☰
HomeLiving Beyond BordersGZERO WorldSignalIn 60 SecondsPuppet RegimeGZERO World PodcastContact UsAbout UsCareersPrivacy PolicyTerms

The Graphic Truth: Olympic champs of budget overruns

January 30, 2022
Carlos Santamaria
and
Paige Fusco
The Graphic Truth: Olympic champs of budget overruns
Paige Fusco

With a current budget of $3.9 billion, the upcoming Beijing Winter Olympics will be relatively cheap by modern standards for the Games. The cost of Tokyo 2020 was almost twice the initial budget, and doesn't even count infrastructure spending. Indeed, cost overruns are a given for the Olympics, which since 1960 have always gone over budget — roughly by 173 percent on average. Given that national governments end up footing most of the bill, it's no surprise that in recent years fewer cities have competed to host the Games, and that Brisbane's 2032 bid was unopposed. We rank the last 16 Olympics by how much their final cost exceeded their initial budget.

From Your Site Articles

More from GZERO Media

Tools and Weapons – In Conversation with Ed Policy

Microsoft

In this episode of Tools and Weapons, Microsoft Vice Chair and President Brad Smith sits down with Ed Policy, President and CEO of the Green Bay Packers, to discuss how purpose-driven leadership and innovation are shaping the future of one of the world’s most iconic sports franchises. Ed shares how technology and community-focused initiatives, from Titletown Tech to health and safety innovations on the field, are transforming not just the game of football, but the economy and culture of Green Bay itself. He explains how combining strategic vision with investment in local startups is keeping talent in the Midwest and creating opportunities that extend far beyond Lambeau Field.

Subscribe and find new episodes monthly, wherever you listen to podcasts.

The kids are not alright

The Gen Z group led by Miraj Dhungana escalates their ongoing demonstrations, confronting police outside the prime minister's official residence in Kathmandu, Nepal, on Nov. 26, 2025.
Sanjit Pariyar/NurPhoto

Youth unemployment is making headlines from China to Canada, with many countries’ rates at historic highs. The fallout is fueling Gen Z discontent, creating migration pressures, and threatening social unrest in nations around the globe.

Hard Numbers: Mother Nature batters South and Southeast Asia, Netanyahu asks for a pardon, Aussies get in kayaks to protest coal, Trump commutes sentence of fraudster, Leo makes first foreign trip as pope

People stay at a school, which is functioned as the temporary shelter at flooded area, on November 30, 2025 in Sumatra, Sumatra. The authorities in Indonesia were searching on Sunday for hundreds of people they said were missing after days of unusually heavy rains across Southeast Asia that have killed hundreds and displaced millions.
Photo by Li Zhiquan/China News Service/VCG

800: The death toll from the tropical storm that battered parts of Southeast Asia is now close to 800.

Five stories to be thankful for

US President Donald Trump pardons a turkey at the annual White House Thanksgiving Turkey Pardon in the Rose Garden in Washington, D.C., USA, on Nov. 25, 2025.
Andrew Leyden/NurPhoto

Although not all of our global readers celebrate Thanksgiving, it’s still good to remind ourselves that while the world offers plenty of fodder for doomscrolling and despair, there are still lots of things to be grateful for too.

About UsCareers PressContact Us Privacy PolicyTerms of Use
© 2025 GZERO Media. All Rights Reserved | A Eurasia Group media company.