Norway (Greece) fact of the day

In 1971 — when the North Sea oil was just beginning to flow — the average Norwegian was about as poor as the average Greek…

That is from Matthew C. Klein at the FT, the post on Norway is interesting more generally.  Here are my earlier remarks on whether Norway is an economically overvalued country.

Addendum: See the comments, it is not obvious this is true, I will look into the matter (but must teach shortly).  You can see in this OECD data source that, in 1971, Finland is only barely richer than Greece per capita, ppp-adjusted.  Via Klein on Twitter, here is the original source, from Norges Bank through BIS, but it seems to run counter to the other numbers.  Matt has some follow-up tweets here.