Makati

Makati: The Financial Heart of the Philippines
Makati is the premier city of Metro Manila, widely recognized as the country’s “Financial Capital” and the “Wall Street of the Philippines.”
Below are the latest key highlights regarding the city:
1. Economic and Financial Status
Wealth Hub: As of December 2025, Makati maintains the highest GDP per capita in the Philippines, reaching nearly 3.9 million pesos.
Business Nexus: It serves as the headquarters for the Philippine Stock Exchange (PSE), numerous multinational corporations, top-tier banks, and foreign embassies.
The Main Artery: Ayala Avenue stands as the city’s most significant commercial axis and business thoroughfare.
2. Lifestyle and Entertainment (2026 Updates)
Shopping & Leisure: The city is home to the renowned Ayala Center, which features upscale shopping destinations such as Greenbelt and Glorietta.
New Landmark: In February 2026, Mettacity—the Philippines’ first immersive virtual experience center—officially opened at Glorietta 4, featuring over 50 futuristic interactive installations.
Hospitality Growth: Throughout 2026, Makati is seeing a significant surge in hotel room inventory, further bolstering its appeal as a top destination for both business and tourism.
3. City Profile
Population: Based on the 2024 census, the resident population is approximately 310,000, though the daytime population swells to over 1 million due to the influx of workers and visitors.
Etymology: The name “Makati” originates from the Tagalog phrase “Makati na, Kumakati na,” meaning “ebbing tide,” referring to the tidal movements of the Pasig River.
Smart City Excellence: Makati is a recipient of the World Smart City Awards—the only city in Southeast Asia to achieve this honor—for its commitment to enhancing public services through technology.