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Ranked: Olympic medal incentives by country

Using information found online, specially via information found on Wikipedia and an article written by Adolfo Arranz, this gallery tries to give a ranked indication of the countries with the…

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Using information found online, specially via information found on Wikipedia and an article written by Adolfo Arranz, this gallery tries to give a ranked indication of the countries with the lowest gold-medal payout all the way to the countries providing the most payout for a gold medal at the Olympic Games.

The ranking is based on the gold reward only, and where countries are tied. The prices are shown as USD equivalents and the data which is presented is from 2021.

The list consists of 57 countries, starting from Sweden as No. 1

1. Sweden

Peder_Fredricson_2016
Frankie Fouganthin, CC BY-SA 4.0, via Wikimedia Commons

Sweden is listed at $0 for gold, $0 for silver and $0 for bronze.

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2. Norway

Jakob Ingebrigtsen
Erik van Leeuwen, attribution: Erik van Leeuwen (bron: Wikipedia)., GFDL, via Wikimedia Commons

Norway is also listed at $0 for gold, $0 for silver and $0 for bronze.

3. Great Britain

Andy Murray
Leonard Zhukovsky / Shutterstock.com

Great Britain is listed at $0 for gold, $0 for silver and $0 for bronze, though the sources notes an annual athlete stipend instead of medal-by-medal prize money. That fits the broader UK Sport model, which funds athletes through Athlete Performance Awards and wider support rather than direct Olympic medal bonuses.

4. Canada

Maggie MacNeil
Jade Prevost Manuel / Shutterstock.com

Canada offers $14,572 for gold, $10,929 for silver and $7,286 for bronze. The source also notes a $5,000 top-up donation per medal in 2024.

5. Denmark

Pernille Blume
Celso Pupo / Shutterstock.com

Denmark lists $15,962 for gold, $11,971 for silver and $7,981 for bronze.

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6. Costa Rica

Costa Rica, Gold Medal
vepar5

Costa Rica offers $16,000 for gold, $12,000 for silver and $8,000 for bronze.

7. Australia

Silver medalists Emily Seebohm (L), Taylor McKeown, Emma McKeon and Cate Campbell (AUS) during women's 4 Ã? 100m medley relay of the Rio 2016 Olympics Games
Celso Pupo / Shutterstock.com

Australia is listed at $20,000 for gold, $18,000 for silver and $10,000 for bronze.

8. Austria

Matthias Steiner
Official Olympic Commitee

Austria offers $21,986 for gold and $15,390 for bronze in the table shown here, with a note that says winners receive Philharmonic coins rather than a standard cash-only prize.

9. Germany

Laura Ludwig and Kira Walkenhorst
Focus Pix / Shutterstock.com

Germany lists $22,000 for gold, $17,000 for silver and $11,000 for bronze.

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10. Slovenia

Rajmond Debevec
MORS, CC BY 3.0, via Wikimedia Commons

Slovenia offers $23,737 for gold, $20,770 for silver and $17,802 for bronze.

11. Liechtenstein

Hanni Wenzel
IOC/Gavillet, Alain

Liechtenstein is listed at $27,602 for gold, $22,082 for silver and $16,561 for bronze. They’ve only won 2 olympic gold medals, both won by Hanni Wenzel in 1976 and 1980.

12. Netherlands

Jutta Leerdam
Orange Pictures / Shutterstock.com

The Netherlands offers $32,614 for gold, $24,460 for silver and $16,307 for bronze. It’s added that team-sport rewards are lower and depend on squad size, so the system is more flexible than a flat medal-only payment.

13. Mongolia

Sumiya Dorjsuren
Celso Pupo / Shutterstock.com

Mongolia lists $35,280 for gold, $17,640 for silver and $8,820 for bronze. It’s noted that there is a lifetime monthly payments for medalists, so the one-off bonus is only part of the overall reward package.

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14. New Zealand

lydia ko
Hazrin CRIC / Shutterstock.com

New Zealand offers $36,118 for gold and $33,100 for both silver and bronze. That sits inside a wider High Performance Sport New Zealand model built around repeatable success, broader athlete support and targeted high-performance investment, which helps explain why the medal gap itself is relatively compressed.

15. South Africa

Caster_Semenya
Tab59 from Düsseldorf, Allemagne, CC BY-SA 2.0, via Wikimedia Commons

South Africa is listed at $37,000 for gold, $19,000 for silver and $7,000 for bronze.

16. United States

Michael Phelps
Focus Pix / Shutterstock.com

The United States offers $37,500 for gold, $22,500 for silver and $15,000 for bronze.

17. Switzerland

Loic_Meillard
Krzysztof Golik, CC BY-SA 4.0, via Wikimedia Commons

Switzerland is listed at $44,171 for gold, $33,129 for silver and $22,086 for bronze.

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18. Japan

Lin Dan
Official Olympic Committee

Japan offers $45,000 for gold, $18,000 for silver and $9,000 for bronze.

19. Brazil

Neymar, Brazil
A.RICARDO / Shutterstock.com

Brazil is listed at $49,000 for gold, $29,000 for silver and $20,000 for bronze.

20. Fiji

Fiji National Rugby Team
mfauzisaim / Shutterstock.com

Fiji offers $50,000 for gold, $20,000 for silver and $10,000 for bronze.

21. Poland

Robert Korzeniowski
Wikimedia Commons

Poland lists $51,572 for gold, $37,389 for silver and $27,075 for bronze. It’s added that gold and silver medalists receive an apartment in Poland’s capital, while any medalist gets a monthly payment after turning 40, so the country’s reward system mixes cash with long-term recognition.

22. Belgium

Remco Evenepoel
Rz98, CC BY-SA 4.0, via Wikimedia Commons

Belgium offers $54,606 for gold, $32,764 for silver and $21,843 for bronze. The source ties those figures to the Paris 2024 Olympics.

23. South Korea

Lee Sanghwa
Korea.net / Korean Culture and Information Service (Photographer name), CC BY-SA 2.0, via Wikimedia Commons

South Korea is listed at $54,767 for gold, $30,426 for silver and $21,733 for bronze. Beyond the cash, the male medalists are exempt from regular military conscription and gold medalists receive a lifetime monthly payment, showing that the reward system is built around status and long-term recognition as well as money.

24. Slovakia

Petra Vihova
Hans Christiansson / Shutterstock.com

Slovakia offers $59,342 for gold, $47,473 for silver and $35,605 for bronze. It’s added that there are rewards for placings down to eighth place, plus a separate structure for team sports.

25. Finland

Finland Gold Medal 2022 Beijing
Wikimedia Commons // UKN author

Finland is listed at $59,342 for gold, $35,605 for silver and $23,737 for bronze.

26. Russia

Russia Gold Medal Sochi 2022 Female Icehockey
Iurii Osadchi / Shutterstock.com

Russia offers $61,000 for gold, $38,000 for silver and $26,000 for bronze. It’s added that medalists have historically also received premium cars, luxury apartments and regional or federation payouts, so the official cash figure is only part of the picture.

27. France

Léon Marchand
Sebleouf, CC BY-SA 4.0, via Wikimedia Commons

France is listed at $86,670 for gold, $43,335 for silver and $21,667 for bronze.

28. Greece

Miltiadis TENTOGLOU
Marco Iacobucci Epp / Shutterstock.com

Greece offers $100,000 for gold, $55,000 for silver and $44,000 for bronze..

29. Czech Republic

Ester Ledecka
yakub88 / Shutterstock.com

The Czech Republic is listed at $100,000 for gold, $80,000 for silver and $50,000 for bronze.

30. Spain

Carolina Marin
IOIO IMAGES / Shutterstock.com

Spain offers $111,562 for gold, $56,968 for silver and $35,605 for bronze.

31. Kyrgyzstan

Abdumalik Khalokov
Olympic.uz, CC BY 4.0, via Wikimedia Commons

Kyrgyzstan is listed at $117,000 for gold, $117,000 for silver and $82,000 for bronze. The equal gold-and-silver payment makes it one of the most unusual structures in the table.

32. Estonia

Irina Embrich, Katrina Lehis, Julia Beljajeva and Erika Kirpu
Karli Saul, CC BY-SA 4.0, via Wikimedia Commons

Estonia offers $117,500 for gold, $82,250 for silver and $52,000 for bronze. It’s noted that the reward is doubled for teams of four or more, which gives Estonia one of the more specific team-sport rules in the list.

33. Kosovo

Majlinda Kelmendi
Victor Velter / Shutterstock.com

Kosovo is listed at $118,683 for gold, $71,210 for silver and $47,473 for bronze.

34. Ukraine

Oleksandr Khyzhniak
Just dance / Shutterstock.com

Ukraine offers $125,000 for gold, $100,000 for silver and $80,000 for bronze. It’s added that all medalists receive a lifetime stipend, so the support continues beyond the one-time Olympic payment.

35. Bulgaria

Semen Sergeevich
Kadir.caliskan.photo, CC BY 4.0, via Wikimedia Commons

Bulgaria is listed at $139,719 for gold, $111,775 for silver and $83,881 for bronze.

36. Romania

Nadia Comăneci
Unknown (Comitetul Olimpic si Sportiv Roman), Public domain, via Wikimedia Commons

Romania offers $145,800 for gold, $116,600 for silver and $87,500 for bronze. It’s added that there is payments for fourth, fifth and sixth place, plus a lifetime monthly payment after retirement, which makes Romania’s system broader than a simple medal bonus.

37. Hungary

Kozak Danuta (HUN)
Foto011 / Shutterstock.com

Hungary is listed at $150,000 for gold, $106,000 for silver and $84,000 for bronze.

38. Ecuador

Jefferson-Perez
Marco Togni, CC BY-SA 3.0, via Wikimedia Commons

Ecuador offers $150,000 for gold, $125,000 for silver and $100,000 for bronze.

39. Mexico

Left to right: diver Germán Sánchez, pentathlete Ismael Hernández, President Enrique Peña Nieto, taekwondo practitioner María Espinoza, boxer Misael Rodríguez and racewalker María Guadalupe González
Presidencia de la República Mexicana, CC BY 2.0, via Wikimedia Commons

Mexico is listed at $169,212 for gold, $112,808 for silver and $56,404 for bronze.

40. Lithuania

Ruta MEILUTYTE (LTU)
Ranjith_july / Shutterstock.com

Lithuania offers $183,005 for gold, $91,533 for silver and $68,664 for bronze.

41. Uzbekistan

Asadkhuja Muydinkhujaev
Olympic.uz, CC BY 4.0, via Wikimedia Commons

Uzbekistan is listed at $200,000 for gold, $100,000 for silver and $50,000 for bronze.

42. Philippines

Hidilyn Diaz
PTV News, Public domain, via Wikimedia Commons

The Philippines offers $200,000 for gold, $100,000 for silver and $40,000 for bronze.

43. Italy

Shutterstock.com // UKN Author

Italy is listed at $213,000 for gold, $107,000 for silver and $71,000 for bronze.

44. Morocco

Soufiane El Bakkali
Erik van Leeuwen, attribution: Erik van Leeuwen (bron: Wikipedia)., GFDL, via Wikimedia Commons

Morocco offers $225,067 for gold, $140,667 for silver and $84,400 for bronze.

45. Serbia

Novak Djokovic
Asatur Yesayants / Shutterstock.com

Serbia is listed at $226,000 for gold, $113,000 for silver and $62,000 for bronze.

46. Azerbaijan

Zelym Kotsoiev
Olympic.uz, CC BY 4.0, via Wikimedia Commons

Azerbaijan offers $235,000 for gold, $117,500 for silver and $58,750 for bronze. The source notes that the listed scale dates to the Rio 2016 Olympics and hasn’t been updated since.

47. Malaysia

Lee Chong Wei
Abdul Razak Latif / Shutterstock.com

Malaysia is listed at $236,000 for gold, $71,000 for silver and $24,000 for bronze. There is also a lifetime monthly salary for medalists, which fits a Malaysian pattern of combining one-off Olympic rewards with pension-style recognition. Malaysia has never won a gold medal

48. Kazakhstan

Mikhail Shaidorov (KAZ)
Ranjith_july / Shutterstock.com

Kazakhstan offers $250,000 for gold, $150,000 for silver and $75,000 for bronze.

49. Israel

Linoy Ashram
Mark Neyman / Government Press Office of Israel, CC BY-SA 4.0, via Wikimedia Commons

Israel is listed at $263,000 for gold, $197,000 for silver and $132,000 for bronze. This information is tied specifically to the Paris 2024 Olympics.

50. Iran

Sandro Halank
Sandro Halank, Wikimedia Commons, CC BY-SA 4.0, CC BY-SA 4.0, via Wikimedia Commons

Iran offers $295,000 for gold, $131,000 for silver and $66,000 for bronze.

51. Georgia

Lasha Talakhadze
Agência Brasil Fotografias, CC BY 2.0, via Wikimedia Commons

Georgia is listed at $318,000 for gold, $159,000 for silver and $79,500 for bronze.

52. Indonesia

rizki juniansyah
Shutterstock.com // Frxc

Indonesia offers $346,000 for gold, $138,500 for silver and $69,250 for bronze.

53. Thailand

Panipak WONGPATTANAKIT
Pal2iyawit / Shutterstock.com

Thailand is listed at $365,150 for gold, $219,090 for silver and $146,060 for bronze.

54. Chinese Taipei

Lee Yang and Wang Chi Lin
ryanko / Shutterstock.com

Chinese Taipei offers $720,000 for gold, $251,000 for silver and $178,000 for bronze. These amounts are placing Chinese Taipei among the most generous medal-bonus systems in the entire table.

55. Singapore

Joseph Schooling
Leonard Zhukovsky / Shutterstock.com

Singapore is listed at $737,000 for gold, $369,000 for silver and $184,000 for bronze. The higher payouts are part of the Major Games Award Programme, which the Singapore National Olympic Council says was devised specifically to reward medal-winning athletes, with the Olympic individual gold prize set at S$1 million.

56. Hong Kong

Vivian Kong
SPORTS FEDERATION AND OLYMPIC COMMITTEE OF HONG KONG, CHINA

Hong Kong offers $769,558 for gold, $384,279 for silver and $192,139 for bronze. Those rewards come through the Jockey Club Athlete Incentive Awards Scheme, which is explicitly designed to encourage and reward elite Hong Kong athletes and was increased ahead of Paris 2024.

57. Turkey

Naim Süleymanoğlu
Wikimedia Commons

Turkey closes the list with the highest gold payout of all: $1,016,000, plus $609,600 for silver and $304,800 for bronze.

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