In 2024, Iceland leads in global pension fund assets as a percentage of GDP with a value of 211.38%, followed by Switzerland at 159.53% and Namibia at 94.73%. Emerging markets like Mexico and Malawi showed significant year-on-year growth at 8.52% and 8.36% respectively, while Panama experienced an impressive 18.98% boost. Notably, South Korea and Armenia had remarkable year-on-year increases of 12.5% and 36.17% respectively, highlighting dynamic growth in these regions. However, Zambia faced a slight decrease with a negative variation of 0.36%.
Future trends to watch include:
- Pension reforms and policy changes in emerging markets influencing asset allocation.
- The impact of economic conditions on investment strategies in developed markets.
- Technological advancements driving efficiency and growth in pension fund management.
- Increasing attention to sustainable and socially responsible investments within pension funds.
Top countries in Total Pension Funds' Assets by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 211.38 | 2023 | +2.71% | +7.24% | View data |
| 2 | 2 Switzerland | 159.53 | 2023 | +1.7% | +5.56% | View data |
| 3 | 3 Namibia | 94.73 | 2023 | +1.7% | +3.07% | View data |
| 4 | 4 Chile | 83.87 | 2023 | +2.65% | +3.56% | View data |
| 5 | 5 Malta | 65.12 | 2023 | +5.31% | +8.26% | View data |
| 6 | 6 Finland | 54.24 | 2023 | +0.066% | +1.89% | View data |
| 7 | 7 Denmark | 51.78 | 2023 | +0.76% | +3% | View data |
| 8 | 8 Jamaica | 36.66 | 2023 | +2.92% | +4.29% | View data |
| 9 | 9 Ireland | 32.28 | 2023 | -1.16% | +0.34% | View data |
| 10 | 10 Mexico | 22.88 | 2023 | +3.78% | +8.52% | View data |