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Paris Olympics, Paralympics cost taxpayers nearly $6.9B: Audit

by Agence France-Presse - AFP

PARIS, France Jun 24, 2025 - 11:53 am GMT+3
Edited By Kelvin Ndunga
Passengers in the back of a taxi film themselves as they depart from the Eiffel Tower, decorated with the Olympic rings ahead of the 2024 Summer Olympics, Paris, France, July 17, 2024. (AP Photo)
Passengers in the back of a taxi film themselves as they depart from the Eiffel Tower, decorated with the Olympic rings ahead of the 2024 Summer Olympics, Paris, France, July 17, 2024. (AP Photo)
by Agence France-Presse - AFP Jun 24, 2025 11:53 am
Edited By Kelvin Ndunga

The 2024 Paris Summer Olympics and Paralympics cost the French government nearly 6 billion euros ($6.9 billion), according to an initial estimate released Monday by the national audit office.

Of that, 2.77 billion euros covered organizing the two major events last summer, including 1.4 billion euros dedicated to security measures.

An additional 3.19 billion euros was spent on infrastructure projects linked to the Games.

More than 35,000 security personnel were deployed, with security costs also covering 315 million euros in bonuses paid to police forces.

The Olympics ran from July 26 to Aug. 11, while the Paralympics took place from Aug. 28 to Sept. 8, with organizers making the most of historic sites in central Paris, either as venues or backdrops 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.

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 they would cost the state “three, maybe 4, 5 billion euros.”

Moscovici, a former French finance minister and European Union commissioner, said after the release of the figures Monday 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, had been made public.

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

A more detailed report will be published in October as 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 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, given their similar geographical setting.

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

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