Norway's Government Pension Fund Global (Statens pensjonsfond utland) reported its highest-ever half-year return in kroner, earning 1.753 trillion kroner (approximately 312.1 billion KM) in the first six months of 2026.

The world's largest sovereign wealth fund, Norway's Government Pension Fund Global, has issued a warning about a 'toxic cocktail' of economic factors that could result in significant financial losses.

Norway's Government Pension Fund Global, also known as the Oil Fund, achieved a 15.1 percent return, or 2362 billion kroner, in 2025, marking its second-highest return ever measured in kroner.