2018 Winter Olympics Wrap-Up

Another Olympics has come and gone so it is once again time to take a look at who "won" the Games by several different metrics. Per my previous posts, I continue to use a weighted scoring system to tally up Olympic medals by country. This year I once again tracked not just the medal counts but also economic and demographic metrics for each country - you can see my full spreadsheet here.

Norway was the clear victor in medal scores, winning in every category: golds, silvers, bronzes, total medals, and weighted medal score. The top performers by weighted medal score were:
123 - Norway
107 - Germany
89   - Canada
75   - USA
64   - Netherlands
Norway went from a weighted medal count of 75 in 2010 to 80 in 2014 to explode this year - a true success story! Meanwhile Russia has gone the opposite direction, from 91 (#1) four years ago to 37 (#12) this year. Russia was technically banned from competition this year for doping . . . and yet three Russian athletes competing as individuals were caught for doping at this year's games anyway!

Because Norway is so small, it crushed the competition even (especially!) when normalized by population. The top performers by weighted medal score per million citizens were:
23.43 - Norway
5.60   - Switzerland
5.49   - Sweden
4.59   - Austria
3.77   - Netherlands

These countries are all pretty affluent, though, so how do things change if we normalize instead by GDP? Not much! The top performers by weighted medal score per $B GDP (PPP) were:
0.33 - Norway
0.14 - Liechtenstein
0.10 - Sweden
0.09 - Austria
0.09 - Switzerland

We can mix up the leaderboard a little bit if we normalize by GDP per capita. The top performers by weighted medal score per $1,000 GDP per capita were:
2.12 - Germany
1.84 - Canada
1.71 - Norway
1.51 - China
1.35 - Olympic Athletes from Russia

Many congratulations to Norway, a small country that absolutely crushed much larger and richer countries than itself at this year's Olympics - well done! Keep up the good work and we'll hope to give you more competition in four years!

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