Net foreign direct investment into the Philippines tumbled by 24.5 percent year-on-year to a six-month low of USD 423 million in October 2020, due to the resurgence of COVID-19 cases in the US, Japan and some European countries. Meanwhile, net equity capital investments slumped by 98.2 percent. Considering the first ten months of the year, FDI net inflows declined 10.2 percent, compared to the same period of 2019, while net equity capital investments rose by 6.4 percent, amid the uncertainties surrounding the effect of a prolonged pandemic on the global economy. Equity capital placements during the period originated mainly from Japan, the Netherlands, the US, and Singapore. These were invested primarily in manufacturing, real estate, and financial and insurance industries. source: Bangko Sentral NG Pilipinas
Foreign Direct Investment in Philippines averaged 387.02 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 January of 2021.
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.