Facebook is worth €15.3 Billion to the European Economy - by Tim Worstall

The UK economy might be down in the dumps, but there is a ray of sunshine from an unlikely source: Mark Zuckerberg‘s Facebook has supposedly helped to contribute £2.2bn to the country’s GDP in 2011. Facebook added that – with a lot of help from the rise of mobile applications – it has “supported” 232,000 jobs in recent years across the European Union.

It further claimed, courtesy of numbers crunched by a Deloitte research team on behalf of the the social network, that Zuck’s outfit had contributed €15.3bn, or £12.7bn, to the EU’s economy.

For more: Facebook is worth €15.3 Billion to the European Economy - Forbes