Participation formats:
INTERNATIONAL
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 Golden Coast Baku Hotel. 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
Albania
National Competition:
Coordinator:
Selection Tests for the International Economics Olympiad 2025
PhD. Elona Cera
Armenia
National Competition:
Coordinator:
National Economics Team Selection of Armenia by BISA for IEO
Shavarsh Zohrabyan
Azerbaijan
National Competition:
Coordinator:
Azerbaijan National Economics Olympiad (AzMIO)
Eyvaz Gafarov
Bangladesh
National Competition:
Coordinator:
Bangladesh Economics Olympiad
Rafid Abrar
Brazil
National Competition:
Coordinator:
OBECON - Olimpíada Brasileira de Economia
Nicolas Goulart de Moura
Cambodia
National Competition:
Coordinator:
National Economics Olympiad (Cambodia)
Viktor Ni
Canada
National Competition:
Coordinator:
Canadian Economics Olympiad
Yuri Khoroshilov
China
National Competition:
Coordinator:
CNEO
Abby Yan
National Competition:
Olimpiada Colombiana de Economía
Colombia
Coordinator:
Jaime Eduardo García Rodríguez
National Competition:
National Competition for the selection of candidates for the IEO
Cyprus
Coordinator:
Dr Panayiotis C. Andreou
National Competition:
National Olympiad in Economics, Finance and Business
Ecuador
Coordinator:
Fernando Alberto Alvarez
National Competition:
Ghana Economics Olympiad
Ghana
Coordinator:
Bernard Annan
National Competition:
Greece Economics Olympiad
Greece
Coordinator:
Loukas Zachilas
National Competition:
Olimpiade Sains Nasional (National Science Olympiad)
Indonesia
Coordinator:
Dwi Wulandari
National Competition:
IEO Qualifiers India
India
Coordinator:
Sachin Saini
National Competition:
National High School Economics Quiz Tournament
Japan
Coordinator:
Tatsuro Suzuki
National Competition:
National Finance & Economics Olympiad
Kazakhstan
Coordinator:
Zere Zharlagapova
National Competition:
Kenya Economics Olympiad
Kenya
Coordinator:
Dr. Herine Otieno
National Competition:
IEO Macau Selection
Macau (China)
Coordinator:
Wong Ping, Benny
National Competition:
Malaysian Economics Olympiad
Malaysia
Coordinator:
Muhammad Hadhri
National Competition:
Olimpiada Mexicana de Economía y Finanzas (OMEF)
Mexico
Coordinator:
Christina Cornejo Van Luit
Prof. Fernando Diego Pérez Cervantes
National Competition:
Nepal Economics Olympiad
Nepal
Coordinator:
Arjun Sapkota
National Competition:
Macedonian Economics Olympiad MEO
North Macedonia
Coordinator:
Aneta Gacovska Barandovska
National Competition:
Pakistan National Economics Competition
Pakistan
Coordinator:
Nishe Waqar Jami
National Competition:
Olimpíadas da Economia
Portugal
Coordinator:
João Pedro São Miguel dos Santos
National Competition:
TESAT (Test of Economic Sense And Thinking)
Republic of Korea
Coordinator:
Hyungjin Kim
National Competition:
Romanian Olympiad for Economics
Romania
Coordinator:
Alexandra Dache
National Competition:
All-Russian Olympiad of School Students in Economics
Russia
Coordinator:
Ekaterina Vetrova
National Competition:
Rwanda Economics Olympiad
Rwanda
Coordinator:
Dr. Herine Otieno
National Competition:
Singapore Economics Olympiad
Singapore
Coordinator:
Tanay Suresh
National Competition:
High-school Competition in Economics
Slovenia
Coordinator:
Aleš Toman
National Competition:
Olimpiada Española de Economía
Spain
Coordinator:
Arantza Ugidos
National Competition:
Sri Lanka Economics and Finance Olympiad
Sri Lanka
Coordinator:
Shenal Kottuwewatta
National Competition:
Swiss Economics Olympiad
Switzerland
Coordinator:
Adrien Zaradez
National Competition:
Taiwanese Economics Olympiad (TEO)
Chinese Taipei
Coordinator:
Joseph Tsai
National Competition:
Turkey Economics Olympiad
Turkiye
Coordinator:
Khayal Ibrahimzada
National Competition:
Masterminds
UAE
Coordinator:
Diljith Muraly
National Competition:
The Selection Competition for the International Economics Olympiad
Uzbekistan
Coordinator:
Khasanov Aziz Shukhratovich
National Competition:
Vietnam Economics Olympiad - VEO
Vietnam
Coordinator:
Thanh Tam Nguyen
National Competition:
Georgian National Economics Olympiad
Georgia
Coordinator:
Johnny Mtsariashvili
National Competition:
HKEO
Hong Kong (China)
Coordinator:
Philip Kwan
National Competition:
Mongolia Economics Olympiad
Mongolia
Coordinator:
Carlos C. Crawford
National Competition:
National Economics Olympiad (NEO)
Nigeria
Coordinator:
Adewale Solarin
National Competition:
PNG Economics Olympiad
Papua New Guinea
Coordinator:
Viri Heather Watoka
National Competition:
Development Economics Conference of the Ateneo (DECA)
Philippines
Coordinator:
Rhys Ambros
National Competition:
YEI International Economics Olympiad Qualifier in the Kingdom of Saudi Arabia
Saudi Arabia
Coordinator:
Dinassyl Smadil
National Competition:
Serbia National Economics Olympiad
Serbia
Coordinator:
Nadja Vesic
Milena Misic
National Competition:
Thailand Economics Olympiad
Thailand
Coordinator:
Korawat Techaphulphol
National Competition:
“Financial Literacy” competition + Team Bulgaria Final Selection
Bulgaria
Coordinator:
Yordan Zdravkov Tsanev
National Competition:
Croatian Economics Olympiad
Croatia
Coordinator:
Nikola Jelovečki
National Competition:
Olympiad of Economics, Management, and Governance
Iran
Coordinator:
Amineh Mahmoudzadeh
National Competition:
Peruvian Economics Olympiad (PEO)
Peru
Coordinator:
Valentina Ursino
National Competition:
The Great British Economics Olympiad
United Kingdom
Coordinator:
David Hodges
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
IEO 2025 Host:
IEO Central Office:
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