Net foreign direct investment into the Philippines surged by 46.9 percent year-on-year to USD 637 million in August 2020, the fourth straight month of increase, owing to investors’ renewed confidence as the national government’s fiscal stimulus and central bank’s accommodative monetary policy stance to mitigate the impact of COVID-19 pandemic gained traction along with the easing of quarantine measures in the country. Meanwhile, net equity capital investments jumped by 32.9 percent. Considering the first eight months of the year, FDI net inflows were down 5.6 percent, compared to the same period of 2019, while net equity capital investments rose by 8.1 percent. Equity capital placements during the period originated mainly from Japan, the Netherlands, the US, and Singapore. These were invested primarily in manufacturing, real estate, financial and insurance, administrative and support service industries, and wholesale and retail trade industries. source: Bangko Sentral NG Pilipinas
Foreign Direct Investment in Philippines averaged 385.43 USD Million from 2005 until 2020, reaching an all time high of 2256 USD Million in April of 2016 and a record low of -396 USD Million in June of 2007. This page provides - Philippines Foreign Direct Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Foreign Direct Investment - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Foreign Direct Investment in Philippines is expected to be 500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Direct Investment in Philippines to stand at 1150.00 in 12 months time. In the long-term, the Philippines Foreign Direct Investment is projected to trend around 1000.00 USD Million in 2021 and 1200.00 USD Million in 2022, according to our econometric models.