Local purchasing power index score of Manila Philippines 2016-2023
The capital city of Manila had a local purchasing power index score of 24.8 in 2023, indicating a slight increase from the previous year. The city's local purchasing power index significantly declined between 2019 and 2020 at the height of the COVID-19 pandemic. In the Asia Pacific region, Seoul in South Korea had the highest local purchasing power index score as of 2023.