Thursday, August 15, 2013

Top 10 Cities in the Philippines with Highest Per Capita Income

The cities of MakatiTagaytay, and Pasig are the top three cities in the Philippines in terms of per capita income in 2009, while the cities of Bayawan(Negros Oriental), San Fernando (Pampanga), and San Jose Del Monte (Bulacan) are the bottom-dwellers. This is according to a May 2012 report by the National Statistical Coordination Board (NSCB).
Per capita income refers to the total income earned divided by the city’s total population. In a sense, the figures show how effective and efficient the local government unit (LGU) is in producing income.
True, LGUs are not in the business of making money, but the data show how efficient (or inefficient) they are in using their Internal Revenue Allotment (IRA) — or budget allocated to them by the national government — and how productive their initiatives are in generating economic activity in their city.
The top 10 Philippine cities with the highest per capita income are as follows. The average per capita income of the Philippines, considering all cities, is only P3,951.
Top 10 Cities in the Philippines with Highest Per Capita Income
RankCityRegion2009 Per Capita Income (in PHP)
-PHILIPPINES (AVERAGE)3,951
1MAKATI CITYNCR16,535
2TAGAYTAY CITYIV-A10,061
3PASIG CITYNCR8,816
4SAN JUAN CITYNCR7,367
5PARANAQUE CITYNCR7,197
6OLONGAPO CITYIII7,191
7MANDALUYONG CITYNCR6,944
8MUNTINLUPA CITYNCR6,791
9SANTIAGO CITYII6,549
10STA. ROSA CITYIV-A6,518
Source: http://www.pinoymoneytalk.com/philippines-city-per-capita-income/

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