Do Hosting Countries Of The Olympics Make A Profit?
Olympic Cost Comparison Chart
The Olympics are full of pomp and circumstance. From the grandiose opening ceremony to the spirited fans, nationalism and excitement abound. We can’t help but follow the athletes’ compelling stories and watch as record after record is broken.
But it isn’t just the games that are fascinating — the business of the Olympics is interesting as well. This year more than ever people are questioning whether the Olympics are worth the cost, especially if the host country (like Brazil) has never held the games before.
Costs can easily add up if a country has to update its infrastructure and transportation systems, plus pay for the facilitation of the games and security. Historically, countries go significantly over their proposed budget when hosting the Olympics. But it’s an investment they’re willing to make to gain recognition and hopefully receive a return on their investment.
To determine the return of the Olympics, we looked at Olympic games over the past forty years. We compared how much they costed each host country and if the country made a profit or ended up in debt. All costs, profits, and debts have been adjusted for inflation.
Thu, 03 Jul 2025 00:41:00 GMT The Australian government has pledged AU$3.435 billion ($2.25 billion) toward the AU$7.1 billion cost of building venues for the 2032 Brisbane ...
Tue, 24 Jun 2025 05:38:00 GMT The 2024 Paris Summer Olympics and Paralympics cost the French state just under €6 billion ($6.9 billion), the national audit body announced in an "initial estimate" on Monday. The organisation of the ...
Mon, 23 Jun 2025 20:01:00 GMT Government expenditure cost €2.77 billion, which included €1.4 billion for security. Read more at straitstimes.com. Read more at straitstimes.com.
Mon, 23 Jun 2025 04:58:00 GMT France’s Court of Auditors said taxpayers ended up spending nearly €6 billion on the Games, but organizers say that figure is inflated.
Mon, 23 Jun 2025 03:13:00 GMT The organization of the two sporting extravaganzas last summer cost €2.77 billion, which included €1.4 billion for security. A further €3.19 billion was spent on work linked to infrastructure projects ...