The Central Bank of the Philippines released preliminary data showing net foreign direct investment (FDI) inflows rose by 7.1% year on year to USD 610 million in April 2025, remaining in positive territory as higher nonresident debt instrument investment offset a sharp drop in equity capital. Net investments in debt instruments increased by 24.3% to USD 522 million, while reinvestment of earnings edged up 3.3% to USD 84 million. In contrast, nonresidents’ net investments in equity capital excluding reinvested earnings fell by 94.1% to USD 4 million; the remaining equity placements mainly came from Japan, the United States, Singapore, South Korea, and Taiwan, and went primarily to manufacturing, financial and insurance, and real estate. On a cumulative basis, net FDI inflows for January to April 2025 declined by 33.4% to USD 2.4 billion from USD 3.6 billion a year earlier; the central bank noted that its FDI statistics follow BPM6 concepts and are reported on a net basis, differing from approved foreign investment data published by other government sources.
Central Bank of the Philippines 2025-07-10
Central Bank of the Philippines reports April 2025 net FDI inflows up 7.1% to USD 610 million driven by debt instrument investments
The Central Bank of the Philippines reported a 7.1% year-on-year increase in net foreign direct investment (FDI) inflows to USD 610 million in April 2025, driven by a 24.3% rise in nonresident debt instrument investments. However, net investments in equity capital excluding reinvested earnings plummeted by 94.1% to USD 4 million. Cumulatively, net FDI inflows from January to April 2025 fell by 33.4% to USD 2.4 billion, with the central bank highlighting differences in reporting standards compared to other sources.