
As of 2008, it is ranked as the 40th richest urban agglomeration in the world with a GDP of $149 billion according to PriceWaterhouseCoopers. Metro Manila is expected to climb to the 33rd spot by 2025 with a GDP of $325 billion and an annual growth rate of 4.7%.
As proclaimed by Presidential Decree No. 940, Metro Manila as a whole is the Philippines' seat of government although only the City of Manila is the capital.
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