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QUEZON CITY remains the wealthiest city in the country, according to a Commission on Audit report.<\/p>\n
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Based on the COA\u2019s 2022 Annual Financial Report on Local Government, Quezon City reported assets worth P443.41 billion as of the end of 2022.<\/p>\n
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In its annual financial report on local governments, the COA said that even if Quezon City\u2019s assets decreased by P7.6 billion or from P451 billion in 2021 to P443.41 billion in 2022, it is still the richest city for the third consecutive year.<\/p>\n
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Quezon City is the biggest city in the capital region based on land area and population.<\/p>\n
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Makati City is the second richest city, with assets of P239.4 billion, while third is Manila, with assets at P77.506 billion.<\/p>\n
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Meanwhile, Cebu is the richest province in the country based on their assets, the COA report said.<\/p>\n
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Second to Cebu is Rizal province, with assets of P35.5 billion.<\/p>\n
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The wealthiest municipality in the country is Carmona in Cavite, with assets totaled P6.52 billion up from P311 million in 2021.<\/p>\n
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Limay in Bataan is the second richest town with assets of P5.7 billion.<\/p>\n
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The 20 wealthiest cities according to their ranking are:<\/p>\n
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1) Quezon City P443.406 billion<\/p>\n
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2) Makati City P239.478 billion<\/p>\n
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3) Manila P77.506 billion<\/p>\n
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4) Pasig City P52.152 billion<\/p>\n
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5) Taguig City P40.840 billion<\/p>\n
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6) Mandaue City P34.231 billion<\/p>\n
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7) Mandaluyong City P32.550 billion<\/p>\n
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8) Cebu City P30.545 billion<\/p>\n
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9) Davao City P29.701 billion<\/p>\n
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10) Para\u00f1aque City P27.376 billion<\/p>\n
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11) Caloocan City P27.205 billion<\/p>\n
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12) Zamboanga City P23.408 billion<\/p>\n
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13) Laoag City P20.971 billion<\/p>\n
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14) Antipolo City P18.762 billion<\/p>\n
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15) Calamba City P18.585 billion<\/p>\n
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16) Pasay City P17.979 billion<\/p>\n
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17) Puerto Princesa P16.798 billion<\/p>\n
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18) Baguio City P14.465 billion<\/p>\n
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19) Cagayan de Oro P13.608 billion<\/p>\n
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20) Valenzuela City P13.323 billion<\/p>\n
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The 20 wealthiest provinces are the following:<\/p>\n
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1) Cebu P235.738 billion<\/p>\n
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2) Rizal P35.595 billion<\/p>\n
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3) Batangas P31.999 billion<\/p>\n
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4) Davao de Oro P23.108 billion<\/p>\n
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5) Ilocos Sur P21.562 billion<\/p>\n
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6) Bukidnon P21.058 billion<\/p>\n
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7) Iloilo P19.977 billion<\/p>\n
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8) Negros Occidental P19.419 billion<\/p>\n
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9) Cavite P19.342 billion<\/p>\n
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10) Pampanga P19.127 billion<\/p>\n
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11) Palawan P18.135 billion<\/p>\n
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12) Leyte P17.910 billion<\/p>\n
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13) Isabela P17.892 billion<\/p>\n
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14) Surigao del Norte P16.793 billion<\/p>\n
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15) Camarines Sur P16.192 billion<\/p>\n
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16) Pangasinan P15.897 billion<\/p>\n
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17) Zamboanga del Sur P15.849 billion<\/p>\n
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18) Negros Oriental P14.659 billion<\/p>\n
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19) Bulacan P13.825 billion<\/p>\n
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20) Nueva Ecija P13.780 billion<\/p>\n
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The 20 wealthiest municipalities are:<\/p>\n
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1) Carmona, Cavite P6.523 billion<\/p>\n
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2) Limay, Bataan P5.792 billion<\/p>\n
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3) Silang, Cavite P4.454 billion<\/p>\n
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4) Caluya, Antique P3.822 billion<\/p>\n
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5) Cabugao, Ilocos Sur P3.806 billion<\/p>\n
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6) Cainta, Rizal P3.767 billion<\/p>\n
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7) Taytay, Rizal P3.671 billion<\/p>\n
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8) Claver, Surigao del Norte P3.568 billion<\/p>\n
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9) Binangonan, Rizal P3.490 billion<\/p>\n
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10) Sta. Maria, Ilocos Sur P3.268 billion<\/p>\n
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11) Sta. Cruz, Ilocos Sur P3.216 billion<\/p>\n
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12) Pilar, Abra P3.203 billion<\/p>\n
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13) Magsingal, Ilocos Sur P3.044 billion<\/p>\n
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14) Nasugbu, Batangas P2.959 billion<\/p>\n
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15) Sinait, Ilocos Sur P2.921 billion<\/p>\n
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16) Rodriguez, Rizal P2.855 billion<\/p>\n
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17) Sual, Pangasinan P2.645 billion<\/p>\n
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18) Bataraza, Palawan P2.575 billion<\/p>\n
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19) Salcedo, Ilocos Sur P2.550 billion<\/p>\n
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20) Tanay, Rizal P2.534 billion<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
RICHEST CITY IN THE PHILLIPINES 2023<\/p>\n","protected":false},"author":1,"featured_media":1464,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/1463"}],"collection":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/comments?post=1463"}],"version-history":[{"count":0,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/1463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/media\/1464"}],"wp:attachment":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/media?parent=1463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/categories?post=1463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/tags?post=1463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}