God of War Ragnarök (Original Soundtrack) was released on November 9, 2022, by Sony Classical Records and was also included in the game's special editions. It was composed by Bear McCreary, returning from the previous game. The soundtrack features Faroese singer Eivør on the tracks "God of War Ragnarök", "Holding On", "Svartalfheim", "Pull of the Light", and "Remembering Faye". McCreary had previously featured Eivør on the 2018 installment's soundtrack.

Irish folk artist Hozier is featured on the track, "Blood Upon the Snow", which was Hozier's first contribution to a video game soundtrack. Hozier was particularly interested in working on the song as he was a fan of the series and also interested in the maturing medium of digital arts. He was also familiar with McCreary's other works. Due to Hozier being signed with Sony's Columbia Records in the United States, he was approached by Sony to contribute to Ragnarök. To help in composing the song, the game's director Eric Williams talked Hozier through the character arcs of Kratos and Atreus. Hozier was also inspired by nature and the natural world. In working with McCreary, Hozier said they were able to find a balance so that the song was "not too elegiac, not too much of an elegy, not too sweet, not too lullaby-esque, not too outrageously doom and gloom, and not too absolutely metal". Paolo Ragusa of Consequence described the song as "a daring, cinematic number that hits at all the thematic notes of God of War: Ragnarök, and finds Hozier using his signature velvety tone to evoke both tenderness and awe".

1-01. God Of War: Ragnarök Featuring – Eivør Pálsdóttir (4:35)
1-02. A Son's Path (3:31)
1-03. The Hand Of Odin (4:25)
1-04. Giantess Of Ironwood (4:23)
1-05. Huldra Brothers (4:47)
1-06. Holding On Featuring – Eivør Pálsdóttir (3:33)
1-07. Svartalfheim Featuring – Eivør Pálsdóttir (5:14)
1-08. Pull Of The Light Featuring – Eivør Pálsdóttir (1:45)
1-09. Alfheim (6:07)
1-10. Jotunheim (4:37)
1-11. Grýla (3:02)
1-12. Whispered Souls (4:12)
1-13. Vanaheim (7:34)
1-14. The Hidden Beast (4:12)

2-01. To Forgive Or To Kill (4:27)
2-02. Asgard (3:40)
2-03. Muspelheim And Niflheim (3:45)
2-04. Midgard (3:50)
2-05. The Mermaid (2:56)
2-06. Remembering Faye Featuring – Eivør Pálsdóttir (2:41)
2-07. Return To Helheim (2:44)
2-08. The Hammer Of Thor (3:22)
2-09. The Mask (2:25)
2-10. Ragnarök (5:14)
2-11. The All-Father (3:53)
2-12. Raeb's Lament (4:25)
2-13. Letting Go (9:26)
2-14. Blood Upon The Snow (4:32)