The province of Cebu topped the ranking of the wealthiest provinces in the Philippines, with assets amounting to approximately 310 billion Philippine pesos in 2023. Following by a large margin were the provinces of Rizal and Camarines Sur.
In 2023, Quezon was the wealthiest city in the Philippines, with approximately 449 billion Philippine pesos worth of assets. Following by a large margin was Makati City. In that year, the province of Cebu was the wealthiest province in the country.
For the 2022 national elections, the most vote-rich province in the Philippines was Cebu, with around **** million registered voters. This was followed by Cavite and Pangasinan with *** million and *** million registered voters, respectively.
For the 2022 national elections, Quezon City was the most vote-rich city in the Philippines, accounting for the highest number of registered voters at *** million. This was followed by Manila and Davao with **** million and around *** million voters, respectively.
Preliminary estimates for 2023 show that the region of Zamboanga Peninsula had the highest poverty incidence among families in the Philippines at 24.2 percent. In comparison, the National Capital Region (NCR) had the lowest poverty incidence among families during this period. Overall, the total poverty incidence of families in the Philippines was 10.9 percent.
The Philippines has a steadily growing economy, with a gross domestic product (GDP) that reached over 461.62 billion U.S. dollars in 2024. Gross domestic product (GDP) denotes the aggregate value of all services and goods produced within a country in any given year. GDP is an important indicator of a country's economic power. The GDP of the Philippines is expected to increase substantially to over 757.67 billion U.S. dollars by 2030. The Philippines’ economy GDP of the Philippines has consistently grown at around six percent and is expected to remain constant through 2024. At the same time, the unemployment rate has fallen to about 2.5 percent in 2018, with an increasing amount of employment being within the services sector . Sectors of the economy The services sector is a significant economic sector in the Philippines economy, with a share of almost 60 percent in gross domestic product generation. Usually, a shift of GDP generation from agriculture to services is a sure sign of a growing economy - the same is true for the Philippines: Tourism and IT are industries within the services sector which has substantially contributed to the Philippines’ economic growth. The agriculture sector, although contributing to the Philippines’ export quantity, such as coconut oil and fruits, has declined over recent years, with more and more inhabitants moving to the cities to find work.
Not seeing a result you expected?
Learn how you can add new datasets to our index.
The province of Cebu topped the ranking of the wealthiest provinces in the Philippines, with assets amounting to approximately 310 billion Philippine pesos in 2023. Following by a large margin were the provinces of Rizal and Camarines Sur.