While there are many factors that contribute to a countries success in the Olympics (population, proximity host country, culture), [[Gross Domestic Product]] may be a fair proxy. Below is how the Olympic medals would be awarded if each country earned medals in proportion to their GDP.
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There are many factors that contribute to a countries success in the Olympics (population, proximity host country, culture) and [[Gross Domestic Product]] cannot be used as a fair proxy, due to low-GDP China comfortably coming first in the 2008 Olympics and Russia ranking third. Below is how the Olympic medals would be awarded if each country earned medals in proportion to their GDP, which vastly overestimates the United States' performance.