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2019 was the best year ever for Norwegian oil fund

Norway's oil fund grew by NOK 1794 billion (EUR 182 billion) in 2019 after a drop in value in 2018. The growth of the last 12 months corresponds to EUR 34,535 per Norwegian citizen.

Photo: POLFOTO/AP/Daniella Beccaria/seattlepi.com

The world's largest investment fund, the Norwegian oil fund, has grown significantly over the past year.

The fund's pockets, which were already deep, gained NOK 1794 billion (EUR 182 billion) over the course of 2019. This equates to NOK 335,000 - or EUR 34,535 - per Norwegian citizen, writes Norwegian business news outlet e24.no.

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