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Philippines' net FDI inflow $8.6 bn in Jan-Nov 2024: Central bank

12 Feb '25
1 min read
Philippines' net FDI inflow $8.6 bn in Jan-Nov 2024: Central bank
Pic: Adobe Stock

Insights

  • Net inflow of FDI into the Philippines rose by 4.4 per cent YoY in the first eleven months last year to $8.6 billion, the central bank said.
  • Top sources of FDI during the period include Japan, the UK, the US and Singapore.
  • FDI was channeled primarily to manufacturing, real estate and wholesale and retail trade.
  • In November 2024, net FDI inflow amounted to $901 million—down by 19.8 per cent YoY.
Net inflow of foreign direct investment (FDI) into the Philippines rose by 4.4 per cent year on year (YoY) in the first eleven months last year to $8.6 billion, according to the country’s central bank (BSP).

Top sources of FDI during the period include Japan, the United Kingdom, the United States and Singapore.

FDI was channeled primarily to manufacturing, real estate and wholesale and retail trade, a release from the bank said.

In November last year, net FDI inflow amounted to $901 million—down by 19.8 per cent YoY.

Non-residents' net investments in debt instruments declined by 17.9 per cent YoY to $791 million in November last year. Their net investments in equity capital other than reinvestment of earnings also fell by 58.9 per cent YoY to $35 million. Their reinvestment of earnings remained broadly stable at $74 million in the month.

Fibre2Fashion News Desk (DS)

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