Every Country Has A Different Award For Olympic Gold Medalists — Here's How Much They Earn

·2 min read

The 2021 Olympics in Tokyo are underway, and there has been a lot of buzz surrounding the events, the athletes, the village, and, recently, the prizes.

Suni Lee holding up her Olympic medal
Jamie Squire / Getty Images

On Monday, weightlifter Hidilyn Diaz made history by winning the first-ever gold medal for the Philippines. In honor of her feat, the Filipino government and local businesspeople banded together to award the athlete with a house, a condo, and $660,000.

Hidilyn posing for photos with her gold medal and flower bouquet


Vincenzo Pinto / AFP via Getty Images

When news of cash prizes being awarded to Olympic gold, silver, and bronze medalists hit the internet, many — like me — admitted to never realizing that Olympians are paid outside of sponsorships or brand deals.

One person commented, "OMG! I'm so naive...I thought the medal and honor was the prize. Plus sponsorships and celebrity status...no idea any athletes got prize money"
@underthedesknews / Via tiktok.com

So I did some digging to learn just how much each country awards its top-performing athletes. Of the 205 competing countries, here are a few of the most notable cash prizes:


Singaporean athlete celebrating

Gold: $737,000

Silver: $369,000

Bronze: $184,000

Jung Yeon-je / AFP via Getty Images


Kazakh tennis player pumping their fist

Gold: $250,000

Silver: $150,000

Bronze: $75,000

Defodi Images / DeFodi Images via Getty Images


A Malay badminton player hitting a shot while playing

Gold: $236,000

Silver: $71,000

Bronze: $24,000

Alexander Nemenov / AFP via Getty Images


An Italian gymnast mid-air

Gold: $213,000

Silver: $107,000

Bronze: $71,000

Lionel Bonaventure / AFP via Getty Images


A Hungarian swimmer in the pool during a race

Gold: $168,000

Silver: $126,000

Bronze: $96,000

Attila Kisbenedek / AFP via Getty Images


A Brazilian gymnast on the balance beam

Gold: $49,000

Silver: $29,000

Bronze: $20,000

Wally Skalij / Los Angeles Times via Getty Images


A Japanese gymnast on the pommel horse

Gold: $45,000

Silver: $18,000

Bronze: $9,000

Abbie Parr / Getty Images

United States of America

The U.S. Women's Gymnastics team saluting the crowd and posing with their medals

Gold: $37,500

Silver: $22,500

Bronze: $15,000

Tim Clayton — Corbis / Corbis via Getty Images

South Africa

A South African water polo player in the pool

Gold: $37,000

Silver: $19,000

Bronze: $7,000

Getty Images


A Canadian beach volleyball player preparing to hit the ball

Gold: $16,000

Silver: $12,000

Bronze: $8,000

Yuri Cortez / AFP via Getty Images


An Australian swimmer in the pool at after a race

Gold: $15,000

Silver: $11,000

Bronze: $7,000

Jean Catuffe / Getty Images

Did any of the prizes surprise you? Or do you think any should be more or less? Let us know in the comments.

And congrats to all the Olympians!