Recently, Facebook closed the WhatsApp acquisition after European Union approved the purchase.
In a notice to the US stock market regulator (Securities and Exchange Commission), Facebook said that the final price of acquiring the app is about $22 billion.
The cost of acquisition went up from the earlier $19 billion due to the rise in Facebook's stock price.
The amount that the social networking site spent for the buyout is much more than the Gross Domestic Product (GDP) of many nations.
Let’s look at 10 well-known nations that have GDP less than the price Facebook paid for the chat messenger.
Please note: This does not imply that these nations can be bought by paying price equivalent to their GDP.
Bhutan
GDP: $1.99 billion
Global rank based on GDP: 161
Population: 742,737
Maldives
GDP: $2.28 billion
Global rank based on GDP: 159
Population: 393,500
Madagascar
GDP: $11.21 billion
Global rank based on GDP: 130
Population: 2.2 crore
Mongolia
GDP: $11.52 billion
Global rank based on GDP: 128
Population: 29.66 lakh
Mauritius
GDP: $11.93 billion
Global rank based on GDP: 127
Population: 12.6 lakh
Zimbabwe
GDP: $12.95 billion
Global rank based on GDP: 123
Population: 1.3 crore
Jamaica
GDP: $14.29 billion
Global rank based on GDP: 119
Population: 28.89 lakh
Iceland
GDP: $14.66 billion
Global rank based on GDP: 118
Population: 325,671
Cambodia
GDP: $15.66 billon
Global rank based on GDP: 113
Population: 1.52 crore
Nepal
GDP: $19.34 billion
Global rank based on GDP: 106
Population: 2.65 crore