Olympic Performance vs Economic Performance

The Olympics are now fully underway and we can begin to see some patterns about who is doing well and who is, well, not. This infographic has a lot more to say about who had been doing well up through 2008. That is important because that was the last year before the fiscal/financial crisis brought about the first global recession since World War II. Stay tuned for the post-Olympic piece where I look at medal performance in 2012 compared to GDP per capita. Some interesting stories appear to be happening.

One can clearly see that GDP per capita is (generally speaking) a good variable for estimating Olympic success. So the countries in this graphic are three major economic regions. The G7, BRIC, and the Future-7. The G7 are the world’s richest/most productive countries. BRIC are supposed to become the next G7. And the Future-7 is a Euromonitor International grouping that looks at a group of countries that are expected to become the next BRIC-like group of countries.

It is probably worth noting that despite this being an infographic for work, where I generally am not allowed to write analysis, the written analysis is mostly mine with some key ideas brought to my attention by co-workers.