| Candidate | Party | Votes | % | |
|---|---|---|---|---|
| Ramon Magsaysay | Nacionalista Party | 2,912,992 | 68.90 | |
| Elpidio Quirino | Liberal Party | 1,313,991 | 31.08 | |
| Gaudencio Bueno | Independent | 736 | 0.02 | |
| Total | 4,227,719 | 100.00 | ||
| Valid votes | 4,227,719 | 97.71 | ||
| Invalid/blank votes | 98,987 | 2.29 | ||
| Total votes | 4,326,706 | 100.00 | ||
| Registered voters/turnout | 5,603,231 | 77.22 | ||
| Source: Nohlen, Grotz, Hartmann, Hasall and Santos[1] | ||||
- ^ Dieter Nohlen; Florian Grotz; Christof Hartmann; Graham Hassall; Soliman M. Santos.
Elections in Asia and the Pacific: A Data Handbook: Volume II: South East Asia, East Asia, and the South Pacific.