Current location - Quotes Website - Collection of slogans - Is it true that Qatar earned 10 trillion in the FIFA World Cup in 2022?
Is it true that Qatar earned 10 trillion in the FIFA World Cup in 2022?
Qatar spent $220 billion on hosting the World Cup, which is 1.28 times of its GDP last year.

Some netizens think this is "the basic exercise of local tyrants." After all, Qatar is rich in oil and gas resources in the Persian Gulf, and it is bold enough to directly withdraw from the Organization of Petroleum Exporting Countries; Some people think that this is "more money for fools". After spending so much money on hosting a World Cup, how long will it take to earn it back?

According to the prediction of Qatar Chamber of Commerce and Industry, the direct economic income of Qatar from the World Cup in 2022 will be about $2.2 billion. Nasser Carter, the official organizer of the World Cup, believes that Qatar's related income from hosting the World Cup can reach $654.38+07 billion. Based on this calculation, it will take Qatar 14 to 100 years to break even.

Judging from the direct benefits of the World Cup, netizens' doubts are not unreasonable. Can you calm down and think about it, how can local tyrants spend money indiscriminately? How can a fool earn so much money?

220 billion dollars is not a small sum in any country. From the perspective of national defense, this $220 billion is 20 times the military expenditure of Qatar last year, 6 times that of neighboring Saudi Arabia and 3 times that of India, the third largest military expenditure country in the world.

For Qatar, it is easy to make money by selling oil and gas, and it will not "burn" the military spending in the next 20 years unless Qatar "overdraws" the military spending in the next 20 years in order to make money more easily.

This paper will focus on how the World Cup can promote the economic growth of the host country, and explore why Qatar burned $220 billion for a "gambling game".