Yes, Norway has generated a vast Oil Fund, but that's for future generations so they also benefit from the Oil bonanza and not just this generation. The Scottish Oil Reserves have been squandered by Westminster and was used to prop up the UK's Credit Rating in the 70's and 80's. The Oil industry really did lift Norway out the the poverty it was in until the early 70's. Before it was fishing and potato farming. Much akin to Scotland their national dishes are often seen as disgusting and well preserved food stuff. Norwegians still have a very basic diet.
So although the Oil revenues generated is not used today the people who work in the industry generate a not inconsiderable amount of tax. But there is only about 170,000 people in Norway that is directly or indirectly employed in the Oil Industry, thats about 6% of the population. In my opinion Norway is considered wealthy because the people live quite frugal lives. Both partners, as I previously mentioned, have to work full time and everyone pays considerably more tax than we do in the UK. They eat very basic food, they seem to rarely travel further than Spain for a Holiday, more often than not they go to Denmark or vacate in Norway. They drive old and shitty cars, or quite often a Van as its cheaper to buy (green plate) than a car with more than 2 seats. But the flip side is a good health service and a good pension and a good infrastructure. In Norway its a common joke that if you go to the Doctors about anything, and I mean anything they tell you to take some Paracetamol and go for a walk. They seem to ban almost all drugs that are readily available in the UK's pharmacies and heavily encourage walking it off. Maybe thats not a bad thing? But I have to smuggle over boxes and boxes of solpadeine over each time I come to work for all the lads with sore backs as its almost impossible to get from the Docs.
Then there is National Service in Norway. But I think its a great thing, the youth seem to be much more respectful compared to the UK. It seems to instill a sense of responsibility in them that we just dont see here. But can you imagine if we tried to start that here in Scotland?