MANILA, Philippines — The city of Manila retained its standing as a trillion-peso economy in 2025 after generating a Gross Domestic Product (GDP) of ₱1.06 trillion, securing its position as the third-largest city economy in the Philippines behind Quezon City and Makati, data from the Philippine Statistics Authority (PSA) showed.
Economic expansion in the capital moderated to 1.9 percent in 2025, slowing down from the 5.4 percent growth recorded in 2024.
According to the official figures released on October 6 during the 2025 Provincial Product Accounts Data Dissemination and National Statistics Month opening ceremony, Manila generated approximately 14.6 percent of the total economy of the National Capital Region (NCR).
Services remained the dominant force behind the city’s output, comprising 77.4 percent of GDP, while the industrial sector produced the remaining 22.6 percent.
Wholesale and retail trade—alongside motor vehicle and motorcycle repairs—led individual industries, contributing 22 percent to total output. Manufacturing followed closely at 18.5 percent, while public administration, defense, and compulsory social security supplied 15.4 percent.
The fastest-growing sectors in the city during 2025 included transportation and storage at 10 percent, human health and social work activities at 9.4 percent, and education at 6.4 percent.
Public administration and defense served as the largest single contributor to Manila’s GDP growth at 0.5 percentage points, followed by transportation and storage at 0.4 percentage points, and human health and social work activities at 0.24 percentage points.
Manila recorded a per capita GDP of ₱565,047 in 2025, placing it among NCR’s highly urbanized cities that surpassed the regional average.
The latest economic metrics reflect ongoing investments by the administration of Mayor Isko Moreno Domagoso under its Minimum Basic Needs agenda, focusing on essential sectors such as healthcare, education, housing, and job creation.