Net foreign direct investment into the Philippines declined by 41.4 percent year-on-year to USD 0.54 billion in July 2019 from USD 0.93 billion a year earlier. Net equity capital investments decreased to USD 0.10 billion from USD 0.26 billion in the same month a year ago. Equity capital placements came mostly from Japan, Germany, Singapore, the US and South Korea; being channelled mainly to financial and insurance, real estate, manufacturing, and human health and social work industries. Meantime, net investments in debt instruments dropped to USD 0.36 billion from USD 0.59 billion while reinvestment of earnings grew 15.8 percent to USD 0.09 billion from USD 0.08 billion recorded in July 2018. Year-to-date, net FDI inflows totaled USD 4.1 billion, down 39.1 percent from USD 6.8 billion a year before. Foreign Direct Investment in Philippines averaged 369.05 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.
Foreign Direct Investment in Philippines is expected to be 950.00 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 550.00 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.