In all European countries, prices are relatively lower, compared to countries around the world. 65 thousand euros will be rewarded an athlete in France if he wins a gold medal; about 20 thousand euros in Germany and surprisingly, no extra economic rewards for athletes winning medals in the UK.
However, the latter donates approximately $ 162 million (about 136 million euros) each year to government and lottery funds for Olympic and Paralympic sports.
Countries that “better reward” Olympic awards
In fourth place is Azerbaijan, which, in case an athlete wins the gold medal, rewards him with 248 thousand dollars (208 thousand euros); 124 thousand dollars for a silver medal (about 104 thousand euros) and 62 thousand dollars for a bronze medal (52 thousand euros). With two medals won so far, the expenses of the Azerbaijanis for the places on the Olympic podium correspond to 124 thousand dollars (104 thousand euros).
In third place is Kazakhstan, which rewards with 250 thousand euros an athlete who wins a gold medal (about 210 thousand euros), 150 thousand dollars for a silver medal (about 126 thousand euros) and 75 thousand dollars for a bronze medal (about 63 thousand euros). Thanks to the three bronze medals won so far, Kazakhstan’s spending on medals amounts to 225 thousand dollars (about 189 thousand euros).
In second place is Indonesia, which rewards with 746 thousand dollars an athlete who wins a gold medal (about 626 thousand euros), 378 thousand dollars for a silver medal (about 317 thousand euros) and 188 thousand dollars rewards an athlete who wins bronze medals (about 158 thousand euros).
The country that spends the most is undoubtedly Singapore. A gold medal is worth about 1 million dollars (about 840 thousand euros); an athlete who wins a silver medal is rewarded with 500 thousand dollars (about 420 thousand euros) and the bronze medal is rewarded with 250 thousand dollars (about 210 thousand euros).