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Cost of Olympics | Economics Blog

Cost of Olympics


Faster, higher, dearer

The bill for hosting the Olympics has spiralled since postwar austerity*

1948 London: £20m
1960 Rome: £44m
1984 Los Angeles: £966m
1992 Barcelona: £1.7bn
2004 Athens £8bn
2008 Beijing: £20bn
2012 London: £11.3bn

*Construction and competition costs at 2008 prices

 

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