Top 10 Countries with the Highest Olympic Bonuses for Tokyo 2020 Medalists

Olympic medal-winning athletes generally receive bonuses as a form of appreciation for bringing honor to their nation. Several governments are willing to spend fantastic sums, even billions of rupiah, on athletes who achieve success in this biggest sporting event.

According to a Forbes report, Singapore was the most generous country in awarding bonuses to Olympic medalists at the Tokyo 2020 Olympics. The government of the Lion City awarded bonuses totaling US$738,000, or Rp 10.6 billion at an exchange rate of Rp 14,300/USD.

Taiwan came in second, awarding bonuses of up to US$716,000, equivalent to Rp 10.2 billion. However, this bonus only applied to athletes who won gold medals. Kuo Hsing-chun was one such gold medalist, winning in the women's 59kg weightlifting category.

Hong Kong awarded Rp 9.2 billion to its gold medalists. Quoting Olympics.com, the country won one gold medal in fencing.

Indonesia ranked fourth, also awarding bonuses in the billions of rupiah to its Olympic medalists at the Tokyo 2020 Olympics. The government disbursed bonuses of up to Rp 5 billion to athletes who brought home gold medals.

Greysia Polii and Apriyani Rahayu will receive a bonus of Rp 5 billion after winning gold in women's doubles badminton. They defeated the Chinese pair, Chen Qing Chen and Jia Yi Fan, winning 21-19 in the first game and 21-15 in the second.

However, not all countries provide bonuses for their athletes' achievements. Several European countries, such as the United Kingdom, New Zealand, Norway, and Sweden, do not provide additional money to Olympic medalists.