Baguio Named As Wealthiest City But Locals Aren't Impressed
Baguio may be the wealthiest city, but at what cost? The city's economy reached ₱178.85 billion in 2024, making it the wealthiest city outside Metro Manila.
According to the Philippine Statistics Authority (PSA), the city's growth slowed slightly to 5.8 percent, down from 9 percent in 2023. However, each Baguio resident still produced ₱485,433 worth of goods and services last year, richer per person than residents of seven cities in the National Capital Region.
Many feel that the booming economy is also making daily life harder.
City Planning Officer Architect Donna Rillera Tabangin said people were hesitant to celebrate when the ranking was first announced in April. Traffic has worsened, prices are rising, and the once-serene mountain city now feels overcrowded.
Tourism and business growth have made Baguio rich, but they’ve also strained its livability.
Author's summary: Baguio's wealth comes with a cost to locals.