The Central Bank of the Philippines published updated foreign direct investment (FDI) statistics showing net inflows into the Philippines remained positive in August 2025 but declined sharply year on year. Net FDI inflows fell by 40.5% from USD 830 million in August 2024 to USD 494 million in August 2025, while cumulative net inflows for January–August dropped by 22.5% to USD 5.2 billion from USD 6.7 billion a year earlier. Japan was the leading source of equity capital placements over the first eight months of 2025, alongside the United States, Singapore, and South Korea. The main recipient industries were manufacturing, wholesale and retail trade, and real estate. The central bank noted its FDI series is compiled on a Balance of Payments and International Investment Position Manual, 6th Edition (BPM6) basis, applying the 10% ownership criterion and presenting flows in net terms (equity placements less withdrawals), which differs from approved foreign investment commitments reported by other government sources.
Central Bank of the Philippines 2025-11-10
Central Bank of the Philippines reports August 2025 net FDI inflows fell 40.5% year on year to USD 494 million
The Central Bank of the Philippines reported a 40.5% year-on-year decline in net foreign direct investment (FDI) inflows for August 2025, from USD 830 million to USD 494 million. Cumulative net inflows for January–August 2025 fell by 22.5% to USD 5.2 billion. Japan, the United States, Singapore, and South Korea were the top sources of equity capital, with manufacturing, wholesale and retail trade, and real estate as the main recipient industries.