Economic/Financial Strength/Sovereign Capital & External Financial Power

Sovereign Wealth & Public Asset Management

The capacity to accumulate and invest sovereign capital across generations: wealth funds, public pension reserves and the professional management of the state's financial assets.
factbase.org/cap/GGDTDNX42E
World mean
6.2
of 20 · median 5.0
Range
0–20
middle half 2.0–9.0
Panel SD
±0.47
round 1 ±1.32 — the honest estimate
Leader
20
Norway, Singapore

Indicators

The measures seeded for this capability in the framework. They are candidate indicators: no cell in the index has a source document attached to it yet.

Band spread across 197 nations

Frontier 3
Advanced 15
Established 14
Transitional 18
Foundational 35
Nascent 62
Inception 50

All 197 nations

Best first. The score is the mean of the four adjudicators' round-3 integers, rounded to the nearest integer; ±SD is their spread on that cell. Where the spread is three points or more, read the number as a band rather than a value.

#NationRegionScoreBandPanel SD
1 🇳🇴Norway Europe 20 Frontier ±0.00
2 🇸🇬Singapore Asia Pacific 20 Frontier ±0.43
3 🇦🇪United Arab Emirates Middle East 18 Frontier ±0.71
4 🇦🇺Australia Asia Pacific 17 Advanced ±0.43
5 🇨🇦Canada Americas 17 Advanced ±0.83
6 🇯🇵Japan Asia Pacific 17 Advanced ±0.43
7 🇶🇦Qatar Middle East 17 Advanced ±0.43
8 🇸🇦Saudi Arabia Middle East 17 Advanced ±0.50
9 🇨🇳China Asia Pacific 16 Advanced ±0.71
10 🇰🇼Kuwait Middle East 16 Advanced ±0.43
11 🇳🇱Netherlands Europe 16 Advanced ±0.83
12 🇳🇿New Zealand Asia Pacific 16 Advanced ±0.71
13 🇰🇷South Korea Asia Pacific 16 Advanced ±0.43
14 🇸🇪Sweden Europe 16 Advanced ±0.50
15 🇩🇰Denmark Europe 15 Advanced ±0.83
16 🇫🇮Finland Europe 15 Advanced ±0.00
17 🇫🇷France Europe 15 Advanced ±0.87
18 🇲🇾Malaysia Asia Pacific 15 Advanced ±0.00
19 🇨🇱Chile Americas 14 Established ±0.00
20 🇨🇭Switzerland Europe 14 Established ±1.09
21 🇺🇸United States Americas 14 Established ±1.66
22 🇮🇪Ireland Europe 13 Established ±0.43
23 🇱🇺Luxembourg Europe 13 Established ±0.00
24 🇴🇲Oman Middle East 13 Established ±0.43
25 🇹🇼Taiwan Asia Pacific 13 Established ±0.00
26 🇦🇿Azerbaijan Middle East 12 Established ±0.71
27 🇧🇼Botswana Africa 12 Established ±0.43
28 🇧🇳Brunei Asia Pacific 12 Established ±0.71
29 🇩🇪Germany Europe 12 Established ±2.06
30 🇰🇿Kazakhstan Asia Pacific 12 Established ±0.50
31 🇷🇺Russia Europe 12 Established ±0.43
32 🇬🇧United Kingdom Europe 12 Established ±0.83
33 🇧🇭Bahrain Middle East 11 Transitional ±0.50
34 🇮🇸Iceland Europe 11 Transitional ±0.43
35 🇮🇳India Asia Pacific 11 Transitional ±0.50
36 🇮🇹Italy Europe 11 Transitional ±1.64
37 🇲🇽Mexico Americas 11 Transitional ±0.43
38 🇿🇦South Africa Africa 11 Transitional ±0.43
39 🇧🇷Brazil Americas 10 Transitional ±0.50
40 🇮🇩Indonesia Asia Pacific 10 Transitional ±0.00
41 🇮🇱Israel Middle East 10 Transitional ±1.09
42 🇹🇭Thailand Asia Pacific 10 Transitional ±0.43
43 🇹🇹Trinidad & Tobago Americas 10 Transitional ±1.66
44 🇲🇺Mauritius Africa 9 Transitional ±0.43
45 🇲🇦Morocco Africa 9 Transitional ±0.43
46 🇳🇬Nigeria Africa 9 Transitional ±0.00
47 🇵🇱Poland Europe 9 Transitional ±1.23
48 🇵🇹Portugal Europe 9 Transitional ±2.17
49 🇪🇸Spain Europe 9 Transitional ±2.06
50 🇹🇱Timor-Leste Asia Pacific 9 Transitional ±2.17
51 🇦🇹Austria Europe 8 Foundational ±1.30
52 🇧🇪Belgium Europe 8 Foundational ±1.30
53 🇨🇴Colombia Americas 8 Foundational ±0.43
54 🇪🇪Estonia Europe 8 Foundational ±0.87
55 🇯🇴Jordan Middle East 8 Foundational ±0.50
56 🇱🇮Liechtenstein Europe 8 Foundational ±1.09
57 🇲🇨Monaco Europe 8 Foundational ±0.83
58 🇳🇦Namibia Africa 8 Foundational ±0.43
59 🇵🇦Panama Americas 8 Foundational ±0.43
60 🇵🇪Peru Americas 8 Foundational ±0.50
61 🇵🇭Philippines Asia Pacific 8 Foundational ±0.43
62 🇹🇷Türkiye Middle East 8 Foundational ±0.00
63 🇻🇳Vietnam Asia Pacific 8 Foundational ±0.50
64 🇩🇿Algeria Africa 7 Foundational ±0.50
65 🇫🇯Fiji Asia Pacific 7 Foundational ±0.50
66 🇬🇷Greece Europe 7 Foundational ±1.50
67 🇭🇺Hungary Europe 7 Foundational ±1.30
68 🇮🇷Iran Asia Pacific 7 Foundational ±0.43
69 🇰🇮Kiribati Asia Pacific 7 Foundational ±1.50
70 🇱🇻Latvia Europe 7 Foundational ±0.43
71 🇱🇹Lithuania Europe 7 Foundational ±0.83
72 🇲🇹Malta Europe 7 Foundational ±1.73
73 🇸🇮Slovenia Europe 7 Foundational ±1.09
74 🇦🇴Angola Africa 6 Foundational ±0.00
75 🇦🇷Argentina Americas 6 Foundational ±0.87
76 🇨🇿Czechia Europe 6 Foundational ±0.83
77 🇪🇬Egypt Africa 6 Foundational ±0.43
78 🇬🇭Ghana Africa 6 Foundational ±0.43
79 🇬🇾Guyana Americas 6 Foundational ±0.50
80 🇷🇴Romania Europe 6 Foundational ±0.71
81 🇱🇰Sri Lanka Asia Pacific 6 Foundational ±0.43
82 🇹🇻Tuvalu Asia Pacific 6 Foundational ±1.48
83 🇺🇬Uganda Africa 6 Foundational ±0.50
84 🇺🇾Uruguay Americas 6 Foundational ±0.71
85 🇺🇿Uzbekistan Asia Pacific 6 Foundational ±0.43
86 🇧🇬Bulgaria Europe 5 Nascent ±0.00
87 🇨🇷Costa Rica Americas 5 Nascent ±0.00
88 🇭🇷Croatia Europe 5 Nascent ±0.00
89 🇨🇾Cyprus Middle East 5 Nascent ±0.50
90 🇩🇴Dominican Republic Americas 5 Nascent ±0.00
91 🇬🇦Gabon Africa 5 Nascent ±0.50
92 🇬🇪Georgia Middle East 5 Nascent ±0.43
93 🇯🇲Jamaica Americas 5 Nascent ±0.00
94 🇰🇪Kenya Africa 5 Nascent ±0.00
95 🇽🇰Kosovo Europe 5 Nascent ±1.12
96 🇱🇾Libya Africa 5 Nascent ±0.43
97 🇲🇳Mongolia Asia Pacific 5 Nascent ±0.43
98 🇳🇵Nepal Asia Pacific 5 Nascent ±0.87
99 🇵🇼Palau Asia Pacific 5 Nascent ±0.50
100 🇷🇼Rwanda Africa 5 Nascent ±0.43
101 🇸🇳Senegal Africa 5 Nascent ±0.43
102 🇸🇨Seychelles Africa 5 Nascent ±0.43
103 🇸🇰Slovakia Europe 5 Nascent ±0.43
104 🇹🇿Tanzania Africa 5 Nascent ±0.00
105 🇹🇳Tunisia Africa 5 Nascent ±0.00
106 🇦🇩Andorra Europe 4 Nascent ±0.50
107 🇧🇸Bahamas Americas 4 Nascent ±0.00
108 🇧🇹Bhutan Asia Pacific 4 Nascent ±0.43
109 🇨🇮Côte d'Ivoire Africa 4 Nascent ±0.00
110 🇪🇨Ecuador Americas 4 Nascent ±0.50
111 🇬🇶Equatorial Guinea Africa 4 Nascent ±0.50
112 🇪🇹Ethiopia Africa 4 Nascent ±0.00
113 🇻🇦Holy See Europe 4 Nascent ±1.30
114 🇲🇭Marshall Islands Asia Pacific 4 Nascent ±0.87
115 🇳🇷Nauru Asia Pacific 4 Nascent ±0.43
116 🇵🇰Pakistan Asia Pacific 4 Nascent ±0.83
117 🇵🇸Palestine Middle East 4 Nascent ±1.23
118 🇵🇬Papua New Guinea Asia Pacific 4 Nascent ±0.50
119 🇵🇾Paraguay Americas 4 Nascent ±0.00
120 🇼🇸Samoa Asia Pacific 4 Nascent ±0.83
121 🇷🇸Serbia Europe 4 Nascent ±0.43
122 🇺🇦Ukraine Europe 4 Nascent ±0.43
123 🇿🇲Zambia Africa 4 Nascent ±0.43
124 🇦🇲Armenia Middle East 3 Nascent ±0.00
125 🇧🇩Bangladesh Asia Pacific 3 Nascent ±0.43
126 🇧🇧Barbados Americas 3 Nascent ±0.43
127 🇧🇾Belarus Europe 3 Nascent ±0.43
128 🇧🇴Bolivia Americas 3 Nascent ±0.43
129 🇨🇲Cameroon Africa 3 Nascent ±0.00
130 🇸🇻El Salvador Americas 3 Nascent ±0.00
131 🇸🇿Eswatini Africa 3 Nascent ±0.00
132 🇬🇹Guatemala Americas 3 Nascent ±0.00
133 🇭🇳Honduras Americas 3 Nascent ±0.00
134 🇮🇶Iraq Middle East 3 Nascent ±0.00
135 🇰🇬Kyrgyzstan Asia Pacific 3 Nascent ±0.00
136 🇱🇸Lesotho Africa 3 Nascent ±0.00
137 🇲🇻Maldives Asia Pacific 3 Nascent ±0.43
138 🇲🇷Mauritania Africa 3 Nascent ±0.00
139 🇫🇲Micronesia Asia Pacific 3 Nascent ±1.09
140 🇲🇩Moldova Europe 3 Nascent ±0.43
141 🇲🇪Montenegro Europe 3 Nascent ±0.43
142 🇲🇿Mozambique Africa 3 Nascent ±0.00
143 🇲🇰North Macedonia Europe 3 Nascent ±0.50
144 🇰🇳Saint Kitts & Nevis Americas 3 Nascent ±0.43
145 🇹🇴Tonga Asia Pacific 3 Nascent ±0.50
146 🇹🇲Turkmenistan Asia Pacific 3 Nascent ±0.43
147 🇻🇺Vanuatu Asia Pacific 3 Nascent ±0.43
148 🇦🇱Albania Europe 2 Inception ±0.00
149 🇦🇬Antigua & Barbuda Americas 2 Inception ±0.00
150 🇧🇿Belize Americas 2 Inception ±0.00
151 🇧🇯Benin Africa 2 Inception ±0.00
152 🇧🇦Bosnia & Herzegovina Europe 2 Inception ±0.00
153 🇧🇫Burkina Faso Africa 2 Inception ±0.00
154 🇨🇻Cabo Verde Africa 2 Inception ±0.00
155 🇰🇭Cambodia Asia Pacific 2 Inception ±0.00
156 🇨🇬Congo Africa 2 Inception ±0.00
157 🇨🇺Cuba Americas 2 Inception ±0.43
158 🇩🇯Djibouti Africa 2 Inception ±0.00
159 🇩🇲Dominica Americas 2 Inception ±0.50
160 🇬🇲Gambia Africa 2 Inception ±0.00
161 🇬🇩Grenada Americas 2 Inception ±0.00
162 🇬🇳Guinea Africa 2 Inception ±0.00
163 🇱🇦Laos Asia Pacific 2 Inception ±0.00
164 🇱🇧Lebanon Middle East 2 Inception ±0.43
165 🇱🇷Liberia Africa 2 Inception ±0.00
166 🇲🇬Madagascar Africa 2 Inception ±0.00
167 🇲🇼Malawi Africa 2 Inception ±0.00
168 🇲🇱Mali Africa 2 Inception ±0.00
169 🇲🇲Myanmar Asia Pacific 2 Inception ±0.00
170 🇳🇮Nicaragua Americas 2 Inception ±0.00
171 🇱🇨Saint Lucia Americas 2 Inception ±0.00
172 🇻🇨Saint Vincent & Grenadines Americas 2 Inception ±0.00
173 🇸🇲San Marino Europe 2 Inception ±0.43
174 🇸🇱Sierra Leone Africa 2 Inception ±0.43
175 🇸🇧Solomon Islands Asia Pacific 2 Inception ±0.00
176 🇸🇷Suriname Americas 2 Inception ±0.43
177 🇹🇯Tajikistan Asia Pacific 2 Inception ±0.43
178 🇹🇬Togo Africa 2 Inception ±0.00
179 🇻🇪Venezuela Americas 2 Inception ±0.71
180 🇿🇼Zimbabwe Africa 2 Inception ±0.43
181 🇧🇮Burundi Africa 1 Inception ±0.00
182 🇹🇩Chad Africa 1 Inception ±0.00
183 🇰🇲Comoros Africa 1 Inception ±0.00
184 🇨🇩DR Congo Africa 1 Inception ±0.00
185 🇪🇷Eritrea Africa 1 Inception ±0.50
186 🇬🇼Guinea-Bissau Africa 1 Inception ±0.43
187 🇭🇹Haiti Americas 1 Inception ±0.43
188 🇳🇪Niger Africa 1 Inception ±0.43
189 🇸🇹São Tomé & Príncipe Africa 1 Inception ±0.43
190 🇸🇴Somalia Africa 1 Inception ±0.50
191 🇸🇸South Sudan Africa 1 Inception ±0.43
192 🇸🇩Sudan Africa 1 Inception ±0.43
193 🇦🇫Afghanistan Asia Pacific 0 Inception ±0.00
194 🇨🇫Central African Rep. Africa 0 Inception ±0.43
195 🇰🇵North Korea Asia Pacific 0 Inception ±0.43
196 🇸🇾Syria Middle East 0 Inception ±0.43
197 🇾🇪Yemen Middle East 0 Inception ±0.43

Others in Sovereign Capital & External Financial Power

CapabilityWorld meanRangeLeader
Official Reserves Management8.71–20Singapore
Currency Internationalisation & Reserve Status4.00–20United States
Capital Account & Flow Management8.51–19Singapore, Switzerland, United States
International Financial Centre Capability5.30–20United States