The total amount of assets held by pension funds as a share of GDP varies significantly across the countries studied, ranging from over190 percent in Denmark to under one percent in Greece in 2022. Measuring it as share of the GDP shows the importance of pension funds relative to the size of the economy in selected European countries.
Pension funds as a share of gross domestic product (GDP) in selected European countries as of 2022
France - Data on PERCO plans come from the French Asset Management Association.
Italy - Data include book reserves, with net technical provisions taken as a proxy of pension assets.
Norway - Data refer to pension funds only.
Portugal - Data cover closed and open pension funds and personal retirement saving funds (established as pension funds or as collective investment schemes managed by investment companies), and since 2017 personal plans offered by life insurance companies as well.
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OECD. (June 26, 2023). Pension funds as a share of gross domestic product (GDP) in selected European countries as of 2022 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/419896/share-of-pension-fund-assets-gdp-europe/
OECD. "Pension funds as a share of gross domestic product (GDP) in selected European countries as of 2022." Chart. June 26, 2023. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/419896/share-of-pension-fund-assets-gdp-europe/
OECD. (2023). Pension funds as a share of gross domestic product (GDP) in selected European countries as of 2022. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/419896/share-of-pension-fund-assets-gdp-europe/
OECD. "Pension Funds as a Share of Gross Domestic Product (Gdp) in Selected European Countries as of 2022." Statista, Statista Inc., 26 Jun 2023, https://www.statista.com/statistics/419896/share-of-pension-fund-assets-gdp-europe/
OECD, Pension funds as a share of gross domestic product (GDP) in selected European countries as of 2022 Statista, https://www.statista.com/statistics/419896/share-of-pension-fund-assets-gdp-europe/ (last visited December 23, 2024)
Pension funds as a share of gross domestic product (GDP) in selected European countries as of 2022 [Graph], OECD, June 26, 2023. [Online]. Available: https://www.statista.com/statistics/419896/share-of-pension-fund-assets-gdp-europe/