Question 1

How much is the oil fund worth right now?

Accepted Answer

At the latest reading, 6 Nov 2026, 22:28, the oil fund was worth 21 219 822 501 541 kroner, about NOK 21.22 trillion. The figure is NBIM's running estimate, and this page fetches it every hour.

Question 2

How much is the oil fund per person?

Accepted Answer

About 3 764 446 kroner per person. That is the market value divided by the population from Statistics Norway (SSB), 5 636 904 people at the end of Q2 2026.

Question 3

How much of the oil fund can be spent each year?

Accepted Answer

Under the fiscal rule, spending of oil money should over time follow the fund's expected real return, estimated at 3 percent. At today's value, 3 percent is about NOK 636.6 billion. The rule guides spending over time and can be departed from in a given year.

Question 4

What is the oil fund?

Accepted Answer

The oil fund's official name is the Government Pension Fund Global. The state puts its income from oil and gas into it, and the money is invested in shares, bonds, real estate and renewable infrastructure outside Norway. It is managed by Norges Bank Investment Management (NBIM), part of Norway's central bank.

Question 5

Why does the value change all the time?

Accepted Answer

The fund owns small stakes in thousands of companies worldwide, so its value follows the markets. It is also counted in kroner: when the krone weakens, the foreign investments are worth more kroner even if nothing happened in the markets. Deposits and withdrawals by the state move the value as well.

Question 6

Why does the number stand still at weekends?

Accepted Answer

NBIM does not update its estimate while markets are closed, and the time given for the value stands still along with the number. This page stores each reading at NBIM's own time, so a weekend does not turn into 60 identical readings. The line runs straight from Friday's last value to the first one when trading resumes.

Question 7

Where do the numbers come from?

Accepted Answer

From the running estimate on the front page of nbim.no. This page fetches it once an hour and stores it, so the history is kept. It is an estimate, not an official valuation. The official figures are in NBIM's quarterly and annual reports.

Question 8

How far back does the history go?

Accepted Answer

Recording started 6 November 2026. The last year is kept hour by hour. After a year the hours are folded into one number per day, the last reading of each day, so the history can grow for years.

Question 9

Can I use the numbers and the chart?

Accepted Answer

Yes. The graphic is free to use under CC BY 4.0 with credit, and the whole history can be downloaded as CSV on this page. The numbers are NBIM's, so name NBIM as the source.

The oil fund hour by hour

The trend

Day by day

Use the chart

What people ask
about the oil fund.

I have a fund too. It is somewhat smaller.