Euro area pension fund statistics: third quarter of 2023

• Total assets of euro area pension funds amounted to €3,229 billion in third quarter of 2023, €15 billion lower than in second quarter of 2023
• Total pension entitlements of euro area pension funds dropped to €2,507 billion in third quarter of 2023, down €102 billion from second quarter of 2023

Total assets of euro area pension funds decreased to €3,229 billion in the third quarter of 2023, from €3,244 billion in the second quarter of 2023. Investment fund shares accounted for 39.7% of the pension funds sector's total assets in the third quarter of 2023. The second largest category of holdings was debt securities (26.9%), followed by equity (11.7%) (see respective transactions in Chart 1).