Participation formats:
INTERNATIONAL
ECONOMICS OLYMPIAD
ECONOMICS OLYMPIAD
The IEO is an annual competition that aims to stimulate creative problem-solving skills among high school students with an interest in Economics, Business, and Finance.
about the host
Baku, the capital of Azerbaijan, is a captivating city that beautifully merges modernity with rich cultural heritage. Renowned for its stunning architecture, including the iconic Flame Towers and the historic Old City, Baku provides an inspiring backdrop for young talents. The city boasts a burgeoning tech scene and a vibrant arts culture, making it an ideal hub for innovation and creativity. With its welcoming atmosphere and diverse opportunities for networking and collaboration, Baku encourages participants to connect, compete, and expand their horizons while experiencing the warmth and hospitality of Azerbaijani culture.
Host Country
The Global Olympiad Center (GOC) is excited to host the International Economics Olympiad 2025, reinforcing its commitment to fostering student passion for science and education globally. Established on August 14, 2022, GOC operates under Azerbaijan's educational strategy endorsed by President Ilham Aliyev. Its mission is to enhance students' knowledge and global competitiveness through engaging international competitions. With partnerships in over 40 countries and more than 20 successful olympiads, GOC impacted over 21 thousand students last year alone. GOC focuses on nurturing talents and creating enriching experiences, preparing to welcome young economists from around the world and providing opportunities for future leaders.
Host Organization
One of the top universities in Azerbaijan will host IEO 2025. As a leader in the country's education sector, this higher education institution provides an excellent environment for the event. Equipped with modern facilities and innovative teaching methods that inspire academic excellence, the university will ensure a high-quality experience for all participants.
Examination Venue
IEO participants will stay at the Dedeman Hotel, situated by the Caspian Sea in the city center, and the Midway Hotel near the Fountains Square. The selected accommodation venues are located in the central area of Baku. This prime location ensures that participants have easy access to the competition venues while also providing convenient opportunities for sightseeing and leisure activities. Guests will enjoy comfortable double rooms, ensuring a pleasant stay during the event.
Accommodation
Business Case
Presentation of case solutions in English before the Jury
03
Team
Financial Literacy
A set of 25 multiple-choice questions focused on different aspects of Financial Literacy
02
Individual
Economics
A test of 20 multiple-choice questions and 5 open questions (out of which only 4 are graded, in accordance with the contestant’s choice)
01
Individual
ACADEMICS
Check out our Preparation section to see our suggestions on academic materials and past years’ papers.
October 30, 2024
3-year-agreement application stage
March 1, 2025
format choice (for 3YA partners and early-bird applicants)
May 15, 2025
format choice (for late applicants)
June 30, 2025
team information & media submission
January 31, 2025
Early-bird application stage
April 30, 2025
late stage application deadline stage
DEADLINES for organizations
May 31, 2025
accommodation & transportation payment
for organizations:
Check the requirements
Hold your competition & apply for participation
Choose the participation format and bring the team to the IEO!
Proceed to our Application Guideline to learn more about our application process.
For additional information, check out our National Competitions section and How-To section.
The order is not important: you can apply first and hold the competition later or vice versa.
For contestants:
Check the requirements
Find information
Win your national competition
Up to 5 best students from each country are invited to compete in the IEO.
Check if your country is listed in the Participants section of our website. If it is, contact your national Coordinator for further information. If it is not, reach out to us via the Contact form naming your country. It is possible that we have potential partners in your country which haven’t been officially accepted yet.
You should:
be younger than 20 years old as of June 30th, 2025;
a.
have your high-school graduation date later than December 1st, 2024.
b.
HOW TO PARTICIPATE
PARTICIPANTS
*The list is current and will be updated on February 20th and May 20th. Currently, only long-term partners are included.
Albania
National Competition:
Coordinator:
Selection Tests for the International Economics Olympiad 2025
PhD. Elona Cera
ecera@umt.edu.al
Armenia
National Competition:
Coordinator:
National Economics Team Selection of Armenia by BISA for IEO
Shavarsh Zohrabyan
shavarshzohrabyan.bisa@gmail.com
Azerbaijan
National Competition:
Coordinator:
Azerbaijan National Economics Olympiad (AzMIO)
Eyvaz Gafarov
eyvaz@globalolympiccenter.org
Bangladesh
National Competition:
Coordinator:
Bangladesh Economics Olympiad
Rafid Abrar
mailtorafidabrar@gmail.com
Brazil
National Competition:
Coordinator:
OBECON - Olimpíada Brasileira de Economia
Nicolas Goulart de Moura
nicolasgm.gog@gmail.com
Cambodia
National Competition:
Coordinator:
National Economics Olympiad (Cambodia)
Viktor Ni
viktor.ni@scia.edu.kh
Canada
National Competition:
Coordinator:
Canadian Economics Olympiad
Yuri Khoroshilov
khoroshilov@telfer.uottawa.ca
China
National Competition:
Coordinator:
CNEO
Abby Yan
syan@inghub.org.cn
National Competition:
Olimpiada Colombiana de Economía
Colombia
Coordinator:
Jaime Eduardo García Rodríguez
Jefe.olimpiada.economia@uan.edu.co
National Competition:
National Competition for the selection of candidates for the IEO
Cyprus
Coordinator:
Dr Panayiotis C. Andreou
panayiotis.andreou@cut.ac.cy
National Competition:
National Olympiad in Economics, Finance and Business
Ecuador
Coordinator:
Fernando Alberto Alvarez
fernando.alvarez@foec.edu.ec
National Competition:
Ghana Economics Olympiad
Ghana
Coordinator:
Bernard Annan
ben4ryl@gmail.com
National Competition:
Greece Economics Olympiad
Greece
Coordinator:
Loukas Zachilas
zachilas@uth.gr
National Competition:
Olimpiade Sains Nasional (National Science Olympiad)
Indonesia
Coordinator:
Dwi Wulandari
dwi.wulandari.fe@um.ac.id
National Competition:
IEO Qualifiers India
India
Coordinator:
Sachin Saini
sachin@meccademia.in
National Competition:
Selective Exam of IEO
Iran
Coordinator:
Mostafa Noori
math_home_of_tehran@gmail.com
National Competition:
National High School Economics Quiz Tournament
Japan
Coordinator:
Tatsuro Suzuki
suzuki@apfl.or.jp
National Competition:
National Finance & Economics Olympiad
Kazakhstan
Coordinator:
Gulsara Mukash
m.gulsara@daryn.kz
National Competition:
Kenya Economics Olympiad
Kenya
Coordinator:
Dr. Herine Otieno
herine.otieno@eduhubafric.com
National Competition:
IEO Macau Selection
Macau (China)
Coordinator:
Wong Ping, Benny
benny@knf.org.hk
National Competition:
Malaysian Economics Olympiad
Malaysia
Coordinator:
Muhammad Hadhri
hadhri@ardentedu.com
National Competition:
Olimpiada Mexicana de Economía y Finanzas (OMEF)
Mexico
Coordinator:
Christina Cornejo Van Luit
Prof. Fernando Diego Pérez Cervantes
Prof. Fernando Diego Pérez Cervantes
hristina.cornejo@itam.mx
fernandoperez@itam.mx
fernandoperez@itam.mx
National Competition:
Nepal Economics Olympiad
Nepal
Coordinator:
Arjun Sapkota
arjun@ecolympnepal.org
National Competition:
Macedonian Economics Olympiad MEO
North Macedonia
Coordinator:
Aneta Gacovska Barandovska
agacovska@gmail.com
aneta@pmf.ukim.mk
aneta@pmf.ukim.mk
National Competition:
Pakistan National Economics Competition
Pakistan
Coordinator:
Nishe Waqar Jami
nishewjami@gmail.com
National Competition:
Olimpíadas da Economia
Portugal
Coordinator:
João Pedro São Miguel dos Santos
jps.feuc@gmail.com
National Competition:
TESAT (Test of Economic Sense And Thinking)
Republic of Korea
Coordinator:
Hyungjin Kim
starhawk@hankyung.com
starhawk@naver.com
starhawk@naver.com
National Competition:
Romanian Olympiad for Economics
Romania
Coordinator:
Alexandra Dache
dache.alexandra@gmail.com
National Competition:
All-Russian Olympiad of School Students in Economics
Russia
Coordinator:
Ekaterina Vetrova
ekat.vetrova@gmail.com
National Competition:
Rwanda Economics Olympiad
Rwanda
Coordinator:
Dr. Herine Otieno
herine.otieno@eduhubafric.com
National Competition:
Singapore Economics Olympiad
Singapore
Coordinator:
Tanay Suresh
sures89754@uwcsea.edu.sg
National Competition:
High-school Competition in Economics
Slovenia
Coordinator:
Aleš Toman
ales.toman@ef.uni-lj.si
National Competition:
Olimpiada Española de Economía
Spain
Coordinator:
Arantza Ugidos
arantza.ugidos@ehu.eus
National Competition:
Sri Lanka Economics and Finance Olympiad
Sri Lanka
Coordinator:
Shenal Kottuwewatta
contact@slefo.org
National Competition:
Swiss Economics Olympiad
Switzerland
Coordinator:
Adrien Zaradez
adrien.zaradez@yes.swiss
National Competition:
Taiwanese Economics Olympiad (TEO)
Taiwan
Coordinator:
Joseph Tsai
info@ecolympiad.tw
National Competition:
Turkey Economics Olympiad
Turkiye
Coordinator:
Güngor Erkin Ergüney
erkinerguney@gmail.com
National Competition:
Masterminds
UAE
Coordinator:
Abdallah El Marhoune
Abdallah.Elmarhoune@moe.gov.ae
National Competition:
The Selection Competition for the International Economics Olympiad
Uzbekistan
Coordinator:
Khasanov Aziz Shukhratovich
olimpiadaga@gmail.com
National Competition:
Vietnam Economics Olympiad - VEO
Vietnam
Coordinator:
Thanh Tam Nguyen
tamnt@vnies.edu.vn
National Competition:
Georgian National Economics Olympiad
Georgia
Coordinator:
Johnny Mtsariashvili
j.mtsariashvili@ug.edu.ge
National Competition:
HKEO
Hong Kong
Coordinator:
Philip Kwan
expokwan@gmail.com
National Competition:
Mongolia Economics Olympiad
Mongolia
Coordinator:
Carlos C. Crawford
carlos.c@orchlon.edu.mn
National Competition:
National Economics Olympiad (NEO)
Nigeria
Coordinator:
Adewale Solarin
asolarin2002@yahoo.com
National Competition:
PNG Economics Olympiad
Papua New Guinea
Coordinator:
Viri Heather Watoka
v.watoka@pngparadise.com
National Competition:
Development Economics Conference of the Ateneo (DECA)
Philippines
Coordinator:
Anton Miguel M. De Guzman
anton.deguzman@student.ateneo.edu
National Competition:
YEI International Economics Olympiad Qualifier in the Kingdom of Saudi Arabia
Saudi Arabia
Coordinator:
Dinassyl Smadil
dinassylsmadil@gmail.com
National Competition:
Serbia National Economics Olympiad
Serbia
Coordinator:
Nadja Vesic
nadjavesic07@gmail.com
Milena Misic
milena.misic.drecun@gmail.com
National Competition:
Thailand Economics Olympiad
Thailand
Coordinator:
Korawat Techaphulphol
management@teolympiad.com
July 20
Arrivals
July 21
Opening Ceremony
July 22
Economics Test
Financial Literacy
Cultural Activities
July 23
July 24
Cultural Activities
July 25
Business Case Preparations
July 26
Business Case Presentations
July 27
Moderation
July 28
Closing Ceremony
July 29
Departures
PRELIMINARY SCHEDULE
*final schedule to be released before July 8th
partners
Past ieos
