The Government Pension Investment Fund (GPIF) began managing Japanese pension reserves in the fiscal year of 2001 and had returns exceeding 150 trillion yen by 2024. Investment income amounted to 153.64 trillion yen between 2001 and second quarter 2024, up from negative 587.4 billion yen in the first year. From 2016 to 2021, GPIF had one of the lowest returns among major state-owned investors worldwide.
Value of cumulative returns of Government Pension Investment Fund (GPIF) from 2001 to 2024
(in trillion yen)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Government Pension Investment Fund. (October 22, 2024). Value of cumulative returns of Government Pension Investment Fund (GPIF) from 2001 to 2024 (in trillion yen) [Graph]. In Statista. Retrieved June 07, 2025, from https://www.statista.com/statistics/1310841/gpif-annual-returns/
Government Pension Investment Fund. "Value of cumulative returns of Government Pension Investment Fund (GPIF) from 2001 to 2024 (in trillion yen)." Chart. October 22, 2024. Statista. Accessed June 07, 2025. https://www.statista.com/statistics/1310841/gpif-annual-returns/
Government Pension Investment Fund. (2024). Value of cumulative returns of Government Pension Investment Fund (GPIF) from 2001 to 2024 (in trillion yen). Statista. Statista Inc.. Accessed: June 07, 2025. https://www.statista.com/statistics/1310841/gpif-annual-returns/
Government Pension Investment Fund. "Value of Cumulative Returns of Government Pension Investment Fund (Gpif) from 2001 to 2024 (in Trillion Yen)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1310841/gpif-annual-returns/
Government Pension Investment Fund, Value of cumulative returns of Government Pension Investment Fund (GPIF) from 2001 to 2024 (in trillion yen) Statista, https://www.statista.com/statistics/1310841/gpif-annual-returns/ (last visited June 07, 2025)
Value of cumulative returns of Government Pension Investment Fund (GPIF) from 2001 to 2024 (in trillion yen) [Graph], Government Pension Investment Fund, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1310841/gpif-annual-returns/