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Makati ( 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. 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. According to the 2020 census, it had a population of 629,616 people, making it the 47th most populous city in the country and 8th most populous in Metro Manila. Makati is one of the most densely populated city proper areas globally, ranking 8th worldwide and 2nd in the Philippines, after Manila, with a population density of 28,975 inhabitants per square kilometer (75,044 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.