The Philippine Statistics Authority (PSA) in Cordillera has reported Baguio City as the country’s top regional city economy in per capita terms, posting the highest gross domestic product (GDP) per capita among regional cities in 2025.
According to the PSA-Cordillera, Baguio leads all cities in the country with a GDP per capita of P485,400, signaling the city’s strong consumer-driven economy and resilience amid economic challenges.
Trailing Baguio were Cagayan de Oro City in Northern Mindanao with P389,500 and Iloilo City in Western Visayas with P362,200.
The PSA report noted that the Cordillera region posted a 4.4-percent economic growth in 2025, slightly slower than the 4.9-percent expansion recorded in 2024.
Government economists largely attribute the high per capita output in leading regional cities to robust household consumption, supported in part by steady remittances from overseas Filipino workers.
Other cities in the top tier are Lapu-Lapu City (P354,300), Cebu City (P346,500), Mandaue City (P345,900), Davao City (P320,800), Angeles City (P313,300), Bacolod City (P253,900), Iligan City (P240,400), Tacloban City (P229,700), Olongapo City (P223,500), and Puerto Princesa City (P203,800).