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11. 1992 Summer Olympics. Location: Barcelona, Spain. Total costs: $9.3 billion Total costs adjusted for inflation: $18.1 billion Profit/loss: +$10.0 million Profit/loss adjusted for inflation: +$19.5 million. Bottom Line: 1992 Summer Olympics. At the time, only the 1964 Tokyo Summer Games were more expensive than this money pit.
The Oxford Olympics Study estimates the direct costs of the Barcelona 1992 Summer Olympics to be US$9.7 billion (expressed in 2015 U.S. dollars) with a cost overrun of 266%.
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Feb 8, 2022 · Here are just a few of the more egregious busted Olympic budgets from recent years, according to the CFR: 2012 Summer Games: London budgets $5 billion but spends $18 billion. 2014 Winter Games ...
AFP/Getty Images. Economic Transformation. The Olympics is at least partly responsible for a huge population increase, from 3.5 million people in 1996 to nearly 5.5 million in the metro area today ...
Jul 23, 2021 · How much did the Barcelona Olympic Games cost? It is hard to measure the enormous financial outlay by Barcelona and other stakeholders, but the Organizing Committee of the Games of the XXV Olympiad estimates that they spent around 900 million euros , paid in the local currency at the time, the peseta (in disuse since the euro came into ...
Jul 26, 2016 · More Olympics-established cities have tried to keep prices down—Vancouver and London, at the cheaper end of the scale, cost $10 billion and $16 billion dollars apiece—but, while they do face ...
Dec 14, 2021 · As the costs of hosting have skyrocketed, revenues cover only a fraction of expenditures. Beijing’s 2008 Summer Olympics generated $3.6 billion in revenue, compared with over $40 billion in ...
