A view of Baguio City from Mount Sto. Tomas in Tuba, Benguet. Michelle Soriano, ABS-CBN News 

MANILA -- Baguio was the wealthiest city outside Metro Manila in 2022, according to data released by the Philippine Statistics Authority (PSA).

In the PSA's Provincial Product Accounts, it was shown that Baguio City had the highest per capita gross domestic product (GDP) among the provinces and highly urbanized cities in the Philippines that year.

Their per capita GDP reached P420,016--more than twice the national average of P178,751. 

The per capita GDP is a measure of how much the economy grows per person in a particular area and is a measure of wealth or poverty.

Cagayan de Oro City comes after Baguio, with a per capita GDP of P343,936. This is followed by Lapu-Lapu City (P313,039), Iloilo City (P306,444), and the province of Bataan (P297,930).

Rounding out the top 10 richest areas outside Metro Manila were Cebu City, the province of Laguna, Mandaue City, Davao City, and the province of Batanes. All had per capita GDP above the national average.

The state statistics agency's latest findings only cover 82 provinces and 17 highly urbanized cities in 16 pilot regions across the country.

In October, a 2022 report from the Commission on Audit (COA) showed that Quezon City was the Philippines' wealthiest in terms of assets.

LIST: The richest cities, provinces in the Philippines