100+ Must-Know Facebook Statistics for Marketers in 2024

Is Facebook still relevant? "Facebook is for the elderly." "Why use Facebook when TikTok exists?" "Fa

Is Facebook still relevant? “Facebook is for the elderly.” “Why use Facebook when TikTok exists?” “Facebook is dying; there’s no point in being on it.” These are common queries and remarks we encounter daily regarding Facebook. However, the reality is that this original social media platform is more robust than ever, and it’s not just “old people” utilizing it. Disagree? Explore these Facebook statistics that highlight its effectiveness as a platform for marketing to your target audience and maximizing your social media ROI.

Social media is continuously evolving, and so are the best strategies for standing out on each platform. Stay informed with the latest trends in social media marketing and digital marketing through WebFX’s Marketing Manager Insights + Revenue Weekly, where expert tips and marketing news are delivered straight to your inbox monthly.

Let’s begin with the fundamentals: How many users are active on Facebook? What is the revenue generated by Facebook and the Meta Family? Discover the following general Facebook statistics to find out:

$134 billion in annual revenue was generated by Facebook in 2023

$39 billion in net income was generated by Facebook in 2023

Over 3 billion people are active on Facebook each month

Over 2 billion people are active on Facebook every day

100+ Must-Know Facebook Statistics for Marketers in 2024

$1 billion is how much Facebook acquired Instagram for in 2012

979 million people use Facebook Messenger each month

191 million Facebook users reside in the U.S.

72% of U.S. adults do not trust Facebook with their private data

20% of U.S. adults have a very favorable opinion of Facebook

19% of U.S. adults have a very unfavorable opinion of Facebook

You’re here because you’re a business looking to enhance your social media strategy with Facebook. It’s a great choice! Learn how other brands and businesses like yours perceive Facebook marketing through these Facebook marketing statistics for businesses:

91% of organizations have a presence on Facebook

89% of global marketers use Facebook

62% of brands are confident in Facebook’s ability to deliver a positive ROI

53% of global marketers plan to increase their use of Facebook for marketing purposes in the future

38% of brands are not confident in Facebook’s ability to deliver a positive ROI

29% of global marketers say Facebook offers the highest ROI of all social platforms

22% of global businesses to business (B2B) marketers say Facebook offers the highest ROI of all social platforms

5 times is how often brands typically post each week on Facebook

For gaining visibility on Facebook, paid advertising is an effective option. Facebook ads can significantly enhance your business’s presence on the platform, as these Facebook advertising statistics confirm:

$170 billion is Facebook’s expected ad revenue for 2024

$152 billion was Facebook’s ad revenue in 2023

Over $2 billion of ad spend was incurred by Facebook in 2023

Over 10 million advertisers actively utilize Facebook’s ad services and tools

77% of marketers retarget Facebook and Instagram ads to increase their reach and grow their brand

74% of Facebook In-Stream non-skippable video ad views are completed, globally

100+ Must-Know Facebook Statistics for Marketers in 2024

screenshot of a facebook video ad for the brand brixley bags

68% is how much advertisers can lower their cost per purchase when they keep their overall spending in an ad’s learning phase under 20%

31% is how much Facebook ad impressions increased in 2023

6% is how much Facebook’s average price per ad dropped in 2023

3% higher conversions per dollar are possible when vertical video ads contain speech or voiceovers

1.4% is the average click-through rate of Facebook ads

As previously mentioned, Facebook isn’t just for the elderly — see for yourself with these Facebook user demographics statistics that show who is active on the social media site each month:

76% of U.S. adult women use Facebook

75% of U.S. adults aged 30-49 years old use Facebook

74% of all U.S. adults use Facebook

69% of U.S. adults aged 50-64 years old use Facebook

67% of U.S. adults under 30 years old use Facebook

59% of U.S. adult men use Facebook

58% of U.S. adults over 65 years old use Facebook

57% of Facebook users identify as male

43% of Facebook users identify as female

33% of all U.S. teens use Facebook

18% of Facebook’s global audience are men between the ages of 25-34

We’ve mentioned that 191 million Facebook users are in the U.S., but what about other countries? Discover which other countries are highly active on Facebook with these global audience penetration stats:

367 million Facebook users reside in India

117 million Facebook users reside in Indonesia

111 million Facebook users reside in Brazil

90 million Facebook users reside in Mexico

87 million Facebook users reside in the Philippines

Whether you use it to stay connected with friends or to build an engaged audience for your business, everyone has their reasons for using Facebook. Compare yourself to the billions of other users with these Facebook usage statistics:

78% of social media users in the U.S. use Facebook regularly

100+ Must-Know Facebook Statistics for Marketers in 2024

72% of people use Facebook to message friends and family

67% of U.S. teens say they never use Facebook

65% is Facebook’s U.S. mobile usage reach

63% of people use Facebook to post or share photos and videos

58% of people use Facebook to stay up-to-date with news and current events

55% of people use Facebook to look for funny or entertaining content

54% of people use Facebook to follow and research brands and products

43% of U.S. users say they regularly turn to Facebook to get their news

22% of U.S. users who regularly get their news from Facebook are under 30 years old

8% of U.S. teens say they use Facebook once a day

3% of U.S. teens say they use Facebook constantly

As mentioned earlier, Facebook isn’t just a video-focused app like YouTube, yet users still spend a considerable amount of time consuming video content. Learn just how much time with the following Facebook video stats:

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