Philippines Foreign Direct InvestmentJuly 2022 Data - 2005-2021 Historical

Net foreign direct investment into the Philippines surged 48.3% yoy to a four-month high of USD 0.99 billion in April 2022, rebounding sharply from a 9.83% drop in March, following the increases recorded across all components, led by non-residents’ net investments in debt instruments. Malaysia was the top source of FDI pledges, followed by the US and Japan. Construction; real estate, professional, scientific and technical; manufacturing industries were among the sectors taking beneficiaries. For the first four months of the year, FDI net inflows grew by 12.1% yoy to USD 3.4 billion, due mainly to the increase in non-residents’ net investments in debt instruments. Meanwhile, net equity placements declined during the period.

Net foreign direct investment into the Philippines fell 9.83% yoy to USD a 10-month low of 0.73 billion in March 2022, reversing strongly from a 46.3% surge in February, amid investors’ concern about the outlook on the global economic recovery. The decreased was dragged down by a 69.6% plunge in non-residents’ net investments in debt instruments of local affiliates to USD 105 million. This resulted as equity capital placements contracted by 68.7% to USD 118 million, but was somewhat mitigated by the 58.2% decline in equity capital withdrawals to USD 12 million from USD 28 million. Meanwhile, non-residents’ net investments in debt instruments of local affiliates grew by 45.1% to USD 543 million. The bulk of the equity capital placements during the period came from Japan, the US, and Singapore. Capital infusions were directed mainly to manufacturing; real-estate and financial and insurance. For the first quarter of the year, FDI net inflows rose by 2% yoy to USD 2.4 billion.

Net foreign direct investment into the Philippines surged 46.3% yoy to USD 0.89 billion in February 2022, rebounding sharply from a 16% plunge in January, reflecting mainly the continued infusion of funds by non-resident investors to their local subsidiaries. The increase was supported by a 40.8% growth in non-residents’ net investments in debt instruments of local affiliates to USD 722 million from USD 513 million in February 2021. Also, non-residents’ net investments in equity capital soared by 320.1% yoy to USD 97 million. In particular, equity capital placements grew by 26.5% yoy to USD 116 million, while equity capital withdrawals contracted by 72.4% to USD 19 million. The bulk of the equity capital placements during the period came from Kuwait, Japan, and the US. Capital infusions were directed mainly to manufacturing; financial and insurance, and real estate industries. Considering the first two months of the year, FDI net inflows rose by 8% yoy to USD 1.71 billion.