This article possibly contains original research. Please improve it by verifying the claims made and adding inline citations. Statements consisting only of original research should be removed.(November 2021) (Learn how and when to remove this message)
The Olympic Games are considered to be the world's foremost international sporting event with over 200 nations participating.[1] It historically had the highest costs and expenses for the hosts, with the estimated cost of the 2016 Summer Games in Rio de Janeiro being at approximately US$11.1 billion.[2]
Sports-related costs for the Summer Games since 1960 is on average $5.2 billion (USD) and for the Winter Games $393.1 million dollars. The highest recorded total cost was the 2014 Sochi Winter Olympics, costing approximately US$55 billion. The 2016 Rio de Janeiro Summer Games experienced the biggest loss recorded at approximately $2 billion (USD).[3]
^"Overview of Olympic Games". Encyclopædia Britannica. Retrieved 4 June 2008.
^Baade, Robert (2016). "Going for the Gold: The Economics of the Olympics". Journal of Economic Perspectives. 30 (2): 201–218. doi:10.1257/jep.30.2.201.
^Baade, Robert (2016). "Going for the Gold: The Economics of the Olympics". The Journal of Economic Perspectives. 30 (2): 201–218. doi:10.1257/jep.30.2.201.
and 30 Related for: Cost of the Olympic Games information
approximately $2 billion (USD). The current highest costof hosting theOlympicGames was the 2016 Rio de Janeiro Summer Games, costing approximately US$11.1 billion...
The 2032 Summer Olympics, officially known as theGamesofthe XXXV Olympiad and also known as Brisbane 2032 is an upcoming international multi-sport event...
in which thousands of athletes from around the world participate in a variety of competitions. TheOlympicGames are considered the world's foremost sports...
The 1980 Winter Olympics, officially the XIII Olympic Winter Games and also known as Lake Placid 1980, were an international multi-sport event held from...
The 1992 Winter Olympics, officially known as the XVI Olympic Winter Games (French: XVIes Jeux Olympiques d'hiver) and commonly known as Albertville '92...
and ice. The first Winter OlympicGames, the 1924 Winter Olympics, were held in Chamonix, France. The modern OlympicGames were inspired by the ancient...
The 2020 Summer Olympics, officially theGamesofthe XXXII Olympiad and officially branded as Tokyo 2020, were an international multi-sport event held...
The 2028 Summer Olympics, officially known as theGamesofthe XXXIV Olympiad, and commonly known as Los Angeles 2028 or LA28, is an upcoming international...
The 1976 Summer Olympics (French: Jeux olympiques d'été de 1976), officially known as theGamesofthe XXI Olympiad (French: Jeux de la XXIe Olympiade)...
The 2012 Summer Olympics, officially theGamesofthe XXX Olympiad and also known as London 2012, were an international multi-sport event held from 27 July...
The 1992 Summer Olympics (Spanish: Juegos Olímpicos de Verano de 1992, Catalan: Jocs Olímpics d'estiu de 1992), officially known as theGamesofthe XXV...
The Summer OlympicGames (known in French as "Jeux olympiques d'été"), also known as theGamesofthe Olympiad, and often referred to as the Summer Olympics...
The 2006 Winter Olympics (Italian: 2006 Olimpiadi invernali), officially the XX Olympic Winter Games (Italian: XX Giochi olimpici invernali) and also known...
The 1996 Summer Olympics (officially theGamesofthe XXVI Olympiad, also known as Atlanta 1996 and commonly referred to as the Centennial Olympic Games)...
The 2010 Winter Olympics, officially known as the XXI Olympic Winter Games (French: XXIes Jeux olympiques d'hiver) and also known as Vancouver 2010 (Squamish:...
The 2016 Summer Olympics (Portuguese: Jogos Olímpicos de Verão de 2016), officially theGamesofthe XXXI Olympiad (Portuguese: Jogos da XXXI Olimpíada)...
The 1994 Winter Olympics, officially known as the XVII Olympic Winter Games (Norwegian: De 17. olympiske vinterleker; Nynorsk: Dei 17. olympiske vinterleikane)...
The 1972 Summer Olympics (German: Olympische Sommerspiele 1972), officially known as theGamesofthe XX Olympiad (German: Spiele der XX. Olympiade) and...
The 2030 Winter Olympics, officially known as the XXVI Olympic Winter Games, is an upcoming international multi-sport event scheduled to take place in...
thecostofthe 2012 London Olympics and even surpassing the estimated costof US$44 billion for the 2008 Summer Olympics in Beijing. The 2014 Games achieved...
the authority responsible for organising the modern (Summer, Winter, and Youth) OlympicGames. The IOC is the governing body ofthe National Olympic Committees...
The 2002 Winter Olympics, officially the XIX Olympic Winter Games and commonly known as Salt Lake 2002 (Arapaho: Niico'ooowu' 2002; Gosiute Shoshoni:...
Yamanouchi Nozawa Onsen Karuizawa Iizuna The 1998 Winter Olympics, officially known as the XVIII Olympic Winter Games (Japanese: 第18回オリンピック冬季競技大会, Hepburn:...
TheOlympicGames ceremonies ofthe Ancient OlympicGames were an integral part of these Games; the modern Olympicgames have opening, closing, and medal...
Global Information