The amount of money spent on the G20 summit varies by host country, and the costs can be substantial. Regarding the recent 2023 G20 summit hosted by India:
- The government allocated a budget of ₹990 crore for the G20 presidency.
- As of December 2023, about ₹416.19 crore was officially spent on organizing the summit and presidency activities. This included conferencing, venue charges, website hosting, branding, local transportation, special flights, and other administrative expenses.
- Beyond direct government spending on the summit, it was reported that around ₹4,100 crore was spent on preparing New Delhi for the event, including infrastructure upgrades like roads, security, lighting, and installations around the city.
- In total, these numbers highlight India's substantial investment to host the 2023 G20 summit.
For comparison, other countries have spent the following amounts on hosting their G20 summits:
- Indonesia (2022): approx. ₹364 crore
- Japan (2019): approx. ₹2,660 crore
- Argentina (2018): approx. ₹931 crore
- Germany (2017): approx. ₹642 crore
- China (2016): around ₹1.9 lakh crore (~$24 billion)
- Australia (2014): approx. ₹2,653 crore
- Russia (2013): approx. ₹170 crore
- France (2011): approx. ₹712 crore
South Africa will host the G20 summit in 2025 with an estimated budget of about R700 million (South African Rand), which is roughly comparable to several hundred crore rupees in Indian currency depending on exchange rates. The South African government has allocated around R691 million for the summit, covering leaders' meetings and preparatory activities.
In summary, G20 summit hosting expenses range widely but can easily reach hundreds of crores to several thousand crores in Indian currency, depending on the host country and scope of preparations. India's recent G20 summit involved direct spending around ₹416 crore plus infrastructure and other related costs bringing the total much higher.
