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 Negros Occidental is one of the top 10 wealthiest province in the country which ranked  number 6th for the second year in a row with P18 billion in total assets in 2021, according to the Commission on Audit (COA) report.

Cebu remained on top position as the richest province in the country with total assets worth P215.27 billion, followed by Rizal withP30.6 billion, Batangas P29.7 billion, Davao de Oro with P23.2 billion, and Bukidnon with P19.4 billion.

The province of Iloilo landed in eight place with P17.39-billion in total assets.

The announcement came after COA released the figures included in the 2021 Annual Report for Local Government mandated by the Constitution and the Government Auditing Code of the Philippines.

It covers the 97.7 percent or 1,676 of the 1,715 local government units financial statement which consist of 81 provinces, 1,488 municipalities, 22,680 barangays and the Bangsamoro government composed of 21 ministries and offices.

Below are the list of wealthiest cities, municipalities and provinces in the Philippines.


  • Quezon City: P451.007 billion
  • Makati: P238.561 billion
  • Manila: P65.252 billion
  • Pasig City: P51.176 billion
  • Taguig: P36.116 billion
  • Cebu City: P33.343 billion
  • Mandaue: P33.006 billion
  • Mandaluyong P31.44 billion
  • Davao City: P26.555 billion
  • Caloocan: P23.383 billion


  • Cebu: P215.27 billion
  • Rizal: P30.637 billion
  • Batangas: P29.705 billion
  • Davao de Oro: P23.211 billion
  • Bukidnon: P19.455 billion
  • Negros Occidental: P10.025 billion
  • Ilocos Sur: P17.907 billion
  • Iloilo: P17.399 billion
  • Isabela: P16.419 billion
  • Palawan: P16.108 billion


  • Carmona, Cavite: P6.211 billion
  • Limay, Bataan: P4.794 billion
  • Silang, Cavite: P3.738 billion
  • Cainta, Rizal: P3.393 billion
  • Taytay, Rizal: P3.274 billion
  • Binangonan, Rizal: P3.141 billion
  • Caluya, Antique: P3.11 billion
  • Sta. Maria, Ilocos Sur: P3.044 billion
  • Cabugao, Ilocos Sur: P2.966 billion
  • Rodriguez, Rizal: P2.915 billion

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