Makati

Makati
Flag of Makati
Etymology: San Pedro [de] Macati
Nickname: 
Financial Capital of the Philippines
Motto(s): 
Makati, Mahalin Natin, Atin Ito.
("Makati, let us love it, it is ours.")
  • Map of Metro Manila with Makati highlighted
OpenStreetMap
Map
Makati is located in Philippines
Makati
Makati
Location within the Philippines
Coordinates: 14°33′24″N 121°01′17″E / 14.5567°N 121.0214°E / 14.5567; 121.0214
CountryPhilippines
RegionNational Capital Region
Provincenone
District 1st and 2nd district
FoundedJune 1, 1670
RenamedFebruary 28, 1914 (as Makati)
CityhoodFebruary 4, 1995
Recent territorial changeNovember 9, 2023
Barangays23 (since 2023)
Government
 • TypeSangguniang Panlungsod
 • MayorAbigail Binay (MKTZNU/NPC)
 • Vice MayorMonique Lagdameo (MKTZNU)
 • Representatives
 • City Council
Members
 • Electorate458,362 voters (2022)
Area
 • Total18.17 km2 (7.02 sq mi)
Elevation
32 m (105 ft)
Highest elevation
465 m (1,526 ft)
Lowest elevation
0 m (0 ft)
Population
 (2020 census)[3]
 • Total292,743
 • Density16,111/km2 (41,730/sq mi)
 • Households
89,638
Demonym(s)Makiteño; Makatizen
Economy
 • Income class1st city income class
 • Poverty incidence
0.80
% (2021)[4]
 • HDIIncrease 0.903 (Very High)
 • Revenue22,387,841,645.00 (2020)
 • Assets₱ 236,729 million (2020)
 • Expenditure₱ 19,273 million (2020)
 • Liabilities₱ 16,415 million (2020)
Service provider
 • ElectricityManila Electric Company (Meralco)
Time zoneUTC+8 (PST)
ZIP code
1200–1213, 1219–1235
PSGC
IDD:area code+63 (0)02
Native languagesTagalog
Major religionsRoman Catholic Church
Feast dateDecember 12
Catholic dioceseRoman Catholic Archdiocese of Manila
Patron saintSt. Peter and St. Paul, Virgen de la Rosa
Websitewww.makati.gov.ph

Makati (/məˈkɑːti/ mə-KAH-tee; Tagalog pronunciation: [mɐˈkaː.t̪ɪ]), officially the City of Makati (Filipino: Lungsod ng Makati), is a highly urbanized city in the National Capital Region of the Philippines, known for being one of the leading financial centers in the country. As of 2013, the city has the highest concentration of multinational and local corporations in the Philippines.[5] Major banks, corporations, department stores as well as foreign embassies are based in Makati. Makati is also known for being a major cultural and entertainment hub in Metro Manila.[6] According to the 2020 census, it had a population of 629,616 people,[3] making it as the 47th most populous city in the country and ranked as the 43rd most densely populated city in the world with 19,336 inhabitants per square kilometer or 50,080 inhabitants per square mile.

In 2023, the ten Embo barangays were removed from Makati's jurisdiction as a result of the Makati–Taguig boundary dispute ruling, resulting in a reduction of the city's population to about 292,743. The daytime population of the city is estimated to be more than three million during a typical working day because of the large number of people who go to the city to work, shop, and do business.[7][8]


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  1. ^ City of Makati | (DILG)
  2. ^ "2015 Census of Population, Report No. 3 – Population, Land Area, and Population Density" (PDF). Philippine Statistics Authority. Quezon City, Philippines. August 2016. ISSN 0117-1453. Archived (PDF) from the original on May 25, 2021. Retrieved July 16, 2021.
  3. ^ a b Census of Population (2020). "National Capital Region (NCR)". Total Population by Province, City, Municipality and Barangay. Philippine Statistics Authority. Retrieved July 8, 2021.
  4. ^ "PSA Releases the 2021 City and Municipal Level Poverty Estimates". Philippine Statistics Authority. April 2, 2024. Retrieved April 28, 2024.
  5. ^ "About Makati, Philippines". Makaticity.com. Retrieved June 5, 2013.
  6. ^ "Tourist information and services on Makati City Philippines". Touristcenter.com.ph. Retrieved March 26, 2013.
  7. ^ "NATIONAL CAPITAL REGION (NCR) > Makati City". Department of Tourism. 2009. Archived from the original on February 3, 2014. Retrieved May 23, 2013.
  8. ^ Cite error: The named reference basicfacts was invoked but never defined (see the help page).