FDI into the Philippines Drop 25.8% in September
2025-12-10 03:39
By
Joshua Ferrer
1 min. read
Net direct investment (FDI) in the Philippines dropped by 25.8% year-on-year to USD 0.3 billion in September 2025.
This marked the lowest level of net inflows since April 2020, primarily driven by a sharp decline in debt instruments (-40.7%) and the reinvestment of earnings (-2.1%).
Meanwhile, the decrease was tempered by a significant increase recorded from net inflows in equity capital (378.2%).
Equity capital replacements during the month mainly originated from Japan, the United States, and Singapore, with investments directed largely toward manufacturing, wholesale and retail trade, and real estate.
Considering the January to September period, net FDI reached USD 5.5 billion, sharply lower by 22.2% compared with the corresponding period of the previous year.
In the first three quarters of 2025, net FDI inflows totaled 1.6% of the country’s GDP.