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Makati, Luzon

Economy in Makati

Detailed economy data — sourced from authoritative datasets and normalized for direct comparison.

Economy in Makati, Luzon

Makati boasts an exceptionally dynamic job market, serving as the headquarters for top local conglomerates, multinational corporations, major banks, and legal firms. The local economy thrives heavily on financial and insurance activities, real estate development, professional business services, and vibrant business process outsourcing (BPO) operations. While corporate competition is fierce, the city's robust economic growth and startup ecosystem continually draw ambitious professionals from across the nation.

Economy & Jobs

Average Salary
$680
Unemployment
5.20%
GDP
$0.0B
Business Score
78

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About Makati, Luzon

Makati stands as the premier financial and commercial epicenter of the Philippines, situated right at the heart of Metro Manila. Historically evolving from a quiet riverside settlement and American-era military airfields into a glittering forest of high-rises, it anchors the country's corporate and diplomatic activity. People flock to Makati for unmatched career prospects, an energetic cosmopolitan culture, and a lifestyle that blends elite luxury with urban grit.

About Luzon

Luzon is the largest and most populous island in the Philippines, serving as the nation's economic and political center, home to over half of the Filipino population. Its economy is diverse, leading the country in both industry and agriculture, with major sectors including electronics, automotive, food processing, textiles, rice, corn, coconuts, sugarcane, and mining for gold, copper, and iron. The climate is tropical, and while the cost of living can be significantly lower than Western nations, particularly in rural areas, major cities like Metro Manila can have expenses comparable to international cities. Lifestyle varies from bustling urban centers to more relaxed provincial living, with transportation often relying on buses, tricycles, and jeepneys outside of major metropolitan areas.

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