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Nordics fare better than average as global pension fortune declines

New figures place Denmark and Iceland ahead of all other OECD countries in terms of pension assets’ share of GDP – but contrary to 2021, no country exceeds a 200% share.
Despite a decline, Denmark's pension assets share of GDP remains the largest. | Photo: Camilla Stephan/Politiken/Ritzau Scanpix
Despite a decline, Denmark's pension assets share of GDP remains the largest. | Photo: Camilla Stephan/Politiken/Ritzau Scanpix
by KIM WIESENER

Pension assets in the world’s most developed economies shrank by trillions of USD in 2022, but the Nordic countries performed better than average, preliminary figures from the Organisation for Economic Co-operation and Development (OECD) show.

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