There is no doubt that some companies worldwide are gigantic, with annual revenues more significant than we can imagine. But what if we told you that some of these companies’ revenues are actually bigger than entire countries? Companies of the likes of Uber, Facebook, and Twitter make profits that completely overtake the economy, scoring more than the GDP of some countries. Read on to find out which countries’ GDP these companies exceed.
1. Twitter's Revenue Exceeded Equatorial Guinea's GDP
On the 21st of March of 2006, the world saw the first tweet being sent, and since then, Twitter has become one of the biggest and wealthiest companies in the world. The company estimates that about 500 million tweets are sent every day worldwide while being worth approximately $35.01 billion. With that net worth, twitter is currently worth more than Equatorial Guinea, which had its most recent GDP at $12.142 billion, with an expected decrease to $9 billion by the end of 2020. The small country is located on the West African coast and has a population of 1.4 million.
2. Vodafone's Takings Surpassed The GDP Of Gabon
Vodafone is one of the biggest telecommunications providers globally, with some 625 million mobile customers worldwide. Just to put things into perspective, this is almost double the number of the entire US population. As of 2020, Vodafone’s net worth is $38.87 billion, making it richer than Gabon. Gabon is one of Africa’s biggest oil producer, but still, it has a massive discrepancy between its richest and its poorest. A third of the population in Gabon live in poverty, with the country’s GDP being $16.7 billion, though it’s expected to decrease to $13 billion by the end of 2020.
3. Uber Made More Than Mali's GDP
Uber currently operates in 65 countries around the world and is one of the most popular ride-sharing services worldwide. Over the years, it expanded from ride sharing to providing food delivery services and carrier-shipping matching services through Uber Eats and Uber Freight. Its latest net worth was priced at $75.5 billion, which is larger than the whole country of Mali. Mali is located in West Africa, having 19 million citizens in an economy that relies on cotton and gold exports. Most recently, the country’s GDP was valued at $12.50 Billion.
4. McDonald’s Yearly Earnings Are Higher Than Cuba's GDP
Though McDonald’s did have a rough time during the initial stages of the pandemic, it made its comeback soon after, with US sales rapidly bouncing back. Currently, the fast-food chain and empire is worth $155.9 billion, which makes it richer than Cuba. Though Cuba has seen its GDP continuously and slowly rising since the end of the 1990s, it reached an all-high of $100 billion in 2019. While the GDP was high for the country, it is still considerably lower than how much McDonald’s is worth. Due to the pandemic, the GDP is expected to reach $91.20 billion by the end of 2020.
5. Nestlé's Profits Are Higher Than Portugal's GDP
Nestlé is a multinational food and drinks processing corporation with its headquarters located in Switzerland. It is easily one of the biggest food companies in the world. The company is prevalent in 187 nations around the world and employs some 291,000 workers worldwide. Its current worth is valued at $345.97 billion, making it worth more than Portugal. While Portugal has gained increasing prominence as a tourist destination over the years, due to the effects of the current pandemic, it is expected to reach $200.00 billion by the end of 2020.
6. Facebook's Income Is Higher Than Austria's GDP
No doubt that Facebook is one of the biggest corporations in the world, with some financial analysts even claiming that the company could be described as a near-monopoly. The social networking service company was founded in 2004 and is based in California, with some 2.7 billion daily active users. Most recently, Facebook was valued at $743.9 billion, which makes it wealthier than the whole country of Austria. Though Austria’s economy is pretty stable thanks to its sturdy banking system, its GDP is $446.3 billion.