The total private pension assets in Sweden have shown a noteworthy upward trend from 2013 to 2023, growing from $399.52 billion USD to $755.38 billion USD. Despite some fluctuations, including declines in 2014 and 2015 and a particularly significant drop in 2018, the overall direction has been positive, with substantial growth spurts in 2017 and 2020.
Significant year-on-year variations include:
- 2017: +29.85% driven by market recovery and policy adjustments.
- 2020: +23.01% reflecting strong investment performance.
- 2023: +4.92% representing stabilized growth post-recovery.
The Compound Annual Growth Rate (CAGR) over the past five years stands at 9.93%, signaling robust annual growth. Over the next five years, the forecasted CAGR is 3.24%, translating to a 17.31% aggregate growth rate by 2028.
Future trends to watch for include the impact of economic conditions, demographic changes, and reforms in the pension system. These factors could influence asset performance and growth rates, potentially altering long-term forecasts.