Country rankings

Sovereign Wealth Funds by Country

China has the highest SWF AuM in 2025 ($3.56T), followed by United Arab Emirates ($2.71T) and Norway ($2.1T). Nauru has the lowest ($160M).

EconomicsPolitics & Government73 countries · 5 metricsUpdated Jun 15, 2023Original page
5 sources
Year 202566 of 235 countries
Compare this metricAdd to combined rankingOpen full map

SWF AuM, 2025

Darker green is better (higher is better). Click a place to highlight it.

Loading map…

Ranking

Best first: the first 15 and last 5 of 66 countries.

Distribution Median and middle halfThe median is the middle value: half of places are above it, half below. The middle half is the range holding the central 50% of places.More in the glossary →

Each dot is one country; the lines mark the median and the middle half.

Median
$13.19B
Middle half $3.2B – $71.51B
Average
$234.73B
66 countries
Highest
$3.56T
China
Lowest
$160M
Nauru

Data

Click a column to sort, a row to highlight that place on the charts.

66 countries · # = rank by SWF AuM
#
1China$3.56T3
2United Arab Emirates$2.71T10
3Norway$2.1T2
4Saudi Arabia$1.27T2
5Singapore$1.26T2
6Kuwait$1T1
7Qatar$579.87B1
8Australia$459.51B4
9Turkey$360.11B1
10United States$304.25B6
11Indonesia$238.75B2
12South Korea$232B1
13Russia$193.14B2
14Kazakhstan$186.22B3
15Azerbaijan$116.15B2
16Malaysia$115.95B4
17Brunei$72.56B1
18Libya$68.35B1
19Taiwan$64B1
20Oman$59.74B1
21France$59.63B1
22New Zealand$49.54B1
23Ethiopia$46.32B1
24United Kingdom$42.05B2
25Austria$31.06B1
26Ireland$28.2B1
27Iran$26.5B1
28Germany$25.59B1
29Poland$20.27B1
30Bahrain$18.81B2
31Uzbekistan$16.8B1
32Zimbabwe$16B1
33Chile$14.2B1
34Greece$12.18B1
35Belgium$11.97B1
36Slovenia$11.94B1
37Japan$11.84B1
38Italy$11.67B1
39Vietnam$8B1
40Monaco$7.58B1
41Finland$7.15B1
42Trinidad and Tobago$6.09B1
43Spain$6.04B1
44India$4.9B2
45Mexico$4.7B1
46Colombia$4.3B1
47Angola$4.19B1
48Bhutan$4.06B1
49Peru$3.21B1
50Panama$3.2B1
51Guyana$3.19B1
52Nigeria$2.86B1
53Syria$2.5B1
54Philippines$2.26B1
55Israel$2.08B1
56Egypt$2B1
57Botswana$1.92B1
58Morocco$1.84B1
59Ghana$1.77B2
60Brazil$1.7B1
61Mongolia$1.66B1
62Senegal$1B1
63Palestine$960M1
64Gabon$500M1
65Rwanda$300M1
66Nauru$160M1

What correlates with SWF AuM (2025)?

Pearson r against 1,668 other country metrics sharing at least 40 countries. Ranks are read by standing: a better rank counts as higher, whether rank 1 is the best place on a list or the worst. Correlation is not causation.

Higher together

Places that have a higher SWF AuM tend to score higher on these (or rank better)

  1. Garlic ProductionGarlic Production by Country
    r = +0.94 · very strong · n = 41
    Plot
  2. Coal Plants Cancelled 2010-2024Number of Coal Power Plants by Country
    r = +0.76 · very strong · n = 40
    Plot
  3. Honey ProductionHoney Production by Country
    r = +0.75 · very strong · n = 42
    Plot
  4. Total Ecological FootprintEcological Footprint by Country
    r = +0.74 · very strong · n = 44
    Plot
  5. Manufacturing ValueManufacturing by Country
    r = +0.73 · very strong · n = 50
    Plot
  6. Watermelon ProductionWatermelon Production by Country
    r = +0.73 · very strong · n = 49
    Plot

Opposite directions

Places that have a higher SWF AuM tend to score lower on these (or rank worse)

  1. Land & Resource Sustainability Rank (US News)Most Environmentally Friendly CountriesA rank: rank 1 is the best
    r = −0.41 · moderate · n = 51
    Plot
  2. V-Dem PCI ScoreV Dem Democracy Index by Country
    r = −0.39 · moderate · n = 63
    Plot
  3. Crime Index Numbeo (1-100)Crime Rate by Country
    r = −0.39 · moderate · n = 62
    Plot
  4. Natural Environment Score (US News)Most Environmentally Friendly Countries
    r = −0.39 · moderate · n = 51
    Plot
  5. LI Users Aged 18-24LinkedIn Users by Country
    r = −0.38 · moderate · n = 64
    Plot
  6. Age Dependency RatioAge Dependency Ratio by Country
    r = −0.37 · moderate · n = 65
    Plot

Quick answers

Which country has the highest SWF AuM?
China has the highest SWF AuM in 2025, at $3.56T, followed by United Arab Emirates ($2.71T) and Norway ($2.1T).
Which country has the lowest SWF AuM?
Nauru has the lowest SWF AuM in 2025, at $160M.
What is the median SWF AuM across countries?
The median is $13.19B across the 66 countries with data in 2025.
Where does this sovereign wealth funds by country data come from?
Rankodex compiles it from World Population Review and the primary sources it cites: Sovereign Wealth Fund (SWF): Definition, Examples, and Types - Investopedia; What is a Sovereign Wealth Fund? - Sovereign Wealth Fund Institute; FAG - Global SWF; Ranking - Global SWF.

Keep exploring