The total inflow of foreign direct investments (FDIs) in the Philippines fell by about 31% year-on-year in February, the Bangko Sentral ng Pilipinas (BSP) said.
Preliminary BSP data showed net FDI inflows fell 30.99% to $590 million in February from $855 million in the same month last year.
However, month-on-month, FDI inflows increased by 33.18% from $443 million recorded in January, marking the highest monthly level in three months.
“Foreign investments (FDIs) in the Philippines generated an income of $590 million in February 2026,” the BSP said in a statement on Monday.
“The United States was the leading source of FDI, while companies engaged in financial services and insurance were the largest recipients of FDI during the month,” it added.
In the first two months of 2026, aggregate net FDI inflows fell by 34.79% to $1.033 billion from $1.584 billion in the year-ago period.
FDIs refer to cross-border investments where a non-resident investor holds at least 10% of the shares of a resident enterprise. This may take the form of equity capital, reinvestment of earnings and corporate loans.
The BSP’s FDI data reflects the actual flow of money. This is different from the Philippine Statistics Authority’s data on foreign investment, which represents investment commitments that may not actually materialize during the reference period.
The central bank expects FDI inflows to reach $7.5 billion this year. – Katherine K. Chan
