Net foreign direct investment into the Philippines increased 7.1 percent to a three-month high of USD 481 million in June of 2020 from USD 449 million a year earlier, the second straight month of increase, as the gradual reopening of advanced economies with investment interest in the Philippines, despite the COVID-19 pandemic. In particular, net equity capital investments jumped 497% to USD 173 million while net placements of equity capital surge 137.6% to USD 185 million. The main equity capital placements came from Japan, the Netherlands, Singapore and the US. These were invested mostly in manufacturing, real estate, financial and insurance and administrative and support service industries. Meanwhile, net investments in debt plunged 28.8% to USD 229 million and reinvestment of earnings dropped 19.4% to USD 80 million from USD 99 million in the same month a year ago. Considering the first six months of the year, FDI fell 18.3% to USD 3 billion.
Foreign Direct Investment in Philippines averaged 382.27 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 September of 2020. source: Bangko Sentral NG Pilipinas
Foreign Direct Investment in Philippines is expected to be 550.00 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 1200.00 in 12 months time. In the long-term, the Philippines Foreign Direct Investment is projected to trend around 1200.00 USD Million in 2021, according to our econometric models.