Country rankings

Gold Medal Payout by Country

Hong Kong has the highest Payout for Olympic Gold Medal in 2024 ($769,558), followed by Singapore ($737,000) and Turkey ($531,638). Canada has the lowest ($14,572).

Sports146 countries · 12 metricsUpdated Oct 18, 2024Original page
9 sources
49 of 235 countries
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Payout for Olympic Gold Medal, 2024

Darker means higher. Click a place to highlight it.

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All 49 ranked

Highest first.

Distribution Median and middle halfThe median is the middle value: half of places are above it, half below. The middle half is the range holding the central 50% of places.More in the glossary →

Each dot is one country; the lines mark the median and the middle half.

Median
$100,000
Middle half $44,171 – $225,067
Average
$157,321
49 countries
Highest
$769,558
Hong Kong
Lowest
$14,572
Canada

Over time · 2022–2026

The top 5 in 2024, against the median.

  • Median of all countries
  • Hong Kong
  • Singapore
  • Turkey
  • Thailand
  • Indonesia

Data

Click a column to sort, a row to highlight that place on the charts.

53 countries · # = rank by Payout for Olympic Gold Medal
#
1Hong Kong$769,558$384,279192,1392,026
2Singapore$737,000$369,000184,0002,021
3Turkey$531,638$313,258157,616—
4Thailand$365,150$219,090146,0602,021
5Indonesia$346,000$138,50069,2502,021
6Georgia$318,000$159,00079,5002,024
7Iran$295,000$131,00066,0002,024
7Italy$295,000$107,00071,0002,026
9Israel$263,000$197,000132,0002,024
10Kazakhstan$250,000$150,00075,0002,021
11Malaysia$236,000$71,00024,0002,021
12Azerbaijan$235,000$117,50058,7502,021
13Morocco$225,067$140,66784,4002,021
14Philippines$200,000$100,00040,0002,021
14Uzbekistan$200,000$100,00050,000—
16Lithuania$183,005$91,53368,6642,024
17Mexico$169,212$112,80856,4042,024
18Ecuador$150,000$125,000100,0002,024
18Hungary$150,000$106,00084,0002,024
20Bulgaria$139,719$111,77583,8812,024
21Ukraine$125,000$100,00080,000—
22Estonia$117,500$82,25052,0002,022
23Kyrgyzstan$117,000$117,00082,0002,024
24Spain$111,562$56,96835,6052,021
25Czechia$100,000$80,00050,0002,024
25Greece$100,000$55,00044,0002,024
25Serbia$100,000$80,00060,0002,024
28France$86,670$43,33521,6672,024
29Finland$59,342$35,60523,7372,022
29Slovakia$59,342$47,47335,6052,022
31South Korea$54,767$30,42621,7332,022
32Belgium$54,606$32,76421,8432,024
33Poland$51,572$37,38927,0752,024
34Fiji$50,000$20,00010,0002,024
35Brazil$49,000$29,00020,0002,021
36Japan$45,000$18,0009,0002,021
37Switzerland$44,171$33,12922,0862,022
38United States$38,000$23,00015,0002,024
39South Africa$37,000$19,0007,0002,021
40New Zealand$36,118$33,10033,1002,024
41Mongolia$35,280$17,6408,8202,024
42Netherlands$32,614$24,46016,3072,024
43Liechtenstein$27,602$22,08216,5612,021
44Slovenia$23,737$20,77017,8022,022
45Germany$22,000$17,00011,0002,022
46Austria$21,986—15,3902,024
47Australia$20,000$18,00010,0002,024
48Denmark$15,962$11,9717,9812,021
49Canada$14,572$10,9297,2862,024
—Russia———2,021
—Taiwan———2,021
—Latvia———2,022
—Andorra———2,026

What correlates with Payout for Olympic Gold Medal (2024)?

Pearson r against 1,877 other country metrics sharing at least 30 countries. Ranks are read by standing: a better rank counts as higher, whether rank 1 is the best place on a list or the worst. Correlation is not causation.

Higher together

Places that have a higher Payout for Olympic Gold Medal tend to score higher on these (or rank better)

  1. Population Density (per km²)
    r = +0.73 · very strong · n = 49
    Plot
  2. Apricot ProductionApricot Production by Country
    r = +0.68 · strong · n = 31
    Plot
  3. Estimated Kurdish PopulationKurdish Population by Country
    r = +0.67 · strong · n = 32
    Plot
  4. Kurdish Population Latest EstimateKurdish Population by Country
    r = +0.67 · strong · n = 33
    Plot
  5. Estimated Maximum Roma PopulationRoma Population by Country
    r = +0.67 · strong · n = 31
    Plot
  6. Average RadianceDarkest Countries
    r = +0.66 · strong · n = 49
    Plot

Opposite directions

Places that have a higher Payout for Olympic Gold Medal tend to score lower on these (or rank worse)

  1. Energy Security ScoreEnergy Trilemma Energy Performance Index
    r = −0.65 · strong · n = 44
    Plot
  2. V-Dem PCI ScoreV Dem Democracy Index by Country
    r = −0.65 · strong · n = 48
    Plot
  3. LP Personal FreedomLegatum Prosperity IndexA rank: rank 1 is the best
    r = −0.63 · strong · n = 47
    Plot
  4. V-Dem EDI ScoreV Dem Democracy Index by Country
    r = −0.63 · strong · n = 48
    Plot
  5. Press Freedom Index Score (RSF)Freedom Index by Country
    r = −0.62 · strong · n = 48
    Plot
  6. Expenditure as % of GDPGovernment Size by Country
    r = −0.62 · strong · n = 47
    Plot

Quick answers

Which country has the highest Payout for Olympic Gold Medal?
Hong Kong has the highest Payout for Olympic Gold Medal in 2024, at $769,558, followed by Singapore ($737,000) and Turkey ($531,638).
Which country has the lowest Payout for Olympic Gold Medal?
Canada has the lowest Payout for Olympic Gold Medal in 2024, at $14,572.
What is the median Payout for Olympic Gold Medal across countries?
The median is $100,000 across the 49 countries with data in 2024.
Where does this gold medal payout by country data come from?
Rankodex compiles it from World Population Review and the primary sources it cites: Many Countries Pay Big Bonuses For Olympic Medals - Forbes; Incentives for Olympic medalists by country - Wiki; How much did the U.S. pay Simone Biles for her four Olympic medals? - Fort Worth Star-Telegram; Paris 2024 Medal Table - Olympics.com.

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