An Interpretable, Year-Grouped Machine-Learning Framework for Forecasting Olympic Medal Counts with Uncertainty Quantification: Evidence from 1960–2024 and Projections for LA 2028
Abstract
Olympic medal totals are highly right-skewed and concentrated among a small group of top-performing nations, which complicates stable cross-country forecasting and interpretation. Using an unbalanced country-by-edition panel for the 1960 to 2024 Summer Games, we build a reproducible pipeline to predict national total medals and to examine plausible drivers. The target is log-transformed during training and then converted back to the medal scale with a non-negativity constraint. Predictors include host-country status, pre-Games macroeconomic conditions (gross domestic product, population, and gross domestic product per capita), performance inertia from the previous Olympic edition, and participation-related proxies such as athlete counts and coverage of sports and events when available. Random Forest and histogram-based gradient boosting models are evaluated using cross-validation that groups observations by Olympic year to better reflect next-edition forecasting and to limit within-year information leakage. For the Los Angeles 2028 Games, we construct features from the 2024 baseline and extrapolate macroeconomic inputs to the pre-Games year using country-specific compound growth rates. Uncertainty is quantified with bootstrap prediction intervals. Results indicate that the United States and China remain the leading medal producers, while interval overlap suggests that rankings among mid-tier nations are sensitive to uncertainty. Feature attribution highlights participation intensity and opportunity breadth as consistent positive contributors, whereas host status shows a smaller marginal role after controlling for observable factors. An event-study difference-in-differences specification yields imprecise host-effect estimates, underscoring the need for cautious causal interpretation.
Fields of Study & Subjects
Sports Analytics and Performance
Forecasting Techniques and Applications
Physical Education and Sports Studies
Publication details
- Journal / source
- Insights of Economics System
- Volume
- 2
- Issue
- 1
- Pages
- 1–25
- Publication date
- 29 January 2026