Japan's Government Pension Investment Fund (GPIF) was the largest public pension fund worldwide as of 2024. The fund, which was established in 2006 had assets under management worth 1.62 trillion U.S. dollars. South Korea's National Pension Service (NPS) ranked second with assets under management amounting to 815 billion U.S. dollars. Since 2006, the size of the public pension industry has been growing and is expected to reach 36 trillion U.S. dollars in assets under management until 2030.
Largest public pension funds worldwide in 2024, by assets under management
(in billion U.S. dollars)
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Global SWF. (July 9, 2024). Largest public pension funds worldwide in 2024, by assets under management (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1314998/public-pension-funds-worldwide-based-on-assets-under-management/
Global SWF. "Largest public pension funds worldwide in 2024, by assets under management (in billion U.S. dollars)." Chart. July 9, 2024. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1314998/public-pension-funds-worldwide-based-on-assets-under-management/
Global SWF. (2024). Largest public pension funds worldwide in 2024, by assets under management (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1314998/public-pension-funds-worldwide-based-on-assets-under-management/
Global SWF. "Largest Public Pension Funds Worldwide in 2024, by Assets under Management (in Billion U.S. Dollars)." Statista, Statista Inc., 9 Jul 2024, https://www.statista.com/statistics/1314998/public-pension-funds-worldwide-based-on-assets-under-management/
Global SWF, Largest public pension funds worldwide in 2024, by assets under management (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1314998/public-pension-funds-worldwide-based-on-assets-under-management/ (last visited January 08, 2025)
Largest public pension funds worldwide in 2024, by assets under management (in billion U.S. dollars) [Graph], Global SWF, July 9, 2024. [Online]. Available: https://www.statista.com/statistics/1314998/public-pension-funds-worldwide-based-on-assets-under-management/