The Central Bank of the Philippines published foreign direct investment (FDI) statistics showing net inflows of USD 731 million in January 2025, down 20.0% from USD 914 million a year earlier. The decline was driven mainly by weaker nonresidents’ net investments in debt instruments. Net investments in debt instruments fell 37.7% to USD 519 million from USD 833 million, partly offset by equity capital (excluding reinvestment of earnings) turning to net inflows of USD 88 million from net outflows of USD 11 million. Reinvestment of earnings rose 36.0% to USD 125 million from USD 92 million. Equity capital placements mainly originated from Japan, the United States, Singapore, and Malaysia, and were directed largely to manufacturing, financial and insurance, and real estate.
Central Bank of the Philippines 2025-04-10
Central Bank of the Philippines reports January 2025 FDI net inflows fell 20% to USD 731 million
The Central Bank of the Philippines reported a 20% decrease in foreign direct investment net inflows to USD 731 million in January 2025, primarily due to a 37.7% drop in nonresidents' net investments in debt instruments. Equity capital turned to net inflows of USD 88 million, with significant contributions from Japan, the United States, Singapore, and Malaysia, directed mainly to manufacturing, financial and insurance, and real estate sectors.