1 Historical tables
Table 1.1 Return on the GPFG in 2012, the last 3, 5 and 10 years, as well as over the period 1998–2012, measured in Norwegian kroner. Annual geometric average. Percent
Last year | Last 3 years | Last 5 years | Last 10 years | 1998–2012 | |
|---|---|---|---|---|---|
GPFG incl. real estate | |||||
Actual portfolio | 6.70 | 4.83 | 3.01 | 5.34 | 4.26 |
Norwegian inflation | 0.77 | 1.49 | 2.07 | 1.78 | 1.99 |
Management costs | 0.06 | 0.08 | 0.10 | 0.10 | 0.09 |
Return net of costs and inflation | 5.85 | 3.22 | 0.83 | 3.39 | 2.14 |
GPFG excl. real estate | |||||
Actual portfolio | 6.73 | 4.84 | 3.02 | 5.34 | 4.27 |
Benchmark index | 6.53 | 4.48 | 3.00 | 5.14 | 3.99 |
Excess return | 0.20 | 0.36 | 0.01 | 0.20 | 0.27 |
Equity portfolio | |||||
Actual portfolio | 11.07 | 5.06 | -0.71 | 6.85 | 3.43 |
Benchmark index | 10.58 | 4.87 | -0.72 | 6.43 | 2.94 |
Excess return | 0.49 | 0.20 | 0.01 | 0.42 | 0.48 |
Fixed income portfolio | |||||
Actual portfolio | 0.36 | 4.16 | 5.74 | 4.28 | 4.58 |
Benchmark index | 0.36 | 3.57 | 5.30 | 4.05 | 4.37 |
Excess return | -0.27 | 0.59 | 0.43 | 0.23 | 0.21 |
Source Norges Bank, Thomson Reuters EcoWin and the Ministry of Finance.
Table 1.2 Annual inflation and return on the GPFG in various currencies. Annual geometric average. Percent
Year | Currency basket of the Fund | NOK | USD | EUR | GBP | |||||
|---|---|---|---|---|---|---|---|---|---|---|
Return | Inflation | Return | Inflation | Return | Inflation | Return | Inflation | Return | Inflation | |
1997 | 9.07 | 1.75 | 10.83 | 2.62 | -4.01 | 2.29 | 11.87 | 1.54 | -0.16 | 1.82 |
1998 | 9.26 | 0.92 | 19.75 | 2.25 | 15.87 | 1.56 | 7.63 | 1.16 | 14.59 | 1.56 |
1999 | 12.44 | 1.28 | 13.84 | 2.30 | 7.92 | 2.21 | 26.42 | 1.04 | 11.41 | 1.32 |
2000 | 2.49 | 2.02 | 6.53 | 3.13 | -2.91 | 3.36 | 3.66 | 2.16 | 4.75 | 0.87 |
2001 | -2.47 | 1.17 | -5.34 | 3.03 | -6.93 | 2.85 | -1.86 | 2.34 | -4.47 | 1.18 |
2002 | -4.74 | 1.91 | -19.09 | 1.29 | 4.76 | 1.58 | -11.12 | 2.29 | -5.3 | 1.27 |
2003 | 12.59 | 1.57 | 19.96 | 2.45 | 24.92 | 2.28 | 3.92 | 2.02 | 12.34 | 1.36 |
2004 | 8.94 | 2.37 | 3.93 | 0.44 | 14.16 | 2.66 | 5.94 | 2.19 | 6.45 | 1.34 |
2005 | 11.09 | 2.33 | 14.28 | 1.59 | 2.22 | 3.39 | 17.80 | 2.15 | 14.32 | 2.04 |
2006 | 7.92 | 2.13 | 5.89 | 2.26 | 15.16 | 3.23 | 3.01 | 2.20 | 1.01 | 2.30 |
2007 | 4.26 | 3.12 | -3.9 | 0.76 | 10.20 | 2.83 | -0.61 | 2.15 | 8.35 | 2.35 |
2008 | -23.31 | 1.42 | -6.66 | 3.79 | -27.62 | 3.86 | -23.87 | 3.26 | 0.21 | 3.63 |
2009 | 25.62 | 1.82 | 7.88 | 2.11 | 30.77 | -0.37 | 26.69 | 0.28 | 16.42 | 2.12 |
2010 | 9.62 | 1.98 | 9.49 | 2.47 | 8.82 | 1.68 | 16.38 | 1.57 | 12.24 | 3.34 |
2011 | -2.54 | 2.84 | -1.39 | 1.24 | -3.96 | 3.12 | -0.75 | 2.73 | -3.25 | 4.45 |
2012 | 13.42 | 1.95 | 6.70 | 0.77 | 14.42 | 2.09 | 12.66 | 2.48 | 9.39 | 2.84 |
1998–2012 | 5.05 | 1.92 | 4.26 | 1.99 | 6.24 | 2.26 | 4.90 | 1.87 | 6.32 | 1.99 |
1997–2012 | 5.30 | 1.91 | 4.66 | 2.03 | 5.57 | 2.41 | 5.33 | 1.97 | 5.91 | 2.11 |
Source Norges Bank, Thomson Reuters EcoWin and the Ministry of Finance.