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Astana, Kazakhstan • 14 February, 2022 | 15:41
1 min read

Which Country Pays the Most for a Gold Medal at the Olympics?

Qazaqstan Monitor: Which Country Pays the Most for a Gold Medal at the Olympics?

The glory of winning a gold medal is a massive incentive for athletes competing in the Olympic Games. But the impressive bonuses add another more lucrative dimension to the games.

Successful athletes from Indonesia are awarded a prize of $346,000 for gold, not a bad day at the office at all. Singapore offers its successful Olympians even more cash, around $737,000. And Malaysian gold medalists even get life-long pensions.

Britain, like several other European nations, offers its athletes year-long funding and training but no bumper payout. Whereas American competitors get $37,500 for every gold they take home.

Kazakhstan proved to be among the most generous states when it comes to Olympic medals, offering $250,000 for each gold medal taken home by its athletes. For a silver medal athletes get $150,000, and for a bronze one - $75,000.

Note that, in addition to payments from the government of Kazakhstan, athletes receive various bonuses from regional administrations and federations of their sports - for example, apartments, and cars.

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