Which province in the Philippines is the richest?

Wealthiest provinces in the Philippines in 2022, by asset value (in billion Philippine pesos) Characteristic Value of assets in billion Philippine pesos Cebu 235.74 Rizal 35.6 Batangas 32 Davao de Oro 23.11 6 more rows Nov 22, 2023

What are the high income provinces in the Philippines?

2022 Economic Performance of the Provinces in the Philippines Rank Province/HUC 2022 GDP (in Billion PhP) 1 Laguna 990.69 2 Cavite 731.39 3 Batangas 615.81 4 Bulacan 604.71 8 more rows Feb 19, 2024

What is the richest provincial municipality in the Philippines?

Cebu province is the wealthiest with assets of P235. 7 billion, while Carmona (which became a city in July 2023) in Cavite was the richest municipality in 2022 with assets of P6. 5 billion. Makati City is the second richest city with assets of P239.

What are the 10 richest province in the Philippines?

TOP 10 WEALTHIEST PROVINCES IN THE PHILIPPINES 1.Cebu: P208,271,460,000. Batangas: P21,856,260,000. Rizal: 20,979,600,000. Davao De Oro: P18,750,900,000. Bukidnon: P16,732,620,000. Surigao Del Norte: P13,195,740,000. Isabela: P12,518,770,000. Cavite: P12,425,720,000. More items... Jan 24, 2022

What is the No 1 rich city in Philippines?

In the 2022 Commission on Audit (COA) Annual Financial Report, Quezon City was named as the richest city in the country with a total of P443. 406 billion in assets.

What are the poorest provinces in the Philippines?

The following had the highest poverty incidence in the country: Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), 44.8 percent poverty incidence; Zamboanga Peninsula, 38.2 percent; Eastern Visayas, 33.7 percent; Bicol Region, 32.9 percent; and Northern Mindanao, 32.8 percent.

What is the richest barangay in the Philippines?

Barangay Bel-Air is an affluent enclave and the richest barangay in the Philippines located in the heart of Makati Central Business District, established in the early 1950s. It has a total land area of 1.7121 square kilometers (0.6610 sq mi), the third largest among the posh villages in Makati City.

What is the poorest state in the Philippines?

As of 2022, the Bangsamoro Autonomous Region in Muslim Mindanao has the highest incidence of poverty in the country at 37.2% while Metro Manila has the lowest at 3.5%. Children in the Philippines are particularly vulnerable to the effects of poverty and suffer high rates of mortality for those below 5 years old.

Where do billionaires live in Philippines?

Forbes Park, a gated village community with luxury homes averaging to ₱800M to ₱3B (US$ 14.4M – US$ 54.4B). Located in the borders of Makati and BGC, Taguig, Forbes Park is estimated to have a combined wealth of more than $2 Trillion which is where top class businessmen, expats, actors, diplomats, ambassadors live.

Where do wealthy people live in the Philippines?

QUEZON CITY . QUEZON CITY HALL. MANILA, Philippines – For the third straight year, Quezon City emerged as the wealthiest city in the country, according to the 2022 Commission on Audit (COA) Annual Financial Report.

What is the cleanest city in the Philippines?

CALAMBA CITY, Laguna (PIA) -- The city of Calamba in Laguna was recognized as the least polluted city in the Philippines and the sixth cleanest city in the entire Southeast Asian region, in terms of air quality based on the 2023 IQAir World Air Quality Report.

Which province has the best economy?

Economy British Columbia tops the provinces with an excellent overall A performance that ranks second only to Ireland. Ontario has worked its way up into second place among the provinces with strong growth over the past three years—the province ranks 6th among the 26 jurisdictions and gets a C grade. More items...

What is the most peaceful municipality in the Philippines?

Davao is considered one of the safest and most enjoyable places to visit in the Philippines. According to the crime index, which is a range of zero to 100 with 100 being the worst, Davao lands at just below 28.

Is Pampanga a rich province?

Pampanga, one of the richest provinces in the Philippines , was re-organized as a province by the Spaniards on December 11, 1571.

Philippines: richest province by assets | Statista (2024)

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Published by Statista Research Department, Jan 31, 2023

Cebu headed the ranking of the wealthiest provinces in the Philippines with assets worth approximately 213.01 billion Philippine pesos in 2020. The province of Cebu is also the largest in terms of population and most developed location in the Philippines.