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The world’s most populous nation didn’t win a gold medal in Paris

India came 71st on the 2024 Olympics medal table

William Coulman

After 19 days of non-stop sporting action, the Paris Olympics drew to a close yesterday with a Hollywood-worthy finale as Tom Cruise abseiled into the Stade de France and drove off on a motorcycle with the Olympic flag — setting the stage for Los Angeles in 2028.

Table stakes

Power. Entertainment. Money. The Olympics have long been an extension of the geopolitics of the day, and this year’s competition was no different. The two largest economies in the world, the United States and China, wrestled for top spot of the medal table. Tied on 40 gold medals each — the primary measure used by the International Olympic Committee to rank countries — the US claimed the top spot due to a higher silver medal count, helping it to a total medal haul of 126, the only nation to break the century mark.

Olympics medal table bubbles
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But, one of the most striking macro stories of the games is India’s relative underperformance.

Despite a population of more than 1.4 billion, India won just 6 medals, with no gold medals, placing them 71st in the rankings. A country with phenomenal economic potential, which is increasingly being realized, many experts blame a chronic lack of investment in athletics and sports for the country’s underwhelming performance. Although, understandably, pouring money into elite sports is unlikely to be a vote-winning domestic policy when poverty and malnutrition remain all-too-common issues. Indeed, India’s GDP per capita remains around one-fifth of China’s.

Small but mighty

India’s place on that chart begs another question: which nations outperformed relative to their size?

Data compiled by Medals per Capita compares a country’s total medal count to its population, with 3 Caribbean nations claiming the top spots. Grenada, with its bronze medals in Javelin and Decathlon, achieved an impressive 17.8 medals per million people — remarkable for a nation of just over 110,000.

Olympic medal table, population adjusted
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On this measure, New Zealand’s 20-medal haul translates into an impressive 3.7 medals per million citizens. Neighboring Australia also did well. The US, despite its dominance in total medals, barely made the top 50 with 0.4 medals per million people. India, with just one medal for every 235 million inhabitants, came in last.

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The UAE’s OPEC exit will hit the group in the barrels

After just shy of 60 years in OPEC, its membership even predating its status as a nation-state, the United Arab Emirates yesterday announced its shocking departure from the oil production group, effective May 1, as the knock-on effects of the Iran war continue to play out across the Middle East and the energy landscape.

For context, the UAE produces the third-highest amount of oil in the group, per April data and OPEC’s latest set of annual statistics.

According to the cartel’s 2025 Annual Statistical Bulletin, the OPEC group was collectively exporting some 19 million barrels of crude oil a day last year, with the United Arab Emirates accounting for some 14% of that daily output.

UAExit means UAExit

The nation, whose energy minister told Reuters yesterday that the decision was taken “after a careful look at current and future policies related to level of production” and wasn’t made following discussions with any other country, made up a healthy share of the group’s total confirmed crude oil reserves, as well.

OPEC exports chart
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Of the 12 nations in the core group, which was founded by just five oil superpowers back in September 1960, only two (Iraq and Saudi Arabia) exported more barrels of crude oil daily, pumping out 3.36 million and 6.05 million barrels, respectively, each day to nations around the world.

For its part, the UAE said it will “continue its responsible role by gradually and thoughtfully increasing production, in line with demand and market conditions,” per the official state news agency. Clearly, the nation now wants a little more control of just how much oil it can pump around the world, with the UAE having to eat a large proportion of lost revenues due to its healthy abundance and OPEC restrictions.

According to the cartel’s 2025 Annual Statistical Bulletin, the OPEC group was collectively exporting some 19 million barrels of crude oil a day last year, with the United Arab Emirates accounting for some 14% of that daily output.

UAExit means UAExit

The nation, whose energy minister told Reuters yesterday that the decision was taken “after a careful look at current and future policies related to level of production” and wasn’t made following discussions with any other country, made up a healthy share of the group’s total confirmed crude oil reserves, as well.

OPEC exports chart
Sherwood News

Of the 12 nations in the core group, which was founded by just five oil superpowers back in September 1960, only two (Iraq and Saudi Arabia) exported more barrels of crude oil daily, pumping out 3.36 million and 6.05 million barrels, respectively, each day to nations around the world.

For its part, the UAE said it will “continue its responsible role by gradually and thoughtfully increasing production, in line with demand and market conditions,” per the official state news agency. Clearly, the nation now wants a little more control of just how much oil it can pump around the world, with the UAE having to eat a large proportion of lost revenues due to its healthy abundance and OPEC restrictions.

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