Foreign Direct Investments in the Philippines Increase by 89.9% in January 2024

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Foreign Direct Investments in the Philippines Increase by 89.9% in January 2024
Foreign Direct InvestmentsFDIPhilippines
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Net inflows of foreign direct investments (FDI) in the Philippines reached $907 million in January 2024, showing an 89.9% increase compared to the same month last year. The growth was mainly driven by a 173.2% expansion in non-residents' net investments in debt instruments.

NET inflows of foreign direct investments reached $907 million in January 2024 , up by 89.9 percent from the $478-million net inflows seen in the same month last year, the Bangko Sentral ng Pilipinas said Wednesday.

The BSP said the investments went mostly to manufacturing, real estate, construction and wholesale and retail trade industries.

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Foreign Direct Investments FDI Philippines Net Inflows January 2024 Growth Non-Residents Debt Instruments

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