Makati
Highly urbanized city in Metro Manila, Philippines / From Wikipedia, the free encyclopedia
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Makati (/məˈkɑːti/ mə-KAH-tee Tagalog pronunciation: [maˈkati]), officially the City of Makati (Filipino: Lungsod ng Makati), is a 1st class highly urbanized city in the National Capital Region of the Philippines.
Makati | |
|---|---|
| City of Makati | |
_04.jpg)   .jpg) Clockwise from top: The Makati skyline, Circuit Makati, Rockwell Center, the Nuestra Señora de Gracia Church, and Ayala Avenue | |
| 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.") | |
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OpenStreetMap  | |
.svg)  Makati Location within the Philippines | |
| Coordinates: 14°33′24″N 121°01′17″E | |
| Country | Philippines |
| Region | National Capital Region |
| Province | none |
| District | 1st and 2nd district |
| Founded | June 1, 1670 |
| Renamed | February 28, 1914 (as Makati) |
| Cityhood & HUC | February 4, 1995 |
| Barangays | 33 (see Barangays) |
| Government | |
| • Type | Sangguniang Panlungsod |
| • Mayor | Abigail Binay (MKTZNU) |
| • Vice Mayor | Monique Lagdameo (MKTZNU) |
| • Representatives |
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| • City Council | Members
|
| • Electorate | 458,362 voters (2022) |
| Area | |
| • Total | 21.57 km2 (8.33 sq mi) |
| Elevation | 32 m (105 ft) |
| Highest elevation | 465 m (1,526 ft) |
| Lowest elevation | 0 m (0 ft) |
| Population (2020 census)[3] | |
| • Total | 629,616 |
| • Density | 29,000/km2 (76,000/sq mi) |
| • Households | 186,381 |
| Demonym(s) | Makiteño; Makatizen |
| Economy | |
| • Income class | 1st city income class |
| • Poverty incidence | 0.28 |
| • HDI |  0.903 (Very High) |
| • Revenue | ₱22,387,841,645.00 (2020) |
| • Assets | ₱ 236,729 million (2020) |
| • Expenditure | ₱ 19,273 million (2020) |
| • Liabilities | ₱ 16,415 million (2020) |
| Service provider | |
| • Electricity | Manila Electric Company (Meralco) |
| Time zone | UTC+8 (PST) |
| ZIP code | 1200–1299 |
| PSGC | |
| IDD : area code | +63 (0)02 |
| Native languages | Tagalog |
| Major religions | Roman Catholic Church, Eastern Orthodoxy, Christianity |
| Feast date | December 12 |
| Catholic diocese | Roman Catholic Archdiocese of Manila |
| Patron saint | Our Lady of Guadalupe |
| Website | www |
Makati is the financial center of the Philippines; it has the highest concentration of multinational and local corporations in the country.[5] Major banks, corporations, department stores as well as foreign embassies are based in Makati. The biggest trading floor of the Philippine Stock Exchange used to be situated along the city's Ayala Avenue, before the stock exchange moved their headquarters to the Bonifacio Global City in Taguig.[6][7][8] Makati is also known for being a major cultural and entertainment hub in Metro Manila.[9]
According to the 2020 census, it has a population of 629,616 people[3] making it as the 17th most populous city in the country and ranked as the 41st most densely populated city in the world with 19,336 inhabitants per square kilometer. Although its population is just above half a million, the daytime population of the city is estimated to be more than one million during a typical working day because of the large number of people who go to the city to work, shop, and do business.[10]