Here’s how Olympic medals are rewarded in different countries and in Kosovo

The dream of many children. The goal of every athlete. Medals at the Olympic Games represent an achievement coveted by every athlete.

Whether gold, silver or bronze, winning a medal at the Olympic Games is a source of pride and glory.

But beyond that, there is the aspect related to the economic factor. How much is a medal won at the Olympic Games worth in different countries?

The economic value of a medal varies not only between medals, but also between nations.

Italy, for example, rewards its athletes who win gold medals with 180,000 euros. This figure is lower than in Singapore, Taiwan, Hong Kong or Saudi Arabia, where the latter country pays 1.2 million euros to every athlete who wins a silver medal at the latest Olympic Games.

The story is different for New Zealand, Great Britain, Sweden and Norway, countries that do not pay athletes for winning medals, while others reward success with cows, cars or houses.

France, the host country of the latest Olympics, gives its athletes 80,000 euros for a gold medal, 40,000 for a silver medal and 20,000 for a bronze medal.

Canada pays only 13,600 euros for a gold medal, 11,000 for a silver one and 7,000 for a bronze.

Australia pays 12,500 euros for the most valuable metal, 10,000 euros for the middle one and 6,500 euros for the last one.

What about the United States? 35,000 euros for gold, 21,000 for silver and 14,000 euros for bronze. The Italian federation ranks among the top ten. An Italian athlete who wins a bronze medal effectively receives twice the prize awarded to an American athlete with a gold medal.

In fact, Italians receive around 180,000 euros (gross) for the most valuable metal, 90,000 euros for the middle one and 45,000 euros for the last one.

Morocco pays 180,000 euros for gold, like Italy; silver, on the other hand, is worth 114,000 euros.

Indonesia gives its medalists cows, and Malaysia gives them a foreign-made car.

Kazakhstan and China offer apartments of different sizes depending on the value of the medals won.

For a gold medal, Singapore gives a reward of 678,000 euros, Taiwan 663,000 euros plus a lifetime monthly salary of 3,700 euros. Hong Kong gives 591,000 euros.

During “Tokyo 2020,” Saudi Arabia gave karate athlete Tereg Hamedi 1.2 million euros for a silver medal.

Kosovo is the leader in the Balkans in terms of rewards for medalists. Under the regulation on state rewards, in addition to the gold medal at European and world championships and the Olympic Games, which is rewarded with 100,000 euros, the silver medal is rewarded with 60,000 euros, while the bronze medal is rewarded with 40,000 euros.

Coaches receive half of this amount. /GazetaSport/