Makati City recorded the highest per capita income among the Philippines’ highly-urbanized cities in 2024, posting P3.889 million, OR nearly 20 times the national average of P197,325, according to a special release from the Philippine Statistics Authority (PSA).
The figure makes Makati, a hub for corporate headquarters with a residential population just over 300,000, the wealthiest among 33 highly-urbanized cities in the country.
Per capita gross domestic product (GDP) is calculated by dividing the GDP of a province or highly-urbanized city by its total population from the 2024 census.
Makati’s P3.889 million per capita GDP led the 115 economies—82 provinces and 33 highly-urbanized cities—whose economic performance was assessed by the PSA.
Thirty-one of these economies posted an annual per capita GDP higher than the national per capita in 2024, according to the PSA.
Following Makati, the top 10 were dominated by cities in the National Capital Region.
Pasay City ranked second with a per capita GDP of P792,368, followed by Mandaluyong with P687,756.
San Juan ranked fourth with P687,469; followed by Pasig with P601,653; Manila with P546,412; Paranaque with P521,065; Taguig with P501,732; and Muntinlupa with P494,566.
Baguio City was the only city outside the National Capital Region to make the top 10, posting P485,433.
