Net foreign direct investments in the Philippines rose by 20.2 percent year-on-year to USD 0.75 billion in February 2019 from USD 0.62 billion in the same month of the previous year. This is the highest level of net investment inflows since last August, as net equity capital investments increased to USD 0.233 billion from USD 0.096 billion a year ago. This was due to the rise in equity capital placements to USD 0.258 billion that were sourced mainly from Japan, China, the United States, Singapore, and Switzerland and were channeled primarily to transportation and storage, financial and insurance, manufacturing, real estate, and professional, scientific and technical industries. Likewise, reinvestment of earnings grew to USD 0.079 billion from USD 0.069 billion in the same month a year ago. Foreign Direct Investment in Philippines averaged 362.09 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 790.00 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 800.00 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.