Facebook adds estimated $227 billion to global economy

Facebook injected $227 billion into the global economy and created 4.5 million jobs in 2014, not counting its own operations, according to consulting firm Deloitte.

In the US, the company had an estimated economic impact of $100 billion and created more than 1 million jobs. An estimated $148 billion were created through the added marketing that companies can do on Facebook. Developer tools that enable apps to work added another $29 billion, while consumers’ purchase of devices motivated by Facebook made up an additional $50 billion.