Paris 2024 extravaganzas expenditure figures



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2024 Olympics costs EUR6n for the state Image: Coliseum GSVA

The 2024 Paris (France) Summer Olympics and Paralympics cost the French State just under six (6) billion euros ($6.9 billion), the national audit body announced in an “initial estimate” recently.

‘FRANCE 24’ stated that the Government expenditure on the organisation of the two sporting extravaganzas last Summer cost 2.77 billion euros which included 1.4 billion euros for security.

The 2024 Summer Olympics, officially the Games of the XXXIII Olympiad and branded as Paris 2024, were an international multisport event held in France from July 26th-August 11th, 2024 with several events starting from July 24th. Paris was the Host City with events (mainly football) held in 16 additional Cities in metropolitan France including the sailing center in the second-largest City of France, Marseille, on the Mediterranean Sea, as well as one subsite for surfing in Tahiti, French Polynesia.

The 2024 Summer Paralympics, also known as the Paris 2024 Paralympic Games, and branded as Paris 2024, were the 17th Summer Paralympic Games, an international multisport parasports event. The Games were held in Paris, France, from August 28th-September 8th, 2024 and featured 549 medal events across 22 sports.

‘FRANCE 24’ further stated that a further 3.19 billion euros were spent on work linked to the infrastructure projects.

More than 35,000 members of the security forces were deployed with the security bill including 315 million euros paid in bonuses to the police.

The Olympics ran from July 26th-August 11th while the Paralympics took place from August 28th-September 8th with the organizers making the most of the historic sites in Central Paris either as venues or the backdrop to the events.

The Games were widely hailed as highly successful.

The national audit body said there would be a “heightened interest” in the figures because France is also preparing to host the 2030 Winter Olympics in the French Alps.

The 2030 Winter Olympics, officially known as the XXVI Olympic Winter Games 2030 and branded as French Alps 2030, is an upcoming international multisport event scheduled to take place from February 1st-17th, 2030 in the French Alps Region of France.

It is the first time actual figures for France have been announced although the President of the national audit body, Pierre Moscovici, said in 2024 that the Games would cost the State “three, maybe four, five billion euros”.

Moscovici, a former French Finance Minister and the European Union Commissioner, said after the release of the figures that “there is really nothing to argue about”.

Until now, only the separate 4.4 billion-euro Costs of the Local Organizing Committee (COJO), which represented a surplus of 76 million euros, have been made public.

That money came almost exclusively from private financing and from Solideo, the body responsible for delivering Olympic construction projects, which was in part publicly-financed.

A more detailed report will be published in October as the other costs are not yet known.

The audit body added that because of a lack of concrete information the figures did not include “the positive and negative impact the Games had on the economic activity”.

It said, however, that the Games were “indisputably a success with the public and the media”.

Moscovici said the amount of public spending for the Paris Games “seems to be more limited than for London 2012”.

The Paris Olympics are most often compared to the Games in London (UK) given their similar geographical setting.

Another report on the legacy of the Games will be published in 2026.

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