2025 Report: Top 10 Richest Cities in the Philippines by LGU Assets

n this video, we present the Top 10 Richest Cities in the Philippines 2025, based on the latest Local Government Unit (LGU) asset and net-asset data as reported in COA audits and media analyses.

The ranking is led by Quezon City, followed by Makati, Manila, Taguig, Parañaque, Mandaue, Mandaluyong, Davao, and Cebu, among others. We break down what constitutes “wealth” for a city (assets minus liabilities), explore how Metro Manila cities continue to dominate, and highlight the rise of non-NCR cities making the list.

Watch till the end to see insights on what policies, infrastructure, and economic drivers helped these cities climb.

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