The Bangko Sentral ng Pilipinas (BSP) reported on Monday, May 11, 2026, that foreign direct investment (FDI) net inflows to the Philippines increased to $590 million in February 2026. This figure represents a significant rise from the $443 million recorded in January 2026, according to BSP data. However, it remains lower than the $855 million posted in February of the previous year.
Key Components of FDI Inflows
For February 2026 alone, net investments in equity capital and investment fund shares reached $177 million, surpassing the $123 million recorded in January and slightly exceeding the $175 million logged in February 2025. Reinvestment of earnings also saw an increase to $75 million, up from $53 million in January and $67 million in February last year.
Debt Instruments
Net investments in debt instruments rose to $414 million in February from $320 million in the previous month, though this was lower than the $680 million recorded a year earlier. The United States was identified as the leading source of capital during the month.
First Two Months of 2026
For the first two months of 2026, total FDI inflows amounted to $1.033 billion, a decline compared to the $1.58 billion recorded in the same period in 2025. Looking ahead, monetary officials project FDI inflows to reach $7.5 billion for the full year 2026, lower than the $7.8 billion posted in 2025. This projection comes amid a challenging global economic environment partly driven by geopolitical risks.
