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Since joining the Summer Olympic games Philippines only won 14 medals, First medalist of Philippines is Teofilo Yldefonso a bronze medal in swimming in the year 1928. Hidilyn Diaz also the first Gold Medal for Philippines in weightlifting. Overall Philippines only had 1 gold, 5 silvers and 8 bronze medal and still searching for the first medal in Paris Olympics 2024
Medalists from the Philippines will received a cash incentive with the following figures below as mandated by Republic Act 10699.
- Gold medal ₱10,000,000
- Silver Medal ₱5,000,000
- Bronze medal ₱2,000,000
Recent post from Megaworld Corporation a fully-furnished condominium units that cost ₱24million located in Mckinley Hill Township, will be rewarded to the gold medalist in Paris Olympics 2024 as announced by MegaWorld president Lourdes T. Gutierrez-Alfonzo, This is to recognize Philippine athlete and celebrate 100th year of participating in the Olympic games.
