The United States dominates the global total private pension assets, accounting for 77.83% in 2023, showing a significant year-on-year growth of 7.75%. The United Kingdom and the Netherlands follow, with shares of 7.28% and 4.52%, experiencing growth of 7.35% and 8.71%, respectively. Notable growth was observed in New Zealand at 13.9% and Liechtenstein at 15.01%, while Mauritius saw a surge at 45.36%, indicating a dynamic shift in emerging markets. Conversely, Angola faced a decline at -7.45%. These variations imply increasing globalization and diversification of pension asset management.
Future trends to watch include continued expansion in emerging markets, technological advancements in fintech facilitating better pension management, and growing awareness about retirement preparedness in developing regions. Countries with lower current shares might see significant growth, driven by economic reforms and increased private investment in pension funds.
Top countries in Total Private Pension Assets Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 77.83 | 2023 | +4.74% | +7.75% | View data |
| 2 | 2 United Kingdom | 7.28 | 2023 | +1.7% | +7.35% | View data |
| 3 | 3 Netherlands | 4.52 | 2023 | +4.33% | +8.71% | View data |
| 4 | 4 Japan | 3.83 | 2023 | +2.7% | +3.14% | View data |
| 5 | 5 Switzerland | 2.28 | 2023 | +1.53% | +3.45% | View data |
| 6 | 6 South Korea | 1.32 | 2023 | +6.31% | +8.44% | View data |
| 7 | 7 Italy | 0.53 | 2023 | +5.19% | +6.69% | View data |
| 8 | 8 Chile | 0.48 | 2023 | +3.76% | +5.31% | View data |
| 9 | 9 Finland | 0.39 | 2023 | +2.94% | +5.74% | View data |
| 10 | 10 New Zealand | 0.2 | 2023 | +8.6% | +13.9% | View data |
