Facebook Advertisement Bid so high?

I was making add to be displayed for my website on facebook, and i was surprised to know that, suggested bid for ads in pakistan was .16 to .25 USD,

means 13PKr to 21 PKr, for CPC, means if someone click your add you will lost 13PKR straight, isnt it tooooooooooo expensive?

and if it is, then how the hell i can see lots of facebook advertisement of pakistani products?

I mean right bar of my facebook profile shows lots of pakistani products add, are people spending that much on one click? amazing,:S