Net foreign direct investment into the Philippines surged 139.5% year-on-year to USD 808 million in March 2021, amid the government efforts to accelerate the vaccination program. The increase in FDI was driven mainly by a 744% jump in non-residents’ net investment in debt instrument to USD 380 million from USD 45 million in the same month last year. Meanwhile, non-residents’ net investments in equity capital rose by 52.8% to USD 349 million in March 2021 from USD 229 million a year earlier. This developed as equity capital placements expanded by 35.9% to USD 377 million, while withdrawals declined by 42.6% to USD 28 million. Bulk of the equity capital placements during the period came from Singapore, Japan, and the US. Capital infusions were directed mainly to manufacturing industries, and electricity, gas, steam and air-conditioning . Considering the first three months of the year, FDI net inflows soared 45.1% from a year earlier to USD 2.4 billion. source: Bangko Sentral NG Pilipinas
Foreign Direct Investment in Philippines averaged 401.05 USD Million from 2005 until 2021, 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 June of 2021.
Foreign Direct Investment in Philippines is expected to be 900.00 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 1000.00 in 12 months time. In the long-term, the Philippines Foreign Direct Investment is projected to trend around 1000.00 USD Million in 2022 and 1200.00 USD Million in 2023, according to our econometric models.