Facebook's economic impact in Europe in 2011

Facebook's economic impact in Europe in 2011, measured in terms of gross value added (in billion euros)

Facebook's economic impact in Europe in 2011 This statistic shows Facebook's European (EU-27) economic impact in 2011, measured in terms of gross value added. According to the source, both narrow effects and broad effects were factored into the value calculation. Broad effects include tech sales, platform effects and business participation; narrow effects include direct effects such as taxes or employee wages as well as indirect and induced effects. The website's broad and narrow effects created a total economic impact of 15.3 billion euros in Europe.
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Facebook's economic impact in Europe in 2011, measured in terms of gross value added (in billion euros)

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Gross value added in billion euros
Facebook total EU-27 impact15.3
Business participation7.3
Tech sales5.5
Platform effects2.2
Narrow impacts0.2
Gross value added in billion euros
Facebook total EU-27 impact15.3
Business participation7.3
Tech sales5.5
Platform effects2.2
Narrow impacts0.2
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This statistic shows Facebook's European (EU-27) economic impact in 2011, measured in terms of gross value added. According to the source, both narrow effects and broad effects were factored into the value calculation. Broad effects include tech sales, platform effects and business participation; narrow effects include direct effects such as taxes or employee wages as well as indirect and induced effects. The website's broad and narrow effects created a total economic impact of 15.3 billion euros in Europe.
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Release date
January 2012
Region
EU
Survey time period
November 2011
Supplementary notes
The source does not provide information regarding the difference between total and details.
Deloitte disclaimer: "The information contained in the report has been obtained from Facebook Inc and third party sources that are clearly referenced in the appropriate sections of the report. Deloitte has neither sought to corroborate this information nor to review its overall reasonableness."
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