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Facebook Impact

23 January 2015
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Facebook may have reported sales of just EUR 2.68 million in Spain in 2013 but the company itself claims its social network last year generated some EUR 3.4 billion and created 52,000 jobs.

A new study commissioned by Facebook and conducted by Deloitte reports that the social networking site had a global economic impact of EUR 195 billion and indirectly created 4.5 million jobs in 2014.

Facebook Spain’s director Irene Caro told Expansion that the company’s tax affairs were fully in accordance with existing legislation and that the aim of the study was to demonstrate Facebook’s economic impact and how it drives job creation. “Facebook serves to democratise the ability of small businesses to market their goods and services, helping them to connect with millions of potential customers,” she said.

 

Download the Deloitte Report