Net foreign direct investment (FDI) in the Philippines sank by 64.7% year-on-year to a more than decade-low of USD 210 million in May 2026. The decline was driven by lower net investments in debt instruments and reinvestment of earnings, which more than offset the increase in net equity capital investments other than reinvestment of earnings. In the first five months of 2026, net FDI inflows fell 33.4% year-on-year to USD 2.18 billion, as net investments in debt instruments dropped 49.5% to USD 1.25 billion and reinvested earnings declined 9.7% to USD 383 million, outweighing a 17.4% increase in equity capital investments to USD 925 million. Equity capital placements were sourced mainly from Japan, the United States, and Singapore and were directed primarily to the manufacturing, financial and insurance, and real estate sectors. source: Bangko Sentral NG Pilipinas

Foreign Direct Investment in Philippines increased by 210 USD Million in May of 2026. Foreign Direct Investment in Philippines averaged 489.69 USD Million from 2005 until 2026, reaching an all time high of 2662.00 USD Million in December of 2021 and a record low of -396.00 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 August of 2026.

Foreign Direct Investment in Philippines increased by 210 USD Million in May of 2026. Foreign Direct Investment in Philippines is expected to be 345.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Foreign Direct Investment is projected to trend around 685.00 USD Million in 2027 and 695.00 USD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-10 07:30 AM
Foreign Direct Investment
Apr $0.3B $0.6B $0.6B
2026-08-13 01:00 AM
Foreign Direct Investment
May $0.2B $0.3B $0.4B
2026-09-10 01:00 AM
Foreign Direct Investment
Jun $0.2B $ 0.51B


Related Last Previous Unit Reference
Capital Flows 7.37 6.88 USD Million Mar 2026
Current Account -2691.41 -1456.16 USD Million Mar 2026
Current Account to GDP -3.30 -4.00 percent of GDP Dec 2025
External Debt 147650.80 137628.30 USD Million Dec 2025
Foreign Direct Investment 210.00 250.00 USD Million May 2026
Cash Remittances 3039000.00 2710000.00 USD Thousand Jun 2026


Philippines Foreign Direct Investment
Actual Previous Highest Lowest Dates Unit Frequency
210.00 250.00 2662.00 -396.00 2005 - 2026 USD Million Monthly
NSA

News Stream
FDI into the Philippines Sank to Decade Low
Net foreign direct investment (FDI) in the Philippines sank by 64.7% year-on-year to a more than decade-low of USD 210 million in May 2026. The decline was driven by lower net investments in debt instruments and reinvestment of earnings, which more than offset the increase in net equity capital investments other than reinvestment of earnings. In the first five months of 2026, net FDI inflows fell 33.4% year-on-year to USD 2.18 billion, as net investments in debt instruments dropped 49.5% to USD 1.25 billion and reinvested earnings declined 9.7% to USD 383 million, outweighing a 17.4% increase in equity capital investments to USD 925 million. Equity capital placements were sourced mainly from Japan, the United States, and Singapore and were directed primarily to the manufacturing, financial and insurance, and real estate sectors.
2026-08-13
FDI into the Philippines Slumps 58.8% in April
Net foreign direct investment (FDI) in the Philippines plunged 58.8% year-on-year to an almost a decade-low of USD 250 million in April 2026. The decline was driven by a 91.7% drop in net investments in debt instruments and a 1.9% decrease in reinvested earnings, which more than offset a 3,040.6% surge in equity capital investments other than reinvestment of earnings. In the first four months of 2026, net FDI inflows fell 26.5% year-on-year to USD 1.97 billion, as declines in net investments in debt instruments (-40.3%) and reinvested earnings (-14.0%) outweighed a 53.7% increase in equity capital investments. Equity capital placements continued to be sourced mainly from Japan, the United States, and Singapore and were directed primarily to the manufacturing, financial and insurance, and real estate sectors.
2026-07-10
FDI into the Philippines Rises in March
Net foreign direct investment (FDI) in the Philippines rose by 26.1% year-on-year to USD 611 million in March. The increase was driven by a 62.1% jump in net equity capital investments other than reinvestment of earnings, alongside a 26% rise in reinvested earnings and a 14.6% gain in net investments in debt instruments. Equity capital placements were largely sourced from Japan, the United States, and Singapore and were mainly directed toward the manufacturing, financial and insurance, and real estate sectors. Despite the annual gain, inflows were 4.2% lower than February’s USD 638 million. For the first quarter, net FDI inflows fell by 17% to USD 1.72 billion, as declines in debt instruments (-22.7%) and reinvested earnings (-17.9%) outweighed a 13.1% increase in equity capital investments. During the period, equity capital placements continued to be dominated by Japan, the US, and Singapore.
2026-06-12