Athens 2004 Olympic Results by GDP

Athens 2004 olympic medal tally by gross domestic product (GDP)

This page contains Olympic results standardised by GDP. The thinking is that the more money you make the more likely you are able to train a freak of nature that can win a medal. Economics is supposed to be a very large factor in gaining an olympic medal. Reasonably simple to do and although this statistic is by no means an accurate reflection of a country's performance, medals/population is, in my opinion, a far better indicator of success than simple sum-medals, and is easy for the lay person to comprehend. If you want to see a reasonably good predictive statistical model check out the paper by Bernard & Busse.

Three tables contain the following:: Gold medals per $billion; Total medals per $billion; Weighted medal score per $billion

Last updated 12:07 Monday the 6th of September, 2004 (@+10GMT). The population data is stolen from the World Bank. The medal data is filtered out of the Official website, The program to calculate the data was written by me using Delphi. I use GNU Wget to download the web page and MoveIt Freely to transfer these web pages to my site. The time is all mine.

Note that these results are accurate as at the ending of the Olympic Games event, however as time passes, certain competitors may be stripped of their medals which will definitely affect the country's ranking.

Gold medals per GDP

Rank Country Gold Silver Bronze Gold/GDP

1 GEORGIA 2 2 0 0.5080

2 ETHIOPIA 2 3 2 0.3013

3 CUBA 9 7 11 0.2849

4 JAMAICA 2 1 2 0.2559

5 UZBEKISTAN 2 1 2 0.2010

6 THE BAHAMAS 1 0 1 0.1901

7 UKRAINE 9 5 9 0.1817

8 AZERBAIJAN 1 0 4 0.1404

9 ROMANIA 8 5 6 0.1325

10 ZIMBABWE 1 1 1 0.1204

11 BELARUS 2 6 7 0.1143

12 BULGARIA 2 1 9 0.1007

13 HUNGARY 8 6 3 0.0966

14 CAMEROON 1 0 0 0.0803

15 KENYA 1 4 2 0.0722

16 DOMINICAN REPUBLIC 1 0 0 0.0628

17 SLOVAKIA 2 2 2 0.0628

18 RUSSIA 27 27 38 0.0623

19 LITHUANIA 1 2 0 0.0549

20 MOROCCO 2 1 0 0.0450

21 NEW ZEALAND 3 2 0 0.0393

22 CROATIA 1 2 2 0.0353

23 GREECE 6 6 4 0.0347

24 KAZAKHSTAN 1 4 3 0.0336

25 AUSTRALIA 17 16 16 0.0328

26 CHILE 2 0 1 0.0276

27 CHINA 32 17 14 0.0227

28 NORWAY 5 0 1 0.0226

29 THAILAND 3 1 4 0.0210

30 ARGENTINA 2 0 4 0.0154

31 KOREA, SOUTH 9 12 9 0.0149

32 IRAN 2 2 2 0.0146

33 POLAND 3 2 5 0.0143

34 UNITED ARAB EMIRATES 1 0 0 0.0141

35 SWEDEN 4 1 2 0.0133

36 TURKEY 3 3 4 0.0126

37 EGYPT 1 1 3 0.0121

38 CZECH REPUBLIC 1 3 4 0.0117

39 ISRAEL 1 0 1 0.0096

40 DENMARK 2 0 6 0.0094

41 BRAZIL 4 3 3 0.0081

42 AUSTRIA 2 4 1 0.0080

43 NETHERLANDS 4 9 9 0.0078

44 ITALY 10 11 11 0.0068

45 IRELAND 1 0 0 0.0067

46 FRANCE 11 9 13 0.0063

47 SOUTH AFRICA 1 3 2 0.0063

48 GERMANY 14 16 18 0.0058

49 UNITED KINGDOM (GREAT BRITAIN) 9 9 12 0.0050

50 INDONESIA 1 1 2 0.0048

51 TAIWAN (CHINESE TAIPEI) 2 2 1 0.0038

52 JAPAN 16 9 12 0.0037

53 CANADA 3 6 3 0.0036

54 SPAIN 3 11 5 0.0036

55 BELGIUM 1 0 2 0.0033

56 SWITZERLAND 1 1 3 0.0032

57 UNITED STATES 35 39 29 0.0032

Total medals per GDP

Rank Country Gold Silver Bronze Total Medals
/GDP

1 ERITREA 0 0 1 1.3624

2 ETHIOPIA 2 3 2 1.0545

3 GEORGIA 2 2 0 1.0160

4 BELARUS 2 6 7 0.8575

5 CUBA 9 7 11 0.8547

6 MONGOLIA 0 0 1 0.8418

7 AZERBAIJAN 1 0 4 0.7019

8 JAMAICA 2 1 2 0.6396

9 BULGARIA 2 1 9 0.6043

10 KENYA 1 4 2 0.5057

11 UZBEKISTAN 2 1 2 0.5026

12 UKRAINE 9 5 9 0.4643

13 LATVIA 0 4 0 0.4136

14 THE BAHAMAS 1 0 1 0.3802

15 ZIMBABWE 1 1 1 0.3613

16 ESTONIA 0 1 2 0.3579

17 ROMANIA 8 5 6 0.3148

18 KAZAKHSTAN 1 4 3 0.2689

19 KOREA, NORTH (DPR OF KOREA) 0 4 1 0.2188

20 RUSSIA 27 27 38 0.2122

21 HUNGARY 8 6 3 0.2053

22 SLOVAKIA 2 2 2 0.1883

23 CROATIA 1 2 2 0.1765

24 PARAGUAY 0 1 0 0.1720

25 LITHUANIA 1 2 0 0.1647

26 SLOVENIA 0 1 3 0.1522

27 SERBIA AND MONTENEGRO (YUGOSLAVIA) 0 2 0 0.1043

28 TRINIDAD AND TOBAGO 0 0 1 0.0980

29 AUSTRALIA 17 16 16 0.0945

30 CZECH REPUBLIC 1 3 4 0.0936

31 GREECE 6 6 4 0.0925

32 CAMEROON 1 0 0 0.0803

33 MOROCCO 2 1 0 0.0674

34 NEW ZEALAND 3 2 0 0.0656

35 DOMINICAN REPUBLIC 1 0 0 0.0628

36 EGYPT 1 1 3 0.0607

37 THAILAND 3 1 4 0.0559

38 KOREA, SOUTH 9 12 9 0.0496

39 POLAND 3 2 5 0.0477

40 ARGENTINA 2 0 4 0.0462

41 CHINA 32 17 14 0.0447

42 IRAN 2 2 2 0.0438

43 NETHERLANDS 4 9 9 0.0430

44 TURKEY 3 3 4 0.0420

45 CHILE 2 0 1 0.0414

46 NIGERIA 0 0 2 0.0398

47 DENMARK 2 0 6 0.0377

48 SOUTH AFRICA 1 3 2 0.0375

49 AUSTRIA 2 4 1 0.0278

50 NORWAY 5 0 1 0.0271

51 VENEZUELA 0 0 2 0.0236

52 SWEDEN 4 1 2 0.0233

53 SPAIN 3 11 5 0.0227

54 ITALY 10 11 11 0.0218

55 BRAZIL 4 3 3 0.0203

56 PORTUGAL 0 2 1 0.0201

57 GERMANY 14 16 18 0.0200

58 ISRAEL 1 0 1 0.0193

59 INDONESIA 1 1 2 0.0192

60 FRANCE 11 9 13 0.0189

61 SYRIA 0 0 1 0.0172

62 UNITED KINGDOM (GREAT BRITAIN) 9 9 12 0.0167

63 SWITZERLAND 1 1 3 0.0162

64 CANADA 3 6 3 0.0144

65 UNITED ARAB EMIRATES 1 0 0 0.0141

66 COLOMBIA 0 0 1 0.0129

67 FINLAND 0 2 0 0.0124

68 BELGIUM 1 0 2 0.0099

69 UNITED STATES 35 39 29 0.0095

70 TAIWAN (CHINESE TAIPEI) 2 2 1 0.0095

71 JAPAN 16 9 12 0.0086

72 IRELAND 1 0 0 0.0067

73 MEXICO 0 3 1 0.0064

74 HONG KONG 0 1 0 0.0063

75 INDIA 0 1 0 0.0017

Weighted medal score per GDP
Bronze=1 Silver=2 Gold=4

Rank Country Gold Silver Bronze Weighted Medals
/GDP

1 GEORGIA 2 2 0 3.0480

2 ETHIOPIA 2 3 2 2.4104

3 CUBA 9 7 11 1.9310

4 BELARUS 2 6 7 1.5435

5 JAMAICA 2 1 2 1.5351

6 ERITREA 0 0 1 1.3624

7 UZBEKISTAN 2 1 2 1.2062

8 AZERBAIJAN 1 0 4 1.1230

9 UKRAINE 9 5 9 1.1103

10 KENYA 1 4 2 1.0114

11 BULGARIA 2 1 9 0.9567

12 THE BAHAMAS 1 0 1 0.9506

13 ZIMBABWE 1 1 1 0.8430

14 MONGOLIA 0 0 1 0.8418

15 LATVIA 0 4 0 0.8272

16 ROMANIA 8 5 6 0.7953

17 HUNGARY 8 6 3 0.5676

18 KAZAKHSTAN 1 4 3 0.5042

19 ESTONIA 0 1 2 0.4772

20 RUSSIA 27 27 38 0.4614

21 SLOVAKIA 2 2 2 0.4393

22 LITHUANIA 1 2 0 0.4392

23 KOREA, NORTH (DPR OF KOREA) 0 4 1 0.3939

24 CROATIA 1 2 2 0.3531

25 PARAGUAY 0 1 0 0.3440

26 CAMEROON 1 0 0 0.3213

27 DOMINICAN REPUBLIC 1 0 0 0.2513

28 GREECE 6 6 4 0.2312

29 MOROCCO 2 1 0 0.2248

30 AUSTRALIA 17 16 16 0.2238

31 NEW ZEALAND 3 2 0 0.2098

32 SERBIA AND MONTENEGRO (YUGOSLAVIA) 0 2 0 0.2086

33 SLOVENIA 0 1 3 0.1902

34 CZECH REPUBLIC 1 3 4 0.1639

35 THAILAND 3 1 4 0.1257

36 CHINA 32 17 14 0.1248

37 CHILE 2 0 1 0.1243

38 KOREA, SOUTH 9 12 9 0.1140

39 EGYPT 1 1 3 0.1092

40 IRAN 2 2 2 0.1023

41 POLAND 3 2 5 0.1002

42 TRINIDAD AND TOBAGO 0 0 1 0.0980

43 NORWAY 5 0 1 0.0948

44 ARGENTINA 2 0 4 0.0925

45 TURKEY 3 3 4 0.0924

46 NETHERLANDS 4 9 9 0.0841

47 SOUTH AFRICA 1 3 2 0.0751

48 AUSTRIA 2 4 1 0.0676

49 SWEDEN 4 1 2 0.0665

50 DENMARK 2 0 6 0.0659

51 UNITED ARAB EMIRATES 1 0 0 0.0564

52 BRAZIL 4 3 3 0.0508

53 ITALY 10 11 11 0.0498

54 ISRAEL 1 0 1 0.0482

55 SPAIN 3 11 5 0.0466

56 GERMANY 14 16 18 0.0442

57 FRANCE 11 9 13 0.0429

58 NIGERIA 0 0 2 0.0398

59 INDONESIA 1 1 2 0.0384

60 UNITED KINGDOM (GREAT BRITAIN) 9 9 12 0.0368

61 PORTUGAL 0 2 1 0.0335

62 CANADA 3 6 3 0.0324

63 SWITZERLAND 1 1 3 0.0291

64 IRELAND 1 0 0 0.0269

65 FINLAND 0 2 0 0.0248

66 TAIWAN (CHINESE TAIPEI) 2 2 1 0.0246

67 VENEZUELA 0 0 2 0.0236

68 UNITED STATES 35 39 29 0.0227

69 JAPAN 16 9 12 0.0217

70 BELGIUM 1 0 2 0.0199

71 SYRIA 0 0 1 0.0172

72 COLOMBIA 0 0 1 0.0129

73 HONG KONG 0 1 0 0.0126

74 MEXICO 0 3 1 0.0112

75 INDIA 0 1 0 0.0033

Rank	Country	Gold	Silver	Bronze	Gold/GDP
1	GEORGIA	2	2	0	0.5080
2	ETHIOPIA	2	3	2	0.3013
3	CUBA	9	7	11	0.2849
4	JAMAICA	2	1	2	0.2559
5	UZBEKISTAN	2	1	2	0.2010
6	THE BAHAMAS	1	0	1	0.1901
7	UKRAINE	9	5	9	0.1817
8	AZERBAIJAN	1	0	4	0.1404
9	ROMANIA	8	5	6	0.1325
10	ZIMBABWE	1	1	1	0.1204
11	BELARUS	2	6	7	0.1143
12	BULGARIA	2	1	9	0.1007
13	HUNGARY	8	6	3	0.0966
14	CAMEROON	1	0	0	0.0803
15	KENYA	1	4	2	0.0722
16	DOMINICAN REPUBLIC	1	0	0	0.0628
17	SLOVAKIA	2	2	2	0.0628
18	RUSSIA	27	27	38	0.0623
19	LITHUANIA	1	2	0	0.0549
20	MOROCCO	2	1	0	0.0450
21	NEW ZEALAND	3	2	0	0.0393
22	CROATIA	1	2	2	0.0353
23	GREECE	6	6	4	0.0347
24	KAZAKHSTAN	1	4	3	0.0336
25	AUSTRALIA	17	16	16	0.0328
26	CHILE	2	0	1	0.0276
27	CHINA	32	17	14	0.0227
28	NORWAY	5	0	1	0.0226
29	THAILAND	3	1	4	0.0210
30	ARGENTINA	2	0	4	0.0154
31	KOREA, SOUTH	9	12	9	0.0149
32	IRAN	2	2	2	0.0146
33	POLAND	3	2	5	0.0143
34	UNITED ARAB EMIRATES	1	0	0	0.0141
35	SWEDEN	4	1	2	0.0133
36	TURKEY	3	3	4	0.0126
37	EGYPT	1	1	3	0.0121
38	CZECH REPUBLIC	1	3	4	0.0117
39	ISRAEL	1	0	1	0.0096
40	DENMARK	2	0	6	0.0094
41	BRAZIL	4	3	3	0.0081
42	AUSTRIA	2	4	1	0.0080
43	NETHERLANDS	4	9	9	0.0078
44	ITALY	10	11	11	0.0068
45	IRELAND	1	0	0	0.0067
46	FRANCE	11	9	13	0.0063
47	SOUTH AFRICA	1	3	2	0.0063
48	GERMANY	14	16	18	0.0058
49	UNITED KINGDOM (GREAT BRITAIN)	9	9	12	0.0050
50	INDONESIA	1	1	2	0.0048
51	TAIWAN (CHINESE TAIPEI)	2	2	1	0.0038
52	JAPAN	16	9	12	0.0037
53	CANADA	3	6	3	0.0036
54	SPAIN	3	11	5	0.0036
55	BELGIUM	1	0	2	0.0033
56	SWITZERLAND	1	1	3	0.0032
57	UNITED STATES	35	39	29	0.0032