Which local government unit (LGU) is the richest in the National Capital Region (NCR)?
The Commission on Audit (COA) recently released the annual financial report for LGUs for the year 2020.
The report listed the top 10 provinces, cities and municipalities with the biggest amount of total assets in 2020. Assets were based on current assets consisting of cash, cash equivalents and receivables, and non-current assets are property, plant and equipment.
In the NCR, Quezon City is the wealthiest with assets of P452.33 billion followed by Makati with P238.46 billion, Manila with P76.54 billion, Pasig with P49.51 billion and Taguig with P30.68 billion. The four cities are also in the top 10 wealthiest cities in the country based on the COA report. Quezon City also emerged as the wealthiest LGU in the Philippines.
Pateros, the lone municipality in NCR, ranked last in terms of assets with P489.84 million.
Here are the LGUs in NCR ranked by wealth or assets in 2020 based on the COA report:
1. Quezon City - P452.33 billion
2. Makati - P238.46 billion
3. Manila - P76.54 billion
4. Pasig - P49.51 billion
5. Taguig - P30.68 billion
6. Caloocan - P22.2 billion
7. Pasay - P19.55 billion
8. Paranaque - P15.59 billion
9. Muntinlupa - P13.47 billion
10. Valenzuela - P11.43 billion
11. Las Pinas - P10.51 billion
12. Marikina - P10.14 billion
13. Mandaluyong - P7.38 billion
14. San Juan - P6.37 billion
15. Navotas - P4.59 billion
16. Malabon - P4.07 billion
17. Pateros - P489.84 million
The top 10 wealthiest cities in the Philippines based on total assets in 2020 are:
1. Quezon City - P452.33 billion
2. Makati - P238.46 billion
3. Manila - P76.54 billion
4. Pasig - P49.51 billion
5. Cebu City - P34.75 billion
6. Mandaue City - P32.57 billion
7. Taguig City - P30.68 billion
8. Davao City - P23.66 billion
9. Caloocan City - P22.20 billion
10. Zamboanga City - P19.77 billion