Every time after the Olympic Games, analysts around the world calculate not only how many medals a particular team won and how many fans visited sports complexes, but also how much budget was spent on organizing such large-scale competitions.
One of the leaders in the ranking of the most expensive Olympics in the world is the 2008 Summer Beijing. According to experts, China spent about $ 40 billion on holding the competitions. At the same time, the Chinese authorities were able to do everything in such a way that they did not have any debts. This is due to the fact that China has a huge amount of resources that can justify the costs of building sports facilities, transport interchanges, and improving the metro. The construction of the Olympic facilities took at least 20% of the total budget. That is why they amazed with their grandeur and solidity. The rest of the funds were used to improve the city's infrastructure and directly to host the Olympics. The whole world watched with admiration the magnificent opening ceremony of the competition. The Chinese closed their sporting events no less magnificently and solemnly.
Of the Olympic competitions held, the 1976 Games in Montreal were also recognized as expensive - it took about $ 20 billion to organize them. They were opened by members of the royal family, who were fully present in Canada. The XXI Olympic Games began with the delivery of fire using a laser directed by a space satellite. The huge tower that was installed in the stadium is still considered one of the largest in the world. To this day, those games are considered some of the most spectacular and exciting for millions of fans around the world. They are also notable for the fact that the hosts of those competitions could not win a single gold medal. The holding of such a large-scale event drove the country into debt, which was paid over 30 years. The government had to go for unprecedented austerity measures, such as raising the tobacco tax to 20%. It was canceled only closer to 2000.
2004 Athens is not far behind Montreal. About $ 15 billion was spent on Greek competitions. This Olympics also left huge debts for the country - in the region of 112% of Greece's GDP. In terms of each specific family, the amount of debt was about 50,000 euros from each house. Quite a large part of the costs was directed to ensuring the safety of the competition. This was due to the fact that the memories of the September 11 attacks were still fresh in the memory of the whole world. In addition, a lot of finances have been “eaten up” by the improvement of the infrastructure of the not most developed European country.
The 2012 London Olympics are predicted to join this list. Despite the fact that its budget is officially determined at $ 2 billion, experts have calculated that its arrangement will result in all England's 32 billion.
The Russian Olympics in Sochi will also be on the list of the most expensive. After all, instead of the planned $ 12 billion, 30 billion have already been spent on its holding. And this is not the limit - at present, neither the Olympic facilities nor the city's infrastructure are finally ready for an event of this scale.
