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Friday, July 3, 2020

Stats Gate

These Are the Richest Cities, Municipalities, and Provinces in the Philippines

Palawan, Philipines

With total assets worth US$4.48 billion in 2018, Makati City is still the wealthiest city in the Philippines. The worth of Makati’s assets increased by US$680 million increase from US$3.80 billion in 2017.

Placing a far second is Quezon City, with assets worth $1.69 billion in 2018. Quezon City’s total assets are up by US$370 million compared with its 2017 total of US$1.32 billion.

Among provinces, Cebu remains the richest with $690 million in total assets in 2018, which is $30 million over the 2017 record of $660 million. Behind it in second place is mineral-rich Compostela Valley with $380 million, followed by Batangas with $350 million and Rizal with $348 million.

The top 10 richest cities in the Philippines

  1. Makati City: $4.48 billion
  2. Quezon City: $1.69 billion
  3. Manila: $790 million
  4. Pasig City: $710 million
  5. Cebu City: $660 million
  6. Taguig City: $480 million
  7. Caloocan City: $360 million
  8. Pasay City: $350 million
  9. Davao City: $320 million
  10. Calamba City: $240 million

Top 10 richest provinces in the Philippines

  1. Cebu: $690 million
  2. Compostela Valley: $380 million
  3. Batangas: $350 million
  4. Rizal: $348 million
  5. Bukidnon: $300 million
  6. Negros Occidental: $240 million
  7. Laguna: $220 million
  8. Iloilo: $220 million
  9. Palawan: $220 million
  10. Zambales: $220 million

Top 10 richest municipalities in the Philippines

  1. Cainta, Rizal: $860 million
  2. Mariveles, Bataan: $590 million
  3. Sual, Pangasinan: $540 million
  4. Sto. Tomas, Batangas: $500 million
  5. Binangonan, Rizal: $430 million
  6. Caluya, Antique: $420 million
  7. Tanay, Rizal: $390 million
  8. Carmona, Cavite: $380 million
  9. Silang, Cavite: $370 million
  10. Calaca, Batangas: $360 million

Also read: For those who are planning their next business trip, here are the best hotels for business travelers to stay in Edmonton (Alberta), Gold Coast, Calgary, Wellington, Canberra, and Singapore.

Ryan Miller

Ryan Miller

Global Assignment Editor
Ryan Miller is the Global Assignment Editor at CEOWORLD magazine. He covers anything and everything related to CEOs, CFOs, CIOs, senior management executives, business leaders, and high net worth individuals worldwide, whether lists or lifestyle, business or rankings. During his five-year tenure at CEOWORLD magazine, he has employed his expertise in data science across several roles. Ryan was previously responsible for data modelling and analytics, as well as secondary research, on the CEOWORLD magazine Custom Research team. He can be reached on email ryan-miller@ceoworld.biz. You can follow him on Twitter at @ceoworld.