Philippines: wealthiest cities by asset value | Statista (2024)

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Philippines: wealthiest cities by asset value | Statista (1)

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    Published by Statista Research Department, Jan 31, 2022

    In 2020, Quezon was the wealthiest city in the Philippines with approximately 452.33 billion Philippine pesos worth of asset value. Following by a large margin was Makati City with assets of about 238.47 billion Philippine pesos.

    Wealthiest cities in the Philippines in 2020, by asset value (in billion Philippine pesos)

    CharacteristicValue of assets in billion Philippine pesos
    --
    --
    --
    --
    --
    --
    --
    --
    --
    --

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    Release date

    December 2021

    More information

    Region

    Philippines

    Survey time period

    2020

    Supplementary notes

    One Philippine peso is equal to 0.02 U.S. dollars and 0.017 euros as of January 2022.
    Figures have been rounded.

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    Philippines: wealthiest cities by asset value  | Statista (2024)

    FAQs

    What is the top 20 richest city in the Philippines? ›

    It is without a doubt the richest city in the Philippines.
    • 1) Makati. There are many apartments, houses, and rooms for rent if you want to reside here. ...
    • 2) Quezon. ...
    • 3) Pasig. ...
    • 4) Manila. ...
    • 5) Zamboanga. ...
    • 6) Cebu. ...
    • 7) Caloocan. ...
    • 8) Marikina.
    More items...
    Oct 11, 2022

    Tell Me More
    Where do most of the Rich Live in Philippines? ›

    Makati City is the financial hub of the Philippines. Naturally, it is the richest city in the Philippines with a net worth of Php34. 461 billion.

    Learn More
    What is the richest region in Philippines? ›

    As for the whole country, Davao de Oro ranked 4th among the richest provinces since 2019, while Cebu retained its title as the richest Philippine province in 2021 with PhP 215.27 billion worth of assets.

    Show Me More
    What is the 5th richest city in the Philippines? ›

    Wealthiest cities (amount in billions)

    From 2020, the top four cities – Quezon City, Makati, Manila, and Pasig – retained their places in the rankings. But Taguig surpassed Cebu City and Mandaue to capture the fifth spot.

    See Details
    What is the most successful city in the Philippines? ›

    Makati City

    Makati is the country's financial hub, so you can expect to be offered endless business opportunities in this city. Living in Makati also ensures a dynamic urban lifestyle.

    Get More Info
    What is the most richest city in the Philippines as of 2022? ›

    QUEZON City was the country's richest city in 2021, with P451. 007 billion in total assets, based on a financial report by the Commission on Audit. Makati was the second richest city with P238. 56 billion and Manila the third with P65.

    Know More
    What is the safest city in Philippines? ›

    Baguio City

    Baguio's crime index is 37.17, making it one of the cities in the Philippines with low crime rates. Living in Baguio is ideal because of its safety and what it has to offer. The Philippines is a tropical country. Since Baguio is at the top of the mountains, the city is known for its cool climate.

    Find Out More
    Where do most celebrities live in the Philippines? ›

    This is because this opulent neighborhood in Muntinlupa City is home to a plethora of celebrities. It's no wonder that Ayala Alabang Village is home to so many celebrities: Ayala Property Inc., one of the Philippines' largest real estate companies, controls approximately 200 hectares of property.

    Keep Reading
    What is the safest region in Philippines? ›

    Here are some of the safest cities in the Philippines according to the 2022 Numbeo Safety Index.
    • Davao. In 2022, Davao is currently holding third place as Southeast Asia's safest city. ...
    • Baguio. ...
    • Makati. ...
    • Iloilo. ...
    • Cebu. ...
    • Should you Believe this Safety Index? ...
    • The Best Place to Live in the Philippines.
    Feb 26, 2022

    Learn More Now
    What is the number 1 city in the Philippines? ›

    Template:Largest cities of the Philippines
    v t e Largest cities in the Philippines 2020 Philippine census of population and housing
    Rank
    Quezon City Manila1Davao City Caloocan
    2
    3
    7 more rows

    Find Out More

    What are the top 10 richest cities? ›

    Top 10 wealthiest cities in the world in 2022
    • ​New York. As per the Henley Global Citizens Report for Q3 of 2022, New York is at No. ...
    • ​Tokyo. 304,900 millionaires. ...
    • ​San Francisco Bay area. 276,400 millionaires. ...
    • ​London. 272,400 millionaires. ...
    • ​Singapore. 249,800 millionaires. ...
    • Los Angeles. 192,400 millionaires. ...
    • ​Chicago. ...
    • ​Houston.
    More items...
    Sep 15, 2022

    See More
    What percentage of Filipinos are rich? ›

    In terms of wealth distribution, only 0.1 percent of the Philippines' adult population have fortunes amounting to over $1 million. On the other hand, 86.6 percent of Filipino adults has wealth worth below $10,000.

    Read More
    Where do most American expats live in the Philippines? ›

    Most expats in the Philippines live in the Metro Manila area, particularly in Makati City – home to many international corporations and the heart of the country's diplomatic community.

    Learn More Now
    Where do Philippines live most in USA? ›

    Greater Los Angeles is the metropolitan area home to the most Filipino Americans, with the population numbering around 606,657; Los Angeles County alone accounts for over 374,285 Filipinos, the most of any single county in the U.S.

    Read The Full Story
    Where in Philippines is it best to retire? ›

    Dumaguete won a similar award in 2019, as the Department of Tourism and the Philippine Retirement Authority awarded the city as the best place to retire in the Philippines. Why is Dumaguete attracting all this attention? Forbes specifically noted the city's cost of living, beaches, and healthcare.

    See More
    Is there a city in the Philippines that can be considered as a global city? ›

    Bonifacio Global City (also known as BGC, Global City, or The Fort) is a financial and lifestyle district in Taguig, Metro Manila, Philippines. It is located 11 km (6.8 mi) southeast of the city of Manila.
    ...
    Bonifacio Global City
    Websitewww.bgc.com.ph
    16 more rows

    Explore More
    What is the cleanest city in the Philippines? ›

    Puerto Princesa City

    The city of Puerto Princesa is known to be the 'cleanest and greenest city' throughout the archipelago ever since it was officially declared as one in the year of 1994.

    Learn More Now
    What city has the most businesses in the Philippines? ›

    Makati Central Business District (Makati CBD) is also called the “Central Cluster.” It houses most of the country's leading firms and Asia's most popular commercial areas.

    Get More Info Here
    What is the poorest province in the Philippines 2022? ›

    Conversely, poverty in the Bangsamoro Autonomous Region of Muslim Mindanao-the poorest region in the country-decreased from 61.2 percent to 37.2 percent. This resulted to a significant drop of the income-based Gini index from 42.3 to 40.7.

    Get More Info Here
    What is the richest part of Manila? ›

    Forbes Park (Makati)

    Often referred to as the “Beverly Hills of Manila. Inside you can find landscaped gardens and luxurious mansions next to the country's wealthiest from celebrities, businessmen, expats, and more.

    Get More Info

    What is the richest city in the world? ›

    #1: New York

    New York is the wealthiest city in the world⁠—home to 345,600 millionaires with a total private wealth that exceeds $3 trillion. New York is home to many Fortune 500 companies and is the financial heart of the United States, with the New York Stock Exchange and NASDAQ located in the Big Apple.

    Read More
    What is the lowest crime rate city in the Philippines? ›

    The safest cities to live in the Philippines are Davao City and Cebu. It is hard to find any other cities that are as safe and peaceful as these two. Davao City is also known as "the safest city in Asia." This is because it has an excellent police force and a high police-to-population ratio.

    Get More Info Here
    Where is the safest place to build a house in the Philippines? ›

    Davao is considered one of the cleanest, safest, and most livable cities throughout Asia. So if you're looking for an affordable house and lot in Davao, Bria Homes is there for you!

    Read More
    What is the best area to live in the Philippines? ›

    Top 10 Safest Cities To Live in the Philippines
    • MAKATI CITY. ...
    • CEBU CITY. ...
    • BACOLOD. ...
    • ILOILO CITY. ...
    • DUMAGUETE. ...
    • SANTA ROSA, LAGUNA. ...
    • TAGAYTAY CITY. Because of its beautiful scenery, Tagaytay is one of the most popular destinations in the south. ...
    • VALENZUELA CITY. Valenzuela City is a manufacturing center.
    More items...

    Tell Me More
    Where is the best place to live in the Philippines for a foreigner? ›

    Davao City

    It is the safest city to live in the Philippines due to its low crime rate. CNN has listed the King City of the South as one of Asia's most livable cities. Many expats are in Davao because of the excellent business climate and a wide array of tourist sites like Mt. Apo and Samal Island.

    See Details
    Who has the best house in the Philippines? ›

    Top 10 Best Celebrity Homes in the Philippines
    • Iza Calzado's Luxuriously Eclectic Condo in Makati. ...
    • The Kramer's Spacious Family Mansion. ...
    • Derek Ramsay's Glass Mansion in Palawan. ...
    • Sharon Cuneta's Elegant Family Mansion in Mandaluyong. ...
    • Enrique Gil's Modern Beach House in Batangas. ...
    • Kim Chiu's Glamorously-Chic Home in Quezon City.
    More items...

    Learn More Now
    Where do middle class live in the Philippines? ›

    The majority of them reside in Metro Manila followed by the Calabarzon region and Central Luzon, while a little more than half are spread across other regions.

    View More
    What is the poorest region in Philippines? ›

    In 2021, household spending increased fastest in Caraga** (at 10.6%), Eastern Visayas (10.2 %), Cagayan Valley (9.0 %) and the Cordillera Administrative Region (CAR; 8%). These have been the regions with the highest poverty incidences in the past.

    Get More Info
    Can Americans own a home in the Philippines? ›

    Foreigners are prohibited from owning land in the Philippines, but can legally own a residence. The Philippine Condominium Act allows foreigners to own condo units, as long as 60% of the building is owned by Filipinos. If you want to buy a house, consider a long-term lease agreement with a Filipino landowner.

    Show Me More
    Can Americans move to the Philippines? ›

    If you wish to settle in The Philippines and you are at least 35 years old, you may apply for a Special Resident Retiree's Visa (SRRV). The SRRV is granted by the Philippines Retirement Authority (PRA), and you may reside indefinitely in the Philippines with free entry and exit.

    View Details

    Where do millionaires live in Manila? ›

    Forbes Park is often referred to as the “Beverly Hills of Manila,” given how it is the chosen residence of some of the country's wealthiest.

    View Details
    Which 5 cities have the most billionaires? ›

    Millionaires and Billionaires in the Wealthiest Cities
    RankCityBillionaires
    #1New York59
    #2Tokyo12
    #3San Francisco62
    #4London38
    17 more rows
    Jan 4, 2023

    Get More Info
    Which city is known as city of billionaires? ›

    Forbes
    CityCountryRegion
    ShanghaiChinaAsia
    MumbaiIndiaAsia
    ShenzhenChinaAsia
    MoscowRussiaEurope
    6 more rows

    Learn More Now
    What city do the most millionaires live in? ›

    These are the world's top 10 cities with the highest number of...
    • New York. The financial capital of the USA, New York, tops the list with 345,600 millionaires. ...
    • Tokyo. ...
    • San Francisco Bay Area. ...
    • London. ...
    • Singapore. ...
    • Los Angeles. ...
    • Chicago. ...
    • Houston.
    More items...
    Sep 20, 2022

    Get More Info Here
    Where do most American live in Philippines? ›

    Most US expats start off living in Manila. As the capital, it has the most western amenities and makes acclimating to life in the Philippines easier for Americans. But Americanized shopping malls, high-rise condominiums, and fast food options are not why Americans move to the Philippines.

    Learn More
    Where do rich people hang out Philippines? ›

    • Society.
    • Manila Yacht Club.
    • Wack Wack.
    • Manila Polo Club.
    • Social Clubs.
    • Old Manila.
    Jan 10, 2018

    Read On
    Where do Americans live in Manila? ›

    Makati City, the modern business center, along with Bonifacio Global City (BGC), are the two most popular areas for expats living in Manila.

    Find Out More
    Which country is richest in Asia? ›

    There are many rich countries located in the continent, especially the middle-east where there is abundance of oil and natural gas reserves. By far, Singapore is the richest Asian country in 2022, followed by Qatar, a middle-east oil genie and Israel at second and third ranking.

    Continue Reading
    Where is the richest spot on Earth? ›

    New York is the financial centre of the USA and the wealthiest city in the world by several measures. Perhaps most notably, total private wealth held by the city's residents exceeds US$3 trillion – higher than the total private wealth held in most major G20 countries.”

    Get More Info
    Which is the richest capital of the world? ›

    The study measured the most millionaires per city worldwide, and it turns out that New York City tops the list at number one. According to Henley & Partners, NYC is home to 345,600 millionaires, including 737 centi-millionaires (with wealth of USD 100 million or more) and 59 billionaires.

    Keep Reading
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