The medal counts are inflated in favor of certain countries anyway because some disciplines like swimming have dozens of different medals that you can get, and if you have people that are really good at swimming you can already count on double digit medal counts just from that. Also it helps them a lot that they excluded Russia who have some of the best athletes in the world.
The Olympics has always been a Western centric thing and now it's becoming even more so. Europe is wildly over-represented compared to the global south. So what's even the point of watching what's largely just a Euro-American circlejerk plus a couple of token other countries? It's a miracle that they haven't kicked China out yet so it can just be the Anglo-Europeans plus their little poodles Japan and South Korea.