden
     65
     -
     65
    489
    554
    1 %
  

    24. Brazil
    372
    2
     374
    86
     460
    1 %
  

    25. Indonesia
    156
    183
    339
    63
    402
    1 %
  

    Total - Top-25
    12.090
    12.174
     24.264
    24.252
    48.516
    87 %
  

    Other (country rank: 26-197)
    4.728
    1.256
    5.984
    1.287
    7.271
    13 %
  

     Total (197 countries)
    16.818 
    13.430
    30.248
    25.539
    55.787
    100 %
  

     Share by Investor Type:
     30 % 
     24 % 
     54 % 
     46 % 
    100 % 
    
  

     
Source: Global SWF (April 2025). Table on data for 197 countries prepared by Sovereign Investors.  
  

     
Memo: A general caveat on the exact country level data collected for 197 countries. For this table, the aim is to offer a global overview. 
  