It was predicted prior to the 2002 Cup that the England team's absence[clarification needed] would cost the economy $4.7 billion in lost output, or about 0.3% of their GDP (Gross Domestic Product) were they to win the entire tournament.
[citation needed] The German government reported that tourism revenue over the month of the World Cup was up roughly 400 million dollars.
Many global corporations witnessed the craze in Germany during the World Cup and in recognizing the country's passion for the sport they have begun to sponsor many more German teams than prior to 2006.
[citation needed] The 2006 World Cup had an operating budget (for staging the event, not inclusive of capital infrastructure costs) of €425 million.
Even though it may not have attracted as many foreign visitors as the US and Germany World Cups, it did have an economic benefit due to the location and already emerging economy.
To increase the international trade and foreign direct investment, South Africa must have stability throughout their whole region in their economy and government.
If this is achieved then South Africa could be in the top choices for foreign direct investment and collect the potential benefits of the 2010 FIFA games.
[24] Because FIFA gathers all of its finances through marketing tournaments such as the World Cup, they aim to ensure the event's success, and assist the hosting country accordingly.
[28] FIFA was expected to spend US$2 billion on staging the finals,[29] with its greatest single expense being the US$576 million prize money pot.
The United States was a bidder for the 2018 and 2022 World Cups, although questions were being raised about the US bid and whether its economic impact on the US would in fact be as favorable as promised.