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Baguio City Has Been Ranked as the Richest City Outside Metro Manila
Baguio City has endless possibilities and opportunities!
By: Niña Caraig | March 22, 2024
Baguio City is the richest city outside Metro Manila, according to PSA.
Image: Writer
Based on the 2022 data from the Philippine Statistics Authority (PSA), Baguio City emerged as the most affluent city outside Metro Manila.
According to PSA’s Provincial Product Accounts report, Baguio City emerged as the top-performing province or highly urbanized city per capita gross domestic product (GDP) for that year. This means that the city's GDP was the highest among all provinces and highly urbanized cities in the country, indicating a healthy and robust economy.
Baguio City’s per capita GDP, which measures the economic output per person, has reached a considerable amount of PhP420,016. This is more than twice the national average of PhP178,751.
Per capita GDP is a statistical measure of the economy's growth per person in a particular area. It is a crucial indicator of a place's wealth or poverty level.
The tabulated data from PSA
Image: PSA website
Cagayan de Oro City comes after Baguio, followed by Lapu-Lapu City, Iloilo City, and the Bataan province. Meanwhile, Cebu City, Laguna, Mandaue City, Davao City, and Batanes are among the 10 wealthiest areas outside Metro Manila. All had per capita GDP above the national average.
The state statistics agency recently released its latest findings, which provide data on 82 provinces and 17 highly urbanized cities across 16 pilot regions throughout the country.
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About Niña Caraig
Niña is the Content Development Manager at Yoorekka. Prior to Yoorekka, she began her career at a publishing company. In her free time, she loves to pamper herself, go shopping, and watching movies with her friends.
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