Iligan’s Economic Growth Shines as It Joins Mindanao’s 2024 Top 10 Performing Cities

Iligan Among Mindanao’s Top Cities in 2024 Revenue Ranking

The latest data on locally sourced revenue for 2024 has placed Iligan City firmly within the Top 10 most financially performing cities in Mindanao, ranking 7th overall. With a revenue of ₱672.6 million, Iligan demonstrates steady economic progress driven by expanding local businesses, improved fiscal management, and active community participation in city development.

Iligan’s Strong Showing in Northern Mindanao

In the Northern Mindanao region, Cagayan de Oro City leads with ₱3.151 billion, followed by Iligan City and other component cities such as Valencia, Ozamiz, Tangub, and Malaybalay. Iligan’s performance underscores its resilience and economic potential as a key industrial and commercial hub in the region.

Top 10 Mindanao Cities by Locally Sourced Revenue (2024):

1. Davao City – ₱7.5619B
2. Cagayan de Oro City – ₱3.1517B
3. General Santos City – ₱1.0667B
4. Zamboanga City – ₱970.47M
5. Butuan City – ₱896.85M
6. Tagum City – ₱702.70M
7. Iligan City – ₱672.6M
8. Panabo City – ₱467.7M
9. Pagadian City – ₱390.6M
10. Digos City – ₱376.5M

This ranking highlights Iligan’s fiscal competitiveness, strengthening its role as a major contributor to Northern Mindanao’s economic growth and reinforcing its reputation as an emerging investment destination in the south.

Iligan’s Momentum Continues

As Iligan sustains its upward economic trajectory, local leaders and businesses are encouraged to maintain transparency, strengthen tax collection, and support initiatives that drive inclusive growth and community development.