4 ms·
Millionaire in crowns. 1 USD is 6.18 Norway krones. That said, 162k USD per capita wealth isn't bad. And that's just from the sovereign wealth fund. Given 5%
by scarmig 13y ago
Millionaire in crowns. 1 USD is 6.18 Norway krones.
That said, 162k USD per capita wealth isn't bad. And that's just from the sovereign wealth fund.
Given 5% annual real returns, Norway could afford to give every citizen $8k USD a year and not draw down the fund at all.