Update: As of 23 December, Facebook market cap hit $227.7bn as shares traded at an all-time high
The total value of Facebook’s shares soared above $202.5bn when Nasdaq closed yesterday.
This means that Facebook, if it was a country, would now be the 22nd biggest country in the world.
Each share in the world’s biggest social networking site is now worth $77.89, more than double of what its shares cost in its stock market debut in May 2012.
In January this year, Facebook’s total users passed 1.23 billion monthly active users, 945 million mobile users, and 757 million daily users.
To envisage how big Facebook actually is, take a look at countries with a lesser GDP than Facebook’s market cap.
Facebook’s market cap: $202.5bn
Kazakhstan’s GDP: $200.48bn
Peru’s GDP: $196.96bn
Czech Republic’s GDP: $195.66bn
Ukraine’s GDP: $176.31bn
Qatar’s GDP: $171.48bn
Romania’s GDP: $169.40bn
New Zealand’s GDP: $167.35bn
Latin America and Caribbean’s GDP: $165.84bn
Kuwait’s GDP: $160.91bn
Vietnam’s GDP: $141.67bn
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