Net foreign direct investment into the Philippines grew by 33.7 percent to USD 672 million in October of 2019 from USD 502 million a year earlier, the largest amount since April last year. Meanwhile, net equity capital investments dropped 40.8 percent year-on-year to USD 58 million, as equity capital placements came mostly the United States, South Korea, and Japan; being channeled mainly real estate, financial and insurance and manufacturing industries. Meantime, reinvestment of earnings increased by 12.7 percent to USD 79 million from USD 71 million in the corresponding month of the previous year. Year-to-date, net FDI inflows totaled USD 5.8 billion, down 32.8 percent from USD 8.6 billion a year earlier.
Foreign Direct Investment in Philippines averaged 372.11 USD Million from 2005 until 2019, 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. source: Bangko Sentral NG Pilipinas
Foreign Direct Investment in Philippines is expected to be 800.00 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 1050.00 in 12 months time. In the long-term, the Philippines Foreign Direct Investment is projected to trend around 1200.00 USD Million in 2020, according to our econometric models.